NEW YORK--(BUSINESS WIRE)--Viewpointe®, a leading provider of cloud-based information governance and payments exchange services, today announced that U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), selected the company’s hosted information governance platform, OnPointe®, to manage the institution’s regulated communications and business content.
U.S Bank’s initial goal is to improve the way it manages, classifies and governs the ever-growing content in its email systems. With OnPointe for Messaging, the bank will benefit from comprehensive and advanced capabilities within the OnPointe platform, providing such features as global search, retention management and text analytics. Through Viewpointe’s information governance platform, the bank will be able to more efficiently collect, analyze, classify, retain, preserve and dispose of its content. Moreover, by shifting information management and governance functionality to Viewpointe’s private cloud, U.S. Bank will be able to meet its information management goals.
“Over the past decade, Viewpointe has helped us provide world-class information management capabilities to both our customers and employees,” said Robert Erickson, executive vice president, head of Infrastructure Services, U.S. Bank. “Our confidence in Viewpointe’s best-in-class performance made implementing the OnPointe platform a straight-forward decision.”
Expanding Viewpointe’s trusted archive and service, OnPointe integrates leading technology and infrastructure to provide an information governance platform capable of managing all types of enterprise content via the cloud. Built as a modular service, OnPointe provides a comprehensive platform to address the information governance challenges typically faced with messaging, file shares, print stream, image, enterprise applications and eDiscovery. In the case of U.S. Bank, OnPointe will additionally leverage key components of ZL Technologies Unified Archive, providing a seamless solution to help the bank:
- Enforce consistent application of retention policies and maintain control of critical data
- Adhere to legal, regulatory and business mandates
- Manage costs on a consumption basis, converting capital expenditures into expense
- Improve eDiscovery processes
“We believe OnPointe is the best choice to help us accomplish our immediate and long-term goals. We are evaluating additional OnPointe services for other areas such as our network file shares and high volume print streams to further enhance and automate information governance across the bank,” added Mark Brown, senior vice president, Distribution Technical Services, U.S. Bank.
“We are thrilled that U.S. Bank chose OnPointe to help the bank manage, archive and govern its email content,” said Rich Walsh, Viewpointe’s President of OnPointe Services. “We believe that OnPointe will provide the enablement and enforcement platform required to not only help the bank maintain control over its data to meet the stringent demands of the financial services industry - but will also help streamline internal processes and reduce costs – critical in today’s economy.”
With one of the largest national archives of digital information in the cloud, Viewpointe’s information governance platform, OnPointe, enables organizations to manage their enterprise content, records and digital storage via Viewpointe’s private cloud in a secure, scalable and cost-effective way.
ABOUT U.S. BANK
U.S. Bancorp (NYSE: USB), with $341 billion in assets as of March 31, 2012, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,080 banking offices in 25 states and 5,061 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.
Viewpointe® is a leading provider of multibank infrastructure solutions for customers ranging from credit unions to Fortune 100 financial institutions. With one of the largest national archives of check images and digital information in a private cloud environment, Viewpointe offers archive capabilities, end-to-end check image exchange clearing and settlement and Automated Clearing House association services. Bank Technology News named Viewpointe one of the top innovators of 2008, an annual ranking of the 25 most advanced people, companies and technologies in financial services. Since 2006, Viewpointe has been named to the prestigious FinTech 100, representing the best of the best in financial technology and service providers. For more information, please visit http://viewpointe.com/.