PROVIDENCE, R. I. (4/16/09)--Andera, a provider of online account opening and funding solutions for financial institutions including credit unions, announced that new packaged Editions are available. Editions are solutions that aim to reduce the complexity, cost and marketing associated with online account opening. Andera’s Editions include:
* Community Edition, a starter solution for online account opening, with low startup costs and quick implementation; * Premium Edition, a mid-range solution that aims to offer functionality and easy implementation; * Premium + Edition, which offers the functionality of Premium Edition plus integration to core and Internet banking systems; and * Enterprise Edition, a flagship solution for online account opening with advanced customization, integration, logic and workflow capabilities.
Organizing its platform into the Editions series indicates Andera’s strategy to turn the online environment into a way for institutions to generate revenue, according to Craig Wilke, Andera vice president of products. “We heard loud and clear that the market is looking for online account opening solutions based on best practices with simpler setup and quicker time to market,” he said.