SANTA ANA, CA -- (Marketwired) -- 06/20/13 -- Compushare, the nation's leading Technology Management Provider for the financial industry and pioneer of C3 -- the only fully hosted cloud computing solution designed specifically for financial institutions -- announced today a strategic alliance with the Independent Community Bankers of America® (ICBA) to launch ICBA Strategic Technology Solutions. ICBA Strategic Technology Solutions brings IT outsourcing to the next level by leveraging C3 in addition to Compushare's enterprise-class suite of systems management and security services to community banks across the country.
"ICBA is pleased to offer this valuable strategic alliance to our members so that they can easily move to the cloud and thereby ensure resiliency and compliance in a cost effective manner," said Cindy Blankenship, Chairman of ICBA Services Network and Vice Chairman/Chief Operating Officer of Bank of the West, Grapevine, Texas. "Compushare's Cloud Computing (C3) platform enables banks to access data and legacy financial applications securely online for round-the-clock availability on any device, while also achieving significant operational efficiencies such as ease of adding or modifying user access, performing software upgrades, and managing granular access controls around access to critical data."
"The decision to expand ICBA's Preferred Service Provider (PSP) relationship with Compushare was easy because of the overwhelming feedback from our members. Our members are looking to adopt solutions that will allow them to keep pace with changing standards while maintaining the data security and reliability required by financial institutions," said Dan Clancy, Executive Vice President and Director of Strategic Alliances for the ICBA Services Network. "Since the beginning of our PSP alliance, which exceeded our initial expectations, we have seen the significant adoption of cloud computing by community banks. We look forward to demonstrating the value of cloud computing to all of our members."
Compushare's cloud computing platform allows community banks the ability to move all of their local applications to a secure, scalable, and high redundancy environment. Compushare C3 offers a library of hundreds of banking and business applications allowing banks to easily adopt state-of-the-art technology with all the necessary security, business continuity and compliance guaranteed to meet all of the bank's business needs. The C3 platform eliminates the costs, resources, maintenance, integration, back up and future upgrades required in supporting an on-premise hardware infrastructure, enabling community banks to realize considerable time and cost savings. In addition, banking applications and data can be accessed securely through any internet connection, giving the bank complete flexibility to better serve their clients.
"The economic and regulatory environment demonstrates how important it is for banks to focus on their business without having to worry about investing in and maintaining technology assets," said Romir Bosu, CEO of Compushare. "Our IT outsourcing solutions allow ICBA member banks to do just that. Compushare is the first in the financial industry offering this category-defining solution so community banks can realize all of the benefits the cloud can deliver. We have both benefited from the selection as an ICBA Preferred Service Provider and we're excited to expand our ICBA relationship and take it to the next level with ICBA Strategic Technology Solutions," said Bosu.
For more information about ICBA Strategic Technology Solutions IT Outsourcing, visit the newly launched website at http://www.icbasts.com.
Compushare is the leading provider of high quality, innovative technology and compliance solutions for the financial market. Whether it's providing a totally outsourced cloud computing solution or assisting with the management of your technology or IT strategic plan, Compushare takes a consultative approach to its solutions. With more than 17 years of technology experience supporting over 380 financial clients nationwide, Compushare is a SSAE 16 SOC II Type II certified, FFIEC examined and preferred partner with many major providers. From our leadership team to the members of our service delivery team, our array of knowledge, certifications and practical expertise is unrivaled in the Financial Services Industry.
For more information on Compushare, Inc., please visit www.compushare.com
The Independent Community Bankers of America®, the nation's voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services.
For more information on ICBA, please visit www.icba.org
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