"We selected Metavante after conducting an extensive search across all the major outsourced and in-house financial service providers. Metavante rose far above its competitors in not only understanding the needs of the aggressive bank market, but also with its innovative technology and unparalleled customer service," said Donald J. Stephens, chief executive officer, Wauwatosa Savings Bank.
Metavante will provide Wauwatosa Savings Bank with a comprehensive suite of banking and payment technology services through a long-term outsourcing agreement, including core account processing, electronic banking, consulting and professional services, item processing, and electronic funds transfer and card services.
Continued Stephens, "Another key differentiator was Metavante's consultative services that helped us identify unique opportunities to expand our small business and commercial offerings while continuing to improve operating efficiencies. No other vendor today offers this expansive blend of solutions in a flexible platform to accommodate our future growth objectives."
"This agreement is an example of how banks are looking to form strategic partnerships to support their ability to compete, grow and win in their marketplace," said Jamie Geschke, president, Metavante Banking and Trust Solutions. "Metavante will be a one-stop shop for all of Wauwatosa Savings' technology needs. Our products are tightly integrated to allow clients to service and maintain their customer relationships in the most efficient manner."
Metavante Banking Solutions offer the most comprehensive set of integrated products and services for financial service providers that are centered on core customer and account management, specializing in deposit, loan and trust accounts. Metavante also provides its clients flexibility in choosing either a licensed, in-house or an outsourced solution. The Metavante Banking Solutions include core account processing, fully integrated delivery channels, business and marketing analytics, electronic banking, integrated payments, image, risk and compliance solutions, along with business and technology consulting. Metavante Banking Solutions serve over 1,500 financial services providers, ranging from community banks to the top 50 U.S. Banks.