Mobius and Alogent Form Strategic Check 21 Partnership

May 25, 2004

Mobius Management Systems, Inc., a provider of software for total content management (TCM), and Alogent Corp., a provider of payment transaction processing solutions for financial institutions, remittance, and payment processors, have announced a partnership to provide integration and interoperability of Alogent's Sierra Xchange Unified Payments Gateway product with Mobius's ViewDirect TCM repository.  

To prepare for check truncation and image exchange enabled by The Check 21 Act, financial institutions must be capable not only of converting checks to images but also of managing the resulting images and data across the enterprise. Check 21 facilitates the capture, validation, and processing of check images at an array of points of presentment including branches, ATMs, merchant locations, and distribution to multiple endpoints including internal and external archives, other banks, image replacement document (IRD) creation, and image exchange networks.

Alogent's Sierra Xchange is the payments gateway and integration technology to Mobius's total content management solution and image archive. Sierra Xchange collects, examines, corrects, balances, and distributes paper, data, and image transactions from all points of origination, in an effort to ensure transaction integrity, reduce cost, improve quality, and maximize efficiency and profit. It is a virtual check processing engine.

Mobius's scalable ViewDirect TCM repository serves as the foundation for enabling software that meets content-intensive ebusiness and application requirements. Capabilities include content integration; Web site, document, and digital asset management, workflow and imaging, epresentment and payment, enterprise report distribution, check image archiving, and more. In the context of Check 21, the ViewDirect TCM repository is used for storage and retrieval of check images and data. These images can be used to print IRDs and other forms of inter-bank exchange. The ViewDirect TCM archive also provides multi-index access to checks and other business documents for customer service, customer self-service, duplicate detection, fraud prevention, and trend analysis.

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