Commercial banks

Computer Associates Helps Zions Bancorporation Achieve Corporate Objectives

Strategic Insights

Oct 30, 1995 — 1 min read

Computer Associates International, the world's leading business software company, has announced that Zions Bancorporation, a $5.7 billion banking conglomerate, has met its corporate objectives by reducing expenses and improving efficiency after completing the implementation of CA enterprise-wide software solutions across all its business operations. Zions Bancorporation utilized CA software to automate its enterprise-wide operations for 126 full-service banking offices across the bank holding company's various banking, insurance, and money lending businesses. As a result, the company reported an increase in net income of 26.4%.

Key Takeaways:

Zions Bancorporation, a $5.7 billion banking conglomerate, has achieved corporate objectives by reducing expenses and improving efficiency through the implementation of CA enterprise-wide software solutions.
The company utilized CA software to automate its enterprise-wide operations for 126 full-service banking offices across the bank holding company's various banking, insurance, and money lending businesses.
CA software helped Zions Bancorporation streamline and improve the quality of its banking operations, resulting in a 26.4% increase in net income.
Dan Buchanan, president of Zions Data Services Company, stated that CA is the company's most important vendor partner and that they depend on CA to help them run the most efficient banking operation possible.
Richard Chiarello, CA senior vice president, emphasized that CA is committed to providing clients with the best solutions to meet their business objectives and that giving clients a competitive edge is essential for success.

Statistics:

Zions Bancorporation had revenue of $5.7 billion.
The company reported a 26.4% increase in net income after implementing CA software solutions.
CA has 9,000 people in 130 offices in 36 countries and had revenue of $2.6 billion in its 1995 fiscal year.
Zions Bancorporation operates 126 full-service banking offices in Utah, Arizona, and Nevada.

Sources:

Business Wire, October 31, 1995
Computer Associates International, Inc.
Zions Bancorporation

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