S1 Corporation, a leading provider of Internet-based solutions for the financial services industry, has signed a five-year agreement with Zurich Financial Services Group for Zurich to utilize the S1 Consumer Suite, including banking, investments, and relationship management applications for use on Zurich’s vertical financial services portal.
“This year, we have continued to broaden and deepen our relationships with some of the world’s largest and most influential financial institutions,” said James S. Mahan III, CEO of S1 Corporation. “Our relationship with Zurich Financial Services is one of the key European deliverables that truly validates our business model, our technology platform and our vision for the future of eFinance. This agreement is evidence of Zurich’s belief in S1’s ability to execute and help Zurich bring new and existing products to market quickly.”
The S1 Consumer Suite provides integrated, Internet-based banking, brokerage, insurance, relationship management, electronic bill presentment and payment and customer care applications that enable financial institutions to compete effectively in today’s industry of rapid consolidation.
S1’s hosting services and data center facilities are designed specifically to accommodate the needs of Internet-based financial transactions. European financial institutions are able to rapidly deploy one of the world’s most comprehensive suites of Internet-based financial services applications through a secure hosting environment in a cost-effective manner.
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