|
|
| May 1, 2003 |
Sunday, September 07 2008 |
Momentum Systems and Lighthouse Systems Offer An Automated End-to-End Alternative to Federal Reserve Fedline and Bulkdata
Moorestown, NJ., May 1, 2003
Momentum Systems announces the availability of a FLASH/Bulkdata option for its Windows 2000 based Intelligent Network Gateway. Through an agreement with Lighthouse Systems Inc., customers of Momentum Systems will be able to purchase Lighthouse Systems’ Bulkdata Gateway and easily integrate with the Intelligent Network Gateway and its workflow manager. This offers financial institutions a high performance and fully automated ACH alternative to the Federal Reserve's Fedline and Bulkdata offerings. “The automated file exchange between the Intelligent Network Gateway and the Bulkdata Gateway offers a completely automated FLASH/Bulkdata solution linking the backend ACH processing environment with the frontend delivery capability,” said Joe Regina, Vice President of Operations for Momentum Systems.
About Momentum Systems Ltd
Momentum Systems, headquartered in Moorestown, New Jersey, provides high-performance business-to-business software that simplifies e-commerce file communications. Momentum Systems’ Intelligent Network Gateway automatically exchanges files between an organization and its corporate clients with support for a variety of communications protocols. Commercial Banks and Financial Service providers use Momentum Systems’ products to facilitate the Cash Management information exchanges that are common and critical to these organizations. Manufacturers and Healthcare providers net cost savings by implementing Momentum Systems’ products as an alternative to Value Added Networks.
Momentum Systems is a Microsoft Certified Partner and a member of the IBM Solution Developer Program. Established in 1989, Momentum Systems has regional offices in Denver, Columbus (Ohio), Las Vegas and New York. For additional information, visit the Momentum Systems’ web site at www.momsys.com.
About Lighthouse Systems
Founded in 1984, Lighthouse provides high performance, scalable, reliable business critical applications and consulting services to the banking and financial services sector. Most charter employees were the principal designers and developers of the Moneynet funds transfer system, both domestic and international capabilities. Lighthouse focuses on the development of mission critical applications for the banking sector on a variety of hardware platforms utilizing state of the art software development tools and techniques.
Lighthouse’s current product offerings have evolved from a considerable experience with payments and securities applications. Lighthouse offers a suite of products for connectivity with the Federal Reserve System, including Fedwire funds transfers, Securities (NBES) transactions, BulkData for ACH payments and an OFAC compliance product, the SDN Scanner. Development and marketing activities are conducted in close partnership with leading industry vendors including Compaq/HP, IBM, Microsoft, Sun Microsystems and Thomson Financial Publishing. Fedwire connectivity products are featured on the Fed’s website
www.frbservices.org.
|
|
|