Largest French Direct Bank Selects Cincom’s Financial Services Solution

From: Cincom Systems, Inc.
Published: Wed Aug 10 2005

SCHWALBACH/Ts., Germany - August 10, 2005 – Cincom Systems today announced that Banque Covefi, the largest French direct bank, has chosen its Financial Services solution. The Cincom solution uses automated document creation for simpler campaign preparation, targeted personalized communication, and efficient and cost-effective distribution of written communication.

Part of the new generation of universal banks, Banque Covefi will use Cincom’s solution to tailor its one-to-one communication more effectively to its target groups and their needs, made possible in part by the support of various communication channels, including telephone, internet, fax, e-mail, and mail.

"After reviewing numerous potential providers, Cincom's solution offered us the best compromise regarding cost, performance and function," said Michel Lukata, Banque Covefi project leader. "Cincom's research and development team also proved to be very cooperative with regards to our specific requirements."

With Cincom Financial Services solution, transactions are structured more efficiently, and information can be addressed directly to customers and processed substantially faster. Banque Covefi’s advisors were able to increase the speed of their answers to customer requests tremendously, with response times running under one second.

About Cincom Financial Solutions
Cincom's Financial Services Group provides solutions and consultancy directed toward satisfying the business objectives of banks and insurance companies. Its portfolio of customer and information management systems enables financial services companies to focus their customer strategies, do a better job of exploiting previously unused sales opportunities in marketing and sales, and execute more effective cross-selling measures. These abilities lead in turn to increased profitability and efficiency. All solutions can be integrated with existing systems, either on an enterprise-wide or project basis.

About Cincom
For nearly 40 years, Cincom's software and services have helped thousands of clients worldwide simplify the management of complex business processes. Cincom specializes in the five areas of business where simplification brings the greatest value to managers who want to grow revenue, control costs, minimize risk, and achieve rapid ROI better than their competitors.
Cincom serves thousands of clients on six continents including BlueCross BlueShield, BJC Healthcare, Citibank, Mayo Clinic, Northwestern Mutual and Penn State University.
For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM (USA only), send an e-mail to, or visit the company's website at

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Cincom Systems GmbH & Co. oHG HFN Kommunikation GmbH
Yvonne Schickel Helmut Nollert / Thorsten Düchting
Marketing Manager
Am Kronberger Hang 4 Hanauer Landstraße 161-173
D-65824 Schwalbach/Ts. D-60314 Frankfurt am Main
Telephone: +49 (0) 61 96-90 03-0 Telephone: +49 (0) 69-92 31 86-0
Fax: +49 (0) 61 96-90 03-270 Fax: +49 (0) 69-92 31 86-22
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All Rights Reserved

Company: Cincom Systems, Inc.
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