VECTORsgiâs core initiatives include electronic check-image processing and image exchange, item processing, dispute resolution and e-commerce solutions for financial institutions and corporations. VECTORsgi, along with Metavante and Kirchman Corporation, was recently named in the FinTech 100, an international listing by the American Banker newspaper and the research firm Financial Insights of the top vertical technology vendors that derive more than a third of their revenue from the financial transaction applications industry.
"The acquisition of VECTORsgi complements our earlier acquisition of Advanced Financial Solutions, as both companies specialize in providing electronic check-imaging technology," said Frank R. Martire, Metavante president and chief executive officer. "With VECTORsgi, our clients can be confident we will have in place the industryâs most comprehensive suite of applications to address Check 21 needs and beyond, including distributed capture, image-archiving, and workflow solutions including research, kite and fraud detection."
"The inclusion within the Metavante family will intensify the momentum that VECTORsgi has been building in the marketplace," said Sydney Smith Hicks, president of VECTORsgi. "It will allow us to continue to exceed our customer expectations with even more resources and solutions."