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ICBA Member Banks Are Increasing Adoption of Cloud Computing
SANTA ANA, CA, Jun 27, 2012 (MARKETWIRE via COMTEX) --
Compushare, the nation's leading Technology Management Provider for
the financial industry, announced today the increased rate of
migration of Independent Community Bankers of America (ICBA) Member
Banks to its Compushare Cloud Computing (C3) solution. C3 is the only
on-demand fully hosted cloud computing solution designed specifically
for the financial services market. Since being chosen by ICBA as the
Preferred Technology Management Service Provider for community banks
in October 2011, Compushare has contracted with ICBA Community Banks
all across the country that have decided to migrate their entire
technology infrastructure and applications to C3.
"The challenging economic and regulatory environment demonstrates how
important it is for banks to focus on their business without having
to worry about investing in and maintaining technology assets," said
Romir Bosu, Compushare CEO. "Our Cloud Computing solution allows
banks to do just that. Compushare is the first in the financial
industry to be able to offer this category-defining solution so
community banks can realize all of the financial, security and
compliance benefits. We are pleased to have been selected as an ICBA
Preferred Service Provider and are excited with the momentum of ICBA
Member banks moving to Compushare's Cloud Computing C3 solution,"
Bosu commented.
Hyperion Bank, based in Philadelphia, PA, recently migrated to
Compushare's C3 solution after recognizing the cost, security and
efficiency benefits in doing so. Wayne S. Hardenbrook, EVP/CFO of
Hyperion Bank, remarked, "Hyperion Bank has worked with Compushare
for several years and we have relied on them for key aspects of our
technology management. It has been a great working relationship with
Compushare and we have recently decided to expand that partnership by
moving onto Compushare's C3 Hosted Application Platform. As an ICBA
Member, it was very important for us to know during our due diligence
process that Compushare was an ICBA Preferred Service Provider. This
gave us the confidence that we were working with a best of breed
company specifically focused on the community banking industry."
"Compushare has been a key ingredient in our core processing
conversion, implementation of new business products, improved health
and stability of our network, success in regulatory examinations, and
now migration to their hosted cloud environment. We look forward to a
beneficial relationship with the ICBA and Compushare for years to
come," commented ICBA Community Bank Member Tom Skraba, Vice
President Operations of PeopleFirst Bank, Joliet, IL.
Just this year, dozens of ICBA member banks have also chosen
Compushare to host certain critical applications such as email, IT
compliance management and Client Relationship Management (CRM)
applications within the C3 cloud environment.
About Compushare:
Compushare is the leading provider of high
quality, innovative technology and compliance solutions for the
financial market. Whether it's providing a totally outsourced cloud
computing solution or assisting with the management of your
technology or IT strategic plan, Compushare takes a consultative
approach to its solutions. With more than 15 years of technology
experience supporting over 800 financial clients nationwide,
Compushare is a SSAE16, SOC 2, TYPE II certified, FDIC reviewed, and
preferred partner with many major providers. From our leadership team
to the members of our service delivery team, our array of knowledge,
certifications and practical expertise is unrivaled in the Financial
Services Industry.
Learn more about Compushare, Inc. at www.compushare.com.
About Independent Community Bankers of America (ICBA):
The
Independent Community Bankers of America, the nation's voice for
community banks, represents nearly 5,000 community banks of all sizes
and charter types throughout the United States and is dedicated
exclusively to representing the interests of the community banking
industry and the communities and customers we serve.
For more information, visit www.icba.org
Media Contact:
Kathleen Roberge
Chief Business Development Officer
(714) 427-1018
Email Contact
SOURCE: Compushare, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=D11B658A4C0C7033
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