Bloomfield State Bank Chooses The HORIZON(TM) Banking System From Fidelity National Information Services
May 02 2006 - 5:05PM
PR Newswire (US)
Bank Cites Technical Superiority, Easy Navigability and Robust
Mortgage Processing Capabilities Jacksonville, Fla., May 2
/PRNewswire-FirstCall/ -- Fidelity National Information Services
(NYSE:FIS) today announced that Bloomfield State Bank has chosen
the in-house version of The HORIZON Banking System for its core
processing needs. The Bloomfield, IN-based bank, a family-owned
institution established in 1873, is also a user of FIS'
ImageCentre(TM) check imaging solution, CustomerLink(TM) Internet
banking and FIS EFT solutions. "Although the integration with other
FIS solutions we use is a nice by- product, our decision was really
made based strictly on HORIZON's attributes," said Benny McNeely,
Bloomfield State Bank's chief executive officer. "In our view, the
product is technically superior to the others we evaluated and will
give us improved ability to navigate through the system. Many
functions will be more automated, less manual, which will mean
better service for our customers. Also, we are very active in
residential mortgages, and HORIZON has extremely robust
capabilities in this area." Built on the principle of end-to-end
integration, HORIZON offers mid-tier to large commercial banks
superior financial reporting, innovative transaction processing and
unsurpassed relationship management. The solution also delivers
true integration with the full spectrum of FIS capabilities
including check imaging, eBanking and business intelligence. "We've
spent more than a decade expanding HORIZON to participate in
virtually every customer touch point experience between financial
institutions and their customers," said Jim Susoreny, executive
vice president for FIS' Integrated Financial Solutions division.
"In fact, you could say that core processing is just a subset of
what is truly a fully integrated banking solution. With the ability
to further integrate with ImageCentre and CustomerLink, Bloomfield
Bank will now be in a position to continue to enhance efficiencies,
and further improve the world-class service they already provide
their customers." About Fidelity National Information Services,
Inc. Fidelity National Information Services, Inc. (NYSE:FIS) is a
leading provider of core processing for financial institutions;
card issuer and transaction processing services; mortgage loan
processing and mortgage-related information products; and
outsourcing services to financial institutions, retailers, mortgage
lenders and real estate professionals. FIS has processing and
technology relationships with 35 of the top 50 global banks,
including nine of the top ten. Nearly 50 percent of all U.S.
residential mortgages are processed using FIS software.
Headquartered in Jacksonville, Florida, FIS maintains a strong
global presence, serving over 7,800 financial institutions in more
than 60 countries worldwide. For more information on Fidelity
National Information Services, please visit
http://www.fidelityinfoservices.com/ . FIS is a majority-owned
subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), number
248 on the Fortune 500 and a provider of outsourced products and
services to a variety of industries. More information about FNF can
be found at http://www.fnf.com/ . This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking
statements. Forward-looking statements are based on management's
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to future economic performance and are not
statements of fact, actual results may differ materially from those
projected. We undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes
in general economic, business and political conditions, including
changes in the financial markets; the risk that our recent merger
with a subsidiary of Fidelity National Financial, Inc. may fail to
achieve beneficial synergies or that it may take longer than
expected to do so; the effects of our substantial leverage, which
may limit the funds available to make acquisitions and invest in
our business; the risks of reduction in revenue from the
elimination of existing and potential customers due to
consolidation in the banking, retail and financial services
industries; failures to adapt our services to changes in technology
or in the marketplace; adverse changes in the level of real estate
activity, which would adversely affect certain of our businesses;
our potential inability to find suitable acquisition candidates or
difficulties in integrating acquisitions; significant competition
that our operating subsidiaries face; and other risks detailed in
the "Statement Regarding Forward-Looking Information," "Risk
Factors" and other sections of the Company's Form 10-K and other
filings with the Securities and Exchange Commission. DATASOURCE:
Fidelity National Information Services CONTACT: Mary Waggoner, Sr.
Vice President, Investor Relations, +1-904-854-3282, or , or
Michelle Kersch, Sr. Vice President, Marketing and Corporate
Communications, +1-904-854-5043, or , both of Fidelity National
Information Services Web site: http://www.fidelityinfoservices.com/
http://www.fnf.com/
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