New Research from Celent Recognizes Docucorp as a Market Leader among Providers of Document Management in Banking
November 28 2006 - 6:30AM
Business Wire
Docucorp International� (Nasdaq:DOCC), a leading provider of
Customer Communication Management (CCM) solutions, announced today
that it was listed as a leader among elite document management
vendors for the financial services industry by independent research
firm Celent. The report, �Document Management in Banking: Overview
and Solution Spectrum,� published this month and authored by
Madhavi Mantha, evaluated the top 30 document management product
suites and ultimately recognized Docucorp as a leading solution
provider in the market. Celent�s market leaders are determined
based on a vendor�s strength in the banking market and were chosen
as a result of the following criteria: self-reported banking client
base, consideration as a top competitor by other vendors and Celent
analyst opinion based on conversations with vendors and selected
banking customers. According to the report, Docucorp offers a broad
range of document management solutions addressing the functional
areas of intake, workflow and archive, but with a particular focus
on document composition and output. Docucorp�s solution is utilized
by more than 40 banking clients in North America and another 20 in
Europe to aggregate customer information from multiple sources,
create personalized documents for customers and distribute these
documents in a range of print and electronic formats. Published
case studies include an electronic application forms solution for
Royal Bank Financial Group and wealth management customer
correspondence solutions for both HSBC and National Australia Bank.
Madhavi Mantha, senior analyst, Celent, said, �Docucorp's strength
lies with its�personalization and automation features which allow
clients to effectively communicate with customers." Bruce Dale,
senior vice president, products, Docucorp International, said, �Our
financial services customers and prospects want to streamline core
processes, improve customer touchpoints and fulfill compliance
mandates; for this, document management solutions are critical.� He
added, �Celent�s report serves as an independent validation of our
commitment to delivering industry-leading technology to the
financial services market.� About Celent Celent is a research and
advisory firm dedicated to helping financial institutions formulate
comprehensive business and technology strategies. Celent publishes
reports identifying trends and best practices in financial services
technology, and conducts consulting engagements for financial
institutions looking to use technology to enhance existing business
processes or launch new business strategies. With a team of
internationally experienced analysts, Celent is uniquely positioned
to offer strategic advice and market insights on a global basis.
Celent�s research services cover the following six sectors of
financial services: Retail Banking, Wholesale Banking, Retail
Securities and Investments, Institutional Securities and
Investments, Life/Health Insurance, and Property/Casualty
Insurance. About Docucorp Docucorp markets Customer Communication
Management (CCM) solutions via a portfolio of information software,
business process outsourcing and professional services, which
enables companies to create, publish, manage and archive complex,
high-volume, personalized information in-house or fully outsource
to Docucorp. The company has an installed base of more than 1,300
customers, including some of the world�s largest insurance,
utility, financial services and health care organizations.
Headquartered in Dallas, Docucorp has facilities in Atlanta, Silver
Spring, Md., Bedford, N.H., and London, as well as an international
presence in the Benelux, Switzerland, Central and Eastern Europe,
Middle East, Africa and Asia Pacific regions. Certain information
contained in this news release may include �forward-looking�
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than historical facts,
included herein are forward-looking statements. These statements
involve risks and uncertainties, such as competition, technological
developments, loss of significant customers and the other factors
discussed in the Company�s periodic reports filed with the
Securities and Exchange Commission, that could cause the Company�s
actual results to differ materially from those expressed or implied
by these forward-looking statements. Docucorp is a registered
trademark of Docucorp International. � 2006 Docucorp International.
All Rights Reserved. Company, organization and product names
mentioned herein are trademarks or registered trademarks of their
respective owners. Docucorp and its symbol are trademarks of
Docucorp International. Docucorp International(R) (Nasdaq:DOCC), a
leading provider of Customer Communication Management (CCM)
solutions, announced today that it was listed as a leader among
elite document management vendors for the financial services
industry by independent research firm Celent. The report, "Document
Management in Banking: Overview and Solution Spectrum," published
this month and authored by Madhavi Mantha, evaluated the top 30
document management product suites and ultimately recognized
Docucorp as a leading solution provider in the market. Celent's
market leaders are determined based on a vendor's strength in the
banking market and were chosen as a result of the following
criteria: self-reported banking client base, consideration as a top
competitor by other vendors and Celent analyst opinion based on
conversations with vendors and selected banking customers.
According to the report, Docucorp offers a broad range of document
management solutions addressing the functional areas of intake,
workflow and archive, but with a particular focus on document
composition and output. Docucorp's solution is utilized by more
than 40 banking clients in North America and another 20 in Europe
to aggregate customer information from multiple sources, create
personalized documents for customers and distribute these documents
in a range of print and electronic formats. Published case studies
include an electronic application forms solution for Royal Bank
Financial Group and wealth management customer correspondence
solutions for both HSBC and National Australia Bank. Madhavi
Mantha, senior analyst, Celent, said, "Docucorp's strength lies
with its personalization and automation features which allow
clients to effectively communicate with customers." Bruce Dale,
senior vice president, products, Docucorp International, said, "Our
financial services customers and prospects want to streamline core
processes, improve customer touchpoints and fulfill compliance
mandates; for this, document management solutions are critical." He
added, "Celent's report serves as an independent validation of our
commitment to delivering industry-leading technology to the
financial services market." About Celent Celent is a research and
advisory firm dedicated to helping financial institutions formulate
comprehensive business and technology strategies. Celent publishes
reports identifying trends and best practices in financial services
technology, and conducts consulting engagements for financial
institutions looking to use technology to enhance existing business
processes or launch new business strategies. With a team of
internationally experienced analysts, Celent is uniquely positioned
to offer strategic advice and market insights on a global basis.
Celent's research services cover the following six sectors of
financial services: Retail Banking, Wholesale Banking, Retail
Securities and Investments, Institutional Securities and
Investments, Life/Health Insurance, and Property/Casualty
Insurance. About Docucorp Docucorp markets Customer Communication
Management (CCM) solutions via a portfolio of information software,
business process outsourcing and professional services, which
enables companies to create, publish, manage and archive complex,
high-volume, personalized information in-house or fully outsource
to Docucorp. The company has an installed base of more than 1,300
customers, including some of the world's largest insurance,
utility, financial services and health care organizations.
Headquartered in Dallas, Docucorp has facilities in Atlanta, Silver
Spring, Md., Bedford, N.H., and London, as well as an international
presence in the Benelux, Switzerland, Central and Eastern Europe,
Middle East, Africa and Asia Pacific regions. Certain information
contained in this news release may include "forward-looking"
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than historical facts,
included herein are forward-looking statements. These statements
involve risks and uncertainties, such as competition, technological
developments, loss of significant customers and the other factors
discussed in the Company's periodic reports filed with the
Securities and Exchange Commission, that could cause the Company's
actual results to differ materially from those expressed or implied
by these forward-looking statements. Docucorp is a registered
trademark of Docucorp International. (C) 2006 Docucorp
International. All Rights Reserved. Company, organization and
product names mentioned herein are trademarks or registered
trademarks of their respective owners. Docucorp and its symbol are
trademarks of Docucorp International.
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