Base Technologies 4

By Baselinemag  |  Posted 2004-11-01 Print this article Print

B of A's Model Bank platform is an amalgam of code written over the last 15 years.

Bank of America's Model Bank platform is an amalgam of custom code written over the last 13 years. Its other core systems include packaged software, in-house programs, and services managed by others.

Retail banking applications, including savings and checking, investments, credit card and mortgagesModel Bank SystemCustom-developed for Nations Bank in early 1990s
Commercial lending systemAdvanced Commercial Banking SystemFidelity Information Services
Mortgage processingFidelity Mortgage Servicing SystemFidelity Information Services
Data warehouse"The W" Enterprise Data WarehouseNCR Teradata
Customer relationship management and product cross-sellingSiebel eFinance and Siebel eInsuranceSiebel Systems
Business intelligenceAlphablox Enterprise Miner OptimizerAlphablox Corp. SAS Institute NCR Teradata
Anti-money-laundering softwareSAS Anti-Money LaunderingSAS Institute
Check imaging and archivingImageShare,ImagePointe, ImageAssureViewpointe
Systems integration softwareWebSphere webMethods Integration PlatformIBM webMethods
Internet bankingBankofAmerica.comDeveloped by a partnership between major banks and IBM
Bank video displays, tickersBank of America Custom MediaCreative Realities
Branch Internet banking kiosksNetkey Software PlatformNetkey
Outsourcing Contracts
Network managementEDS10-year, $5.6 billion deal
Human resources, payroll, benefitsFidelity Investments7-year, $525 million contract
ATM managementDiebold7-year, $500 million contract
Software developmentTata Consultancy Services, Infosys TechnologiesApplication development and maintenance work. Terms not Disclosed


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