Somerset Trust Company Replaces Legacy Solutions with Alogent’s Enterprise Capture Software Suites

PRNewswireJanuary 30, 20204 min

Alogent (@AlogentCorp), a global software leader in end-to-end payment processing, content and information management, digital banking and loan origination solutions, announced today that Somerset Trust Company has expanded its footprint to include document and check processing with its enterprise capture software solutions. Somerset Trust, a full-service community bank with assets over $1.2 billion, will replace its legacy systems with Alogent’s FASTdocs suite of content and information management (ECM / EIM), and its ImagePoint suite for item processing.

“Alogent’s capabilities already proven within the bank, combined with the company’s flexibility to deploy the software in a model that supported our strategic plan, were key factors in our decision,” said John Gill, Senior Vice President, Chief Operating and Risk Officer, Somerset Trust Company. “As a community institution, our relationship with our customers is an important differentiator. Alogent’s solutions enable us to offer self-service and web-based capabilities that bolster engagement, while our employees benefit from enhanced automation and reduced manual efforts that allow them to deliver more personalized services.”

Built from industry best practices and specifically for financial institutions, FASTdocs increases workflow automation and fosters a strong digital ecosystem. Through its web-based interface, the bank can exchange any type of electronic, paper or transaction document bidirectionally with account holders, enabling new service and sales opportunities. ImagePoint’s suite of item processing brings a more seamless offering to the branch that reduces keying and errors, and enables fraud detection at the point of presentment.

“Alogent is proud to expand its relationship with Somerset Trust and to support both full- and self-service channels, as well as business and personal lines of business,” said Jason Schwabline, Alogent’s Chief Strategy Officer. “Alogent prides itself on delivering flexible, scalable solutions that can be deployed in both hosted and on-premise models, and working collaboratively with the in-house teams to determine which go-to-market approach is best for them. This partnership is a true representation of our commitment.”

Somerset Trust Company has been an independent, locally owned and managed institution since its establishment in 1889. It operates 39 offices and an extensive ATM network spanning six counties in Pennsylvania and Garrett County, Maryland.

PRNewswire

Leave a Reply

Your email address will not be published.

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved