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Banking industry

BROKAT Licenses Browser-Based Retail and Business Banking Solutions to Charter One Financial

Strategic Insights

— 1 min read

Charter One Financial, one of the top 30 bank holding companies in the US, has selected BROKAT's award-winning platform Twister to provide its customers with state-of-the-art web-based banking services. As part of the license agreement, Charter One will implement BROKAT's full web banking application suites for consumer and small business, including informational and transactional functionality such as bill payment and transfers. The user-friendly, secure system is designed to offer anytime, anywhere access and is expected to increase Charter One's already strong customer base.

Key Takeaways:

  • Charter One has licensed BROKAT's browser-based retail and business banking products, including the award-winning platform Twister.
  • The system will provide Charter One's customers with state-of-the-art web-based banking services, including informational and transactional functionality.
  • The user-friendly, secure system is designed to offer anytime, anywhere access and is expected to increase Charter One's customer base.
  • The license agreement includes BROKAT's service bureau option, which allows banks to quickly place new products and services in the hands of their customers.
  • Charter One is one of the 30 largest bank holding companies in the country, with $32 billion in total assets and over 400 branch locations.
  • BROKAT's Twister platform supports multiple channels, including wireless devices, kiosks, personal digital assistants (PDAs), and ATMs.
  • More than 2,000 organizations worldwide use BROKAT products and services, including top institutions such as Bank of America, Toronto Dominion, and Wells Fargo.

Statistics:

  • Charter One is one of the 30 largest bank holding companies in the country, with $32 billion in total assets.
  • Charter One has over 400 branch locations in six states.
  • BROKAT has more than 2,000 clients worldwide and employs over 700 people in 15 countries.
  • Charter One selected BROKAT's award-winning platform Twister to provide its customers with state-of-the-art web-based banking services.
  • The license agreement is part of Charter One's strategy to continually seek and add innovative, new dimensions to its products and services portfolio.
  • BROKAT's service bureau option allows banks to quickly place new products and services in the hands of their customers.

Sources:

  • BUSINESS WIRE - "BROKAT License Software to Charter One Financial"
  • www.chartone.com - Charter One Financial Company website
  • www.brokat.com - BROKAT AG website

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