EDS to support SlaterLabs approach to banking software design and delivery by building global partnership

Geneva - 12 July 2007

Partnership to cover marketing, sales and professional support services for the SlaterLabs family of Etude based offerings: Etude™, the Etude Programme™ and Etude-Virtuoso™

SlaterLabs Inc. today announced it is building a global partnership with EDS, the leading global technology services company, to provide marketing, sales and professional support services for The Etude Programme™ and SlaterLabs innovative, fully Internet delivered Etude-Virtuoso™ banking system. Etude-Virtuoso allows customers to evaluate on-line, purchase, implement and upgrade the Etude Banking System entirely over the Internet, a major breakthrough in the sale and delivery of mission critical banking systems.

Under the partnership, EDS sees the potential opportunity for Etude, the first banking system built on Microsoft’s .NET Framework, to its global customer base of financial institutions. Etude offers its community of users significantly higher levels of operational excellence through increased time-to-market of banking products and services, value-added customer intelligence capabilities, cost efficiencies from the economies of scale offered by Internet and the reliability and scalability of the Microsoft platform. Through its fully Internet-based sales and software delivery model, combined with the company’s network of tier one technology and professional services partners, SlaterLabs has positioned itself as the first banking software manufacturer capable of simultaneously reaching its global target market by fully leveraging the strengths of the Internet.

“There is strong demand for a next-generation banking system amongst our global financial services client base. We see tremendous potential in the development and deployment of a banking system delivered through sophisticated new channels, and based on Microsoft’s .NET Framework," says Jim Scurlock, Vice President, Global Financial Services Industry, EDS. “This partnership will allow our financial services customers immediate and continuous access to the latest advancements in banking application software. We are very excited at the opportunity to fulfil the large market demand with the Etude Programme and Etude-Virtuoso.”

“Etude-Virtuoso is a market-changing breakthrough. By adding the recognition and support from EDS, our company is further positioned to more efficiently deliver our software products to an even broader customer base worldwide,” says John Slater, Chairman and CEO, SlaterLabs. “We’ve been able to announce a number of significant milestones recently including Bank J.Van Breda joining the programme, and are looking forward to working with EDS to maximise our market potential.”

Comments (0)
No one has commented on this yet. Be the first!
Add your comment - Max 1000 characters used