Partnership provides full integration of Web presence, online operational efficiencies
BOSTON, November 4, 2009 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, and T8 Webware, a provider of Web development, management and hosting services for the financial industry, today announced a strategic partnership at BAI's Retail Delivery Conference and Expo. This alliance enables the two companies to offer financial institutions a broader range of online solutions.
T8 provides progressive, non-template driven Web sites to more than 160 banks and credit unions, all of which are mobile-optimized. uMonitor increases the productivity of such sites with its suite of online solutions, including an online account opening and funding solution with switch kit, that ultimately increases profitability and generates new revenue. Combining T8's call to action with uMonitor's ability to execute transactions in real time provides a virtual branch Web experience with the presence and capabilities of a brick-and-mortar branch.
"We provide banks and credit unions with a way to tailor their Web presence that communicates trust and credibility, the key to unlocking sales and increasing revenue," said Wade Arnold, CEO of T8. "Partnering with uMonitor brings a means of transaction execution to our service; now our clients can measure success by new accounts, new clients, new relationships and money transferred, instead of unique visitors and walk-ins. This partnership expands our strategy from Web marketing to a Web branch."
"T8 shares in our commitment of providing the most advanced solutions in a highly configurable and customizable format so that the needs of financial institutions are met while customers and members are delighted," explained Dinesh Sheth, CEO of uMonitor. "uMonitor solutions deliver a strong rate of return on investment, something that should only increase when complemented by the powerful marketing tools that T8 provides. This partnership will enable financial institutions of all sizes to better compete while staying within their business models."
About uMonitor - Parsam Technologies
uMonitor offer a wide range of online solutions specifically designed to help financial institutions provide the most up-to-date services. These highly configurable and customizable solutions enable financial institutions to increase profitability, generate revenue, improve regulatory compliance, improve employee productivity while reducing costs and delight customers. uMonitor solutions include New Account Setup and Online Funding with Switch Kit, New Loan Application Processing, Funds Transfer Service, Bill Presentment and Payment Solutions, Premium Account Management Service, Advisor-Client Relationship Management, and other services. The company's growth and success were recognized by its inclusion on the Inc. 5000 list in 2008 and 2009.
About T8 Webware
T8 Webware is a strategic Web development, management and hosting firm that caters specifically to financial institutions. The company provides progressive, non-template driven Web sites to more than 150 banks and credit unions, all of which are mobile-enabled. T8 Webware's philosophy is to help financial institutions leverage their most powerful marketing tool, their Web site, to drive new business and build an online marketing presence. Most customers experience an ROI within months because of cross sales, while Web traffic is also dramatically improved.
The company's content management system, FREEDOM8, enables financial institutions to provide updates to their Web sites by any authorized user, from any location at any time, while enforcing FFIEC guidelines and FDIC functional compliance. The user interface reflects a word processor format, making the system easy for anyone to use. For more information, visit www.T8DESIGN.com, or call 877.884.3327.
