AT&T Extends Relationship With Metavante
September 19 2006 - 9:00AM
PR Newswire (US)
Teleconferencing Services Added to Networking Portfolio to Deliver
Additional Capabilities for Leading Financial Technology Provider
MILWAUKEE, Sept. 19 /PRNewswire-FirstCall/ -- AT&T Inc.
(NYSE:T) today announced a multi-year contract for a suite of
teleconferencing services for Metavante Corporation, a leading
provider of banking and payments technology for financial services
firms and businesses worldwide. Metavante(R) is a subsidiary of
Marshall & Ilsley Corporation (NYSE:MI). The new contract
builds on a long-term relationship between the companies in which
AT&T is providing a global networking solution that includes
local- access, private-line and long-distance services, as well as
IP-enabled high- speed data services and global Internet access.
Metavante, which offers data-management services to more than 8,200
clients, uses AT&T's high-speed network to support a wide
variety of financial services including posting transactions and
generating monthly statements, as well as data storage, online
teller applications, electronic check-image exchange and electronic
bill payment. The addition of teleconferencing services will enable
the company to give its remote workers a cost-effective way to
collaborate on projects for their various banking customers around
the world. "Adding teleconferencing capabilities to our mix of
services is a logical extension of our current networking platform
and will enable our financial services experts, account managers
and design engineers to cost-effectively collaborate from anywhere
in the world," said Brian Hurdis, senior executive vice president
and chief information officer of Metavante. "We're continuing to
work with AT&T and use its technology expertise to provide the
highest- quality support and service to our customer base."
Metavante monitors the performance of its network and applications
through the secure AT&T customer portal, AT&T
BusinessDirect(R), which provides operational efficiencies
including around-the-clock online access to real-time reports on
network performance and direct connection to trouble management
systems. In addition, Metavante uses the portal to manage massive
amounts of network data for its clients, troubleshoot potential
problems for them and efficiently resolve any issues. For the
second consecutive year, Yankee Group recently named AT&T
BusinessDirect the best enterprise customer portal for providing
customers with the strongest online support and services experience
in the industry (Source: Yankee Group, Business E-Portals Continue
to Evolve to Meet Enterprise Customer Needs, April 2006). Note:
This AT&T release and other news announcements are available as
part of an RSS feed at http://www.att.com/rss . About AT&T
AT&T Inc. is one of the world's largest telecommunications
holding companies and is the largest in the United States.
Operating globally under the AT&T brand, AT&T companies are
recognized as the leading worldwide providers of IP-based
communications services to business and as leading U.S. providers
of high speed DSL Internet, local and long distance voice, and
directory publishing and advertising services. AT&T Inc. holds
a 60 percent ownership interest in Cingular Wireless, which is the
No. 1 U.S. wireless services provider with 57.3 million wireless
customers. Additional information about AT&T Inc. and AT&T
products and services is available at http://www.att.com/ . About
Metavante Metavante Corporation delivers banking and payments
technologies to financial services firms and businesses worldwide.
Metavante products and services drive account processing for
deposit, loan and trust systems, image- based and conventional
check processing, electronic funds transfer, consumer healthcare
payments, and electronic presentment and payment. Headquartered in
Milwaukee, Metavante ( http://www.metavante.com/ ) is wholly owned
by Marshall & Ilsley Corporation (NYSE:MI). Metavante is a
registered trademark of Metavante Corporation. Subsidiaries and
affiliates of AT&T Inc. provide products and services under the
AT&T brand. DATASOURCE: AT&T Inc. CONTACT: Thomas Hopkins,
AT&T Inc., +1-312-230-4889, or Web site: http://www.att.com/
http://www.metavante.com/ http://www.att.com/rss
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