09:10 PM
Big Deals: SunTrust Trusts NCR; Countrywide Taps Fiserv; Fifth Third Finds March, and more.
SunTrust Trusts NCR
SunTrust Banks (Atlanta) selected NCR Corp. (Dayton, Ohio) as its exclusive ATM provider. NCR will provide new ATMs, upgrade existing units and manage maintenance.
Countrywide Taps Fiserv
Countrywide Bank (Calabasas, Calif.) chose Fiserv CBS Worldwide (Lake Mary, Fla.) as its information technology partner. The Fiserv product portfolio offers an enterprisewide, customer life cycle management solution.
Fifth Third Finds March
Fifth Third Bank (Cincinnati) will deploy March Networks' (Ottawa) networked Digital Video Recorders and Enterprise Management Suite software, a multisite, IP-networked security solution. The rollout is expected to be completed by the end of 2005.
Activcard Adds ASPACE
ActivCard Corp. (Fremont, Calif.), a 49 percent owner of ASPACE Solutions (London), acquired the remaining 51 percent of ASPACE. Future ActivCard products will incorporate ASPACE's customer authentication and authorization technology.
BFCU, FLDI Expand Deal
Bethpage Federal Credit Union (Bethpage, N.Y.) has added automated valuation models and other appraisal services to its deal with technology and services provider First Lenders Data Inc. (Austin).
KeyCorp, NCPCU Team
The National Council of Postal Credit Unions (Del Mar, Calif.) will promote KeyCorp's (Cleveland) agent bank services, which provide free access to Key ATMs, to its more than 150 member postal credit unions.
Montauk Uses Albridge
Montauk Financial Group (Red Bank, N.J.) will implement Albridge Solution's (Lawrenceville, N.J.) enterprisewide data warehouse and adviser application, which will allow for electronic consolidation of broker-dealer-level transaction and position data.
Gartner to Buy Meta
Gartner (Stamford, Conn.) agreed to acquire Stamford-based META Group for approximately $162 million. The boards of directors of both companies have approved the agreement.
Aleri, Providus Partner
Aggregation and analytics software provider Aleri (Chicago) and operational risk management solutions provider Providus Software Solutions (Nashua, N.H.) partnered to support intra-day analytics for operational risk management. Providus' RiskResolve ORM solution will be integrated with Aleri's Analysis Engine.
Fitch Fetches Algorithmics
Fitch Group (New York), a Fimalac company, will acquire Algorithmics (Toronto), a provider of enterprise risk management tools. The acquisition allows Fitch to expand its risk management services.