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Press Releases


From press releases to trade show schedules, News and Events offers the latest on what’s happening at Open Solutions. Check back often as news content and the event schedule are updated regularly.

Open Solutions’ ABA-endorsed Imaged-based Item Processing Technology Selected by Metropolitan Bank

California bank implements check imaging after FED announces San Francisco processing site to close

GLASTONBURY, Conn., Nov. 18, 2008 – Oakland, Calif.-based Metropolitan Bank announced it has selected Open Solutions Inc.’s® imaged-based item processing solutions for its Check 21 initiative. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.
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Open Solutions Names Accomplished Senior-Level Executive Stephen J. Cameron to New Role of Company President

Innovative Financial Services Provider Appoints Technical and Operational Expert to Executive Leadership Team

GLASTONBURY, Conn., Nov. 13, 2008 – Open Solutions Inc.®, a leading provider of integrated enabling technologies for financial services providers throughout the United States, Canada and other international markets, announced the addition of Stephen J. Cameron to its executive leadership team, as president.
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Hogan Financial Systems to Provide Disaster Recovery Services to Open Solutions’ Item Processing Clients

Glastonbury, Conn. and Flower Mound, Texas – Nov. 6, 2008 – Hogan Financial Systems Inc., a provider of item processing disaster recovery solutions to financial institutions, and Open Solutions Inc.®, a leading provider of integrated enabling technologies for financial services providers throughout the United States, Canada and other international markets, announced a referral partnership agreement under which Open Solutions’ in-house item processing clients will have direct access to Hogan’s disaster recovery services.
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Bank of China USA Selects Open Solutions’ Imaged-Based Item Processing

$7 billion U.S. division to improve processing operations for NYC and LA branches

GLASTONBURY, Conn., Oct. 14, 2008 – Bank of China USA (BoC USA) announced it has selected Open Solutions Inc. ® for its outsourced imaged-based item processing needs. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.

Established in 1912, Bank of China is the oldest bank in China. Additionally, the bank is one of the big-four, state-owned banks , a public company listed on the Hong Kong and Shanghai exchanges and has more than 11,000 branches in China, as well as 26 in overseas countries, with total assets of USD855 billion. In terms of tier one capital, Bank of China was ranked ninth among the world’s top 1,000 banks by The Banker magazine in 2007.
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Clinton Savings Bank Selects Open Solutions’ABA-endorsed Imaged-based Item Processing

156-year-old community bank to streamline processing operations

GLASTONBURY, Conn., July 30, 2008 – Clinton, Mass.-based Clinton Savings Bank announced it has selected Open Solutions Inc.’s® imaged-based item processing solution, ISCheck, to streamline its check processing operations. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.
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Open Solutions’ Imaging Clients Gain Access to Superior Press’ Check Scanner Fulfillment Solutions

Clients take advantage of state-of-the-art image capture hardware

Glastonbury, Conn., July 10, 2008 – Open Solutions Inc.® and Superior Press have announced a strategic marketing alliance under which both organizations will work together to provide Open Solutions’ Imaged Payment Technologies Group (IPTG) clients with a state-of-the-art hardware deployment solution for distributed check capture. Superior Press, a fulfillment services provider in Santa Fe Springs, Calif., has made its inventory management and online order entry systems available to IPTG clients who are in need of a solution to deploy the right scanner, to the right person, at the right time. The deployment solution allows IPTG clients to purchase scanners from Open Solutions and warehouse these same units at Superior Press for future deployment.
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National Bank of Kuwait Selects Open Solutions’ Imaged-Based Item Processing for its New York Branch

$800 million U.S. branch to improve processing operations

GLASTONBURY, Conn., May 19, 2008 – National Bank of Kuwait SAK, New York branch (NBK NY) announced it has selected Open Solutions Inc.’s ® image-based item processing solution to achieve a streamlined, Check 21 strategy. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.
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