Metavante Expands Image Solutions; Names Hurdis Division President
29 March 2007 - 6:05AM
Business Wire
Metavante Corporation, the banking and payments technology
subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today
announced that it will add its item processing and SendPoint�
distributed capture product lines to the Metavante Image Solutions
division. Distributed capture has been one of the company�s
fastest-growing product lines. SendPoint is Metavante�s outsourced
distributed check-image capture service that allows financial
institutions and their commercial customers to capture, receive,
and aggregate check image deposits from anywhere payment capture
occurs. The company has also today named Brian C. Hurdis president
of Metavante Image Solutions. Based in Oklahoma City, the Metavante
Image Solutions division now counts approximately 1,000 employees
within its operations, which includes facilities in Dallas,
Herndon, Va., Longmont, Colo., Memphis, Tenn., Milwaukee,
Minneapolis and Norman, Okla. Hurdis, a 25-year banking and
financial technology industry professional, is a member of the
Metavante Executive Committee. He joined Metavante in 1999 as vice
president of technology operations and architecture for the
company�s e-finance solutions. Among his recent responsibilities,
Hurdis has been general manager for Metavante�s item processing and
SendPoint product lines. Hurdis succeeds Gary L. Nelson, who has
retired as division president to pursue volunteer leadership with
several Oklahoma City not-for-profit organizations including North
Church, Bearing Fruit Communications, Board of Regents for local
universities, and a consortium board for high-tech entrepreneurs
and start-up companies. In 1992, Nelson and several associates
founded Advanced Financial Solutions (AFS), which along with the
Endpoint Exchange Network was purchased by Metavante in 2004. After
several additional image-technology acquisitions in 2005 and 2006,
Nelson oversaw the successful integration of four companies during
2006 to create the Metavante Image Solutions division, of which he
was president. �Gary has been a leader in the bank technology
industry. We are grateful for the many contributions Gary made to
Metavante and to AFS before it became a Metavante company,� said
Metavante Chief Operating Officer Michael D. Hayford. �By combining
the related solutions and services, Metavante has created an
industry-defining technology platform designed to meet a broader
range of customer needs. We thank Gary for his leadership
throughout his years of service at Metavante and we applaud him for
his ongoing commitment to the Oklahoma City community.� Metavante
Image Solutions provide comprehensive solutions that help banks and
businesses transition from paper to electronic payments and image
processing. Within Image Solutions, the Endpoint Exchange Network
is the country�s first electronic check-clearing network that
capitalizes on existing imaging infrastructure and settlement
relationships, with the interoperability to connect to every
endpoint in the nation. About Metavante Metavante Corporation
delivers banking and payments technologies to over 8,600 financial
services firms and businesses worldwide. Metavante products and
services drive account processing for deposit, loan and trust
systems, image-based and conventional check processing, electronic
funds transfer, consumer healthcare payments, electronic
presentment and payment, and business transformation services.
Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly
owned by Marshall & Ilsley Corporation (NYSE:MI). Metavante is
a registered trademark and SendPoint is trademark of Metavante
Corporation.
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