The Bank of N.T. Butterfield has $5 billion in assets and $39 billion of client assets under administration. The bank offers a full range of banking, credit, investment, treasury, trust and custody services through its headquarters in Bermuda, as well as offices in Barbados, Cayman Islands, Guernsey, Hong Kong and the United Kingdom.
"ALLTEL's systems have proven themselves reliable," said Alan R. Thompson, chief executive officer for the Bank of Butterfield. "We understand the importance of having systems that are proven and dependable.
"The strong support we have gotten from ALLTEL Information Services is the basis for this renewal. Their people offer consistent and reliable support for all of their computing products."
"The Bank of Butterfield has been a valued client since 1991," said Prakash Jalihal, managing director of ALLTEL's Latin America and Caribbean group. "A renewal validates our work on their behalf, and demonstrates the value our systems have delivered to the Bank of Butterfield."
Bank of Butterfield Group is a vital community bank in both Bermuda and Cayman and a specialist offshore financial services company. Established in 1858, the Bank of Butterfield is a publicly traded corporation with its shares listed on the Bermuda and Cayman Islands stock exchanges.
ALLTEL Information Services provides banking industry expertise in software applications, systems integration, outsourcing and communications, to offer customized business solutions for the retail and wholesale banking sector. With more than 30 years experience in working with the world's leading financial organizations, ALLTEL's clients include 47 of the top 50 U.S. banks.
ALLTEL, with more than 10 million communications customers and $7.5 billion in annual revenues, is a leader in the communications and information services industries. ALLTEL has communications customers in 24 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries.
