News Releases
HORIZON is a highly integrated, core account processing solution equipped to meet the needs of financial institutions. It offers clients enhanced financial reporting capabilities, innovative transaction processing and advanced relationship management technology to help banks gain a more comprehensive view of their customers. HORIZON is built to run on the IBM® iSeries platform and offers flexibility in deployment options, including licensed in-house software or a variety of outsourcing options.
Frederick County Bank, a community bank located in Frederick, Maryland, is one of the six newest HORIZON clients. “Long-term, part of FCB’s strength can be attributed to strategic alliances with equally strong and stable business partners such as FIS,” said Marty Lapera, president and chief executive officer of Frederick County Bank. “FCB is a very healthy bank and we have an aggressive growth strategy in place for 2010. We required a technology platform that would support our plan for expansion and believe that we will achieve that with FIS’ HORIZON system.”
FCB conducted an extensive search for a new core system that included bank-wide employee involvement, an independent consultant and also focused on requests from customers to enhance online banking applications, including bill payment for both personal and business accounts.
“Based on our core processing due diligence, we believe converting to HORIZON complements our existing products and services from FIS and provides us with significant efficiencies and a foundation for future growth,” stated Jay M. House, senior vice president and chief technology officer at Frederick County Bank. “Through staff recommendations, we were confident that HORIZON offered much more than standard functionality, flexibility and a commitment to develop and deliver enhancements, as well as excellent integration and support. Our strong partnership with FIS will help us to offer quality customer service to consumers and businesses for many years to come.”
“Partnerships with successful community institutions like Frederick County Bank are very important to FIS,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “The momentum that FIS is experiencing with its highly integrated HORIZON platform translates to gaining additional market share. FIS’ HORIZON is increasingly sought after by community banks who are interested in innovative core technology that will enable them to compete more effectively with larger banks.”
About Frederick County Bank
Frederick County Bank commenced operations in 2001 and has posted positive quarterly earnings continuously since 2002, its second year in operation. The Bank is headquartered in Frederick, Maryland, and conducts full service commercial banking services through four offices, three of which are in the City of Frederick and one office located in Walkersville, Maryland. Frederick County Bank maintains a solid Four Star Rating from Bankrate.com as of September 30, 2009 and the top Five Star Rating from Bauer Financial, Inc., as of December 31, 2009.
About FIS
FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.
FIS HORIZON Selected by Six More Community Banks
Many community banks like Frederick County Bank are choosing FIS as their trusted core technology provider
JACKSONVILLE, Fla., March 24, 2010 – FIS™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, today announced that it has completed six new agreements for its HORIZON core banking platform so far this year. These six wins are in addition to the 16 HORIZON deals FIS inked in 2009.
HORIZON is a highly integrated, core account processing solution equipped to meet the needs of financial institutions. It offers clients enhanced financial reporting capabilities, innovative transaction processing and advanced relationship management technology to help banks gain a more comprehensive view of their customers. HORIZON is built to run on the IBM® iSeries platform and offers flexibility in deployment options, including licensed in-house software or a variety of outsourcing options.
Frederick County Bank, a community bank located in Frederick, Maryland, is one of the six newest HORIZON clients. “Long-term, part of FCB’s strength can be attributed to strategic alliances with equally strong and stable business partners such as FIS,” said Marty Lapera, president and chief executive officer of Frederick County Bank. “FCB is a very healthy bank and we have an aggressive growth strategy in place for 2010. We required a technology platform that would support our plan for expansion and believe that we will achieve that with FIS’ HORIZON system.”
FCB conducted an extensive search for a new core system that included bank-wide employee involvement, an independent consultant and also focused on requests from customers to enhance online banking applications, including bill payment for both personal and business accounts.
“Based on our core processing due diligence, we believe converting to HORIZON complements our existing products and services from FIS and provides us with significant efficiencies and a foundation for future growth,” stated Jay M. House, senior vice president and chief technology officer at Frederick County Bank. “Through staff recommendations, we were confident that HORIZON offered much more than standard functionality, flexibility and a commitment to develop and deliver enhancements, as well as excellent integration and support. Our strong partnership with FIS will help us to offer quality customer service to consumers and businesses for many years to come.”
“Partnerships with successful community institutions like Frederick County Bank are very important to FIS,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “The momentum that FIS is experiencing with its highly integrated HORIZON platform translates to gaining additional market share. FIS’ HORIZON is increasingly sought after by community banks who are interested in innovative core technology that will enable them to compete more effectively with larger banks.”
About Frederick County Bank
Frederick County Bank commenced operations in 2001 and has posted positive quarterly earnings continuously since 2002, its second year in operation. The Bank is headquartered in Frederick, Maryland, and conducts full service commercial banking services through four offices, three of which are in the City of Frederick and one office located in Walkersville, Maryland. Frederick County Bank maintains a solid Four Star Rating from Bankrate.com as of September 30, 2009 and the top Five Star Rating from Bauer Financial, Inc., as of December 31, 2009.
About FIS
FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.
For More Information:
Marcia Danzeisen, SVP, Global Marketing and Communications
Phone: 904.854.5083, Email: marcia.danzeisen@fisglobal.com
Phone: 904.854.5083, Email: marcia.danzeisen@fisglobal.com
