Liberty Cavion Intro's 'Next Generation' Portal

Liberty Cavion has partnered with Vertical Innovation to offer what the companies are calling a "next generation financial portal." "VI's financial portal and aggregation solutions are the most comprehensive and cost-effective offerings in today's credit union marketplace," said Mike Provenzano, Liberty's EVP of Internet Applications.

Calling the service an "integral part of a member relationship management (MRM) program, a financial portal helps the CU establish two-way communications with its members through the use of real-time, self-administered marketing tools," Liberty Cavion stated.

The financial portal is offered with an optional account aggregation module. Vertical Innovation has partnered with uMonitor, which created Third Generation Personalization technology (3G/P. "With 3G/P and a single click, a member can access every password-protected personal account and every data stream available on the Web via a PC or wireless device," said VI.

Separately, Liberty Cavion and Reed Data have signed an agreement to enable CU members to securely and conveniently access their statements and other documents from the Internet anytime, anywhere. The two organizations have signed an agreement to integrate Reed Data's suite of optical imaging and archiving systems with Liberty Cavion's Internet banking services. According to Liberty Cavion's Michael Provenzano, anything that a credit union mails to members could be delivered over the Internet, including share draft images, signed loan documents and receipts. Electronic delivery is also more economical and more secure than printing and mailing paper statements. For info: www.libertysite.com.

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