NetBank, Inc. Selects iDatix Corporation
for Enterprise-wide Information Management System
Partnership with iDatix will help reduce costs
and increase productivity
TAMPA, Fla. - June 25, 2003 -- iDatix, Inc. announced today that NetBank, Inc. (Nasdaq: NTBK), parent company of the country’s first commercially successful Internet bank, NetBank® (www.netbank.com), is implementing its iSynergy automation solution to help capture, organize and disseminate information across all business units.
iDatix gives NetBank the ability to automate and increase loan information collection and processing efficiency. iSynergy is a highly adaptable platform that provides a powerful tool for data extraction from any number of sources including forms, faxes, emails, other software applications and solutions, rich media and more.
The system has been deployed within NetBank’s wholesale mortgage lending unit, RBMG, Inc., and its retail mortgage lending operation, Market Street Mortgage Corporation. NetBank plans to introduce the system in its remaining business units to realize greater process efficiencies and performance across their enterprise.
"The partnership with iDatix fits with our strategy of using technology to do business better, faster and more cost effectively," said Bill Williams, chief operations executive for NetBank, Inc. "It gives us the ability to automate the capture of information and make it instantly available to appropriate NetBank associates, which further streamlines our processing capabilities. We want to ensure our employees have the information they need – when they need it – so they can work even more efficiently and deliver a superior customer experience."
"NetBank is re-engineering the delivery of financial services by integrating technology into all levels of the process," said Steve Allen, CEO of iDatix. "They’re sophisticated users of technology with an especially rigorous evaluation criteria. We’re pleased to have been selected as their partner for this mission-critical implementation."
About NetBank, Inc.
NetBank, Inc. (Nasdaq: NTBK) operates with a revolutionary business model through a diverse group of complementary financial services businesses that leverage technology for more efficient and cost effective delivery of services. Its major subsidiaries include NetBank® (www.netbank.com), the country’s first commercially successful Internet bank; RBMG, Inc., a wholesale mortgage lender that generates residential mortgages through a nationwide network of independent brokers and correspondent lenders; Market Street Mortgage Corporation, a retail residential mortgage lender that conducts business in 39 states; Meritage Mortgage Corporation, a wholesale mortgage lender that originates non-conforming residential mortgages through a nationwide network of independent brokers; and Republic Leasing Company, Inc., a wholesale originator and servicer of commercial business equipment leases. NetBank is a Member FDIC. NetBank, RBMG®, Market Street Mortgage® and Meritage® are Equal Housing Lenders.
About iDatix
iDatix Inc, headquartered in Clearwater, Florida focuses on providing companies real-time enterprise information solutions that allow them to reduce operational costs and increase overall corporate productivity. The iDatix solution, iSynergy, organizes and consolidates information and integrates it across an entire enterprise. On demand, information from a myriad of systems is available in a secure and highly accessible browser-based environment. It is the goal of iDatix to provide technology solutions that maximize productivity, reduce costs and deliver true business value.
Press Contact
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