Awards Recognise Cash Management Solution
ACI Worldwide (NASDAQ: TSAI), a leading international provider of software for electronic payment systems, has been awarded four best-of-class awards by Aite Group in their recent cash management report, “Evaluating the Leading Providers of Cash Management Technologies: New Strategies and a Changing Competitive Landscape.” ACI’s online banking solution, ACI Enterprise Banker™, was recognised as best-in-class in the following categories: Most Large and Mid-Size Bank Deployments, Greatest Depth of Functionality, Best New Release of a Solution, and Most Innovative New Product Feature. The awards are based on client references, market perceptions, vendor responses on questionnaires, product demonstrations and Aite Group’s knowledge of the market. ACI garnered the most awards of any participating cash management solution provider which included other industry participants such as Fundtech, S1 and Bottomline Technologies.
“We are pleased to recognise ACI with four best-in-class awards for the ACI Enterprise Banker solution,” said Christine Barry, research director for Aite Group. “With its acquisition of P&H Solutions, ACI Worldwide is a consistent leader in the cash management space. ACI Enterprise Banker has been implemented at more large and mid-sized banks than any other vendor solution. Banks are drawn to Enterprise Banker’s depth of functionality and superior entitlements capabilities.”
In addition to evaluating the leading solutions in the cash management marketplace, the report identifies five key strategies vendors have adopted in response to industry changes. According to the report, these strategies are dominating the cash management industry and have been developed to meet greater bank demands for broader product portfolios, deeper functionality, and greater financial viability. Aite Group has named ACI as a leader in implementing its strategies for end-to-end integration, product innovation, and overseas growth.
“We are honoured that Aite Group has recognised Enterprise Banker with four best-in-class awards, more than any other vendor solution,” said Ralph Dangelmaier, president of the wholesale banking group at ACI. “ACI has worked diligently to develop innovative product modules that deliver robust functionality for our customers. As a result, we have achieved significant momentum in our ability to serve the needs of banks across markets. We were also pleased that Aite Group has named ACI as a leader in our strategic commitment to establishing end-to-end integration, promoting product innovation, and expanding growth overseas.”
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