Online Banking Solutions (OBS): A Partner for Success

Founded in 2002 by a management team that pioneered Web cash management and business banking technology, after launching two other successful financial technology companies, Online Banking Solutions (OBS) provides third generation multi-channeled reporting, transaction and file delivery services to commercial banks, community banks and credit unions.

OBS services are designed to minimize user effort and maximize efficiency by letting the client select data formats and delivery channels.

Private, profitable and based on the philosophy of overservicing clients, OBS offers fi nancial institutions the benefits of a large-scale technology provider, and the tenacity of an entrepreneurial, service-driven organization.

A Partner without Peer

Partnership is at the heart of our commitment to our clients’ success with businesses of all sizes.

We believe that an institution’s size should not determine its ability to deliver the best solutions for its customers. That is why our customers range across the spectrum of credit unions, commercial and community banks. What’s common among them all is customer response.

Our mission is to provide ebanking for all business through a highly adaptive and scalable delivery platform capable of exchanging data with the institutions’ business customer regardless of the preferred channel or required format or ERP/accounting system. OBS built a flexible platform with the latest technologies to allow institutions to innovate with cost efficiency and speed to market.

Our History: Innovation with Longevity

OBS’ founders are pioneers in business ebanking by enabling business change for financial institutions and their business customers. For over twenty-five years, they have combined business strategy with technology advances to create durable and adaptive systems for financial institutions and their customers with market staying power.

• Twenty-five years ago, during an economic crisis, the company’s founders created the first server-based online cash management system, which is still in use today;
• Fifteen years ago, at the emergence of the commercial Web, the founders created the first Web-based cash management system, also still in use today; and
• Two years ago, OBS innovated once more with Messenger Financial Center, the first multi-channeled cash management and business banking platform.

The New Direction of Business eBanking

Once again, economic change has compressed business cycles. Up-to-the-minute financial information has become a more valuable asset to better manage business liquidity (cash flow) during scarce credit availability and economic uncertainty.

Businesses are seeking more cost efficient and effective ebanking solutions. According to the Treasury & Risk 2010 Strategic Survey of companies, “liquidity” (49.7%) and improved “data integration” (30.8%) are the top two top areas companies indicated will help them gain the greatest efficiencies (www.treasuryandrisk.com).

These drivers, combined with the security risks of the Web, are altering the way financial information is used by businesses and reshaping business ebanking requirements.

• Businesses of all sizes demand more integrated ways to initiate payments and process information, on demand or upon availability, through any channel or device in the format of their choice.
• Financial institutions of all sizes are seeking more flexible, responsive, cost efficient multi-channeled and personalized ebanking solutions.

Platform: Agility and Cost Efficiency

OBS solutions include the Online Messenger platform, Messenger Financial Center and Messenger Mobile Banking.

The Online Messenger platform was designed to quickly adapt to specific financial institution and business needs.

Online Messenger is based on a new model for processing ebanking for all businesses that is inherently: multi-channeled, secure, cost-efficient, easy to maintain, durable, highly-scalable, adaptive to changing market segment and customer processing needs; especially with respect to straight-through processing, mobility and integration.

The systems are engineered with a durable LINUX™ operating system, service-oriented and multi-channeled architecture, and private cloud technologies to assure peak scaling, easy integration and ebanking applications with in-line customization capabilities.

Measurable Customer Success:

• Fast implementation and time-to-market delivery
• A high return on investment (ROI)
• Increased annual revenues
• Decreased processing and customer service costs
• Increased customer usage
• Higher client penetration through multi-channeled delivery
• Elimination of legacy systems for data delivery and integration

Quality, Visibility and Reliability

OBS is committed to the highest level of quality and performance in our solutions, from personalized customer service to application and system performance. Our philosophy to overservice is well-received by our clients.

Moreover, every processing component is visible to the FI administrators and automated system notifications keep both the FI and the client informed. System availability and response time consistently exceed expectations, supporting value perception and client service fees.

For more information, contact Joe Spatarella, Chief Marketing Officer
© Online Banking Solutions