S1 Corporate Banking Scores Highly in Latest Celent Cash Management Report

S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading global provider of multichannel financial service software, today announced that S1 Corporate Banking received top scores in Celent’s cash management rating report, “The Next Generation of Online Corporate Cash Management Solutions”. S1 Corporate Banking received high accolades across Celent’s vendor evaluation criteria.

"The online cash management technology market continues to be ripe for innovation and advancement, replacements, and new features," said Jacob Jegher, a senior analyst with Celent. "A great opportunity exists for one or more vendors to stand out from the pack by demonstrating a differentiated user experience. S1 is an experienced online banking vendor and performs well in the dimensions of Advanced Technology, Breadth of Features and Usability, and Depth of Financial Institution Services."

The report, a 3-part research process composed of client interviews, in-depth vendor questionnaires, and product demonstrations, evaluates vendors providing cash management solutions for large corporations on a variety of criteria including:

Advanced Technology – the degree to which a vendor is incorporating the latest technology into its application
Breadth of Features and Usability – the scope of features and layout, navigation, support tools, Web 2.0 and dashboards
Depth of Financial Institution Services – general implementation skills, roadmap input, GUI customization, support and training, and responsiveness to customer’s needs

“S1 strives for product excellence that can provide our bank’s corporate customers with a rich online experience,” said Fred Dumas, General Manager, S1 Treasury Online Group. “Celent’s in-depth research validates our belief that usability and customer experience are critical to the success of our partner bank’s online treasury offerings.”

S1 Corporate Banking is a third generation J2EE solution employing the latest technologies to fully engage users in their online banking experience. S1 Corporate Banking includes an Interactive Information Reporting module that allows users to customize the appearance of their prior day and current day report information, execute advanced data aggregation and complex calculations, and perform advanced sorting and filtering of account information.

Other features of S1 Corporate Banking include a customizable Business Dashboard, Global Payments Framework supporting diverse domestic and international payments, extensive security and entitlement features, bulk file transfers, and check services. S1 has twenty years of experience providing cash management solutions to the world's largest banks.