TSYS has announced the launch of n>gen, a solution designed to allow its clients to efficiently manage their payments-related business needs with point-and-click ease. The company claims that the solution adds a new level of business intelligence made available through analytical-based services, giving institutions a total view of their portfolios to make actionable decisions on growth opportunities and overall risk. More than two years in the making, TSYS formed a think tank comprising technology and business team leaders to develop n>gen. The first stage of this multi-phased initiative is expected to be available in Q4 2008, and focuses on making the client experience easier, faster and more efficient. n>gen is a multi-stage initiative that will begin with a customised web portal, serving as a central point of entry for TSYS clients to access their information from any TSYS platform as well as the client’s proprietary platforms. Clients can make requests for development, create statement messaging and view reports online.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
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