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DOCC Docucorp Intl (MM)

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Share Name Share Symbol Market Type
Docucorp Intl (MM) NASDAQ:DOCC NASDAQ Common Stock
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New Research from Celent Recognizes Docucorp as a Market Leader among Providers of Document Management in Banking

28/11/2006 11:30am

Business Wire


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Docucorp International® (Nasdaq:DOCC), a leading provider of Customer Communication Management (CCM) solutions, announced today that it was listed as a leader among elite document management vendors for the financial services industry by independent research firm Celent. The report, “Document Management in Banking: Overview and Solution Spectrum,” published this month and authored by Madhavi Mantha, evaluated the top 30 document management product suites and ultimately recognized Docucorp as a leading solution provider in the market. Celent’s market leaders are determined based on a vendor’s strength in the banking market and were chosen as a result of the following criteria: self-reported banking client base, consideration as a top competitor by other vendors and Celent analyst opinion based on conversations with vendors and selected banking customers. According to the report, Docucorp offers a broad range of document management solutions addressing the functional areas of intake, workflow and archive, but with a particular focus on document composition and output. Docucorp’s solution is utilized by more than 40 banking clients in North America and another 20 in Europe to aggregate customer information from multiple sources, create personalized documents for customers and distribute these documents in a range of print and electronic formats. Published case studies include an electronic application forms solution for Royal Bank Financial Group and wealth management customer correspondence solutions for both HSBC and National Australia Bank. Madhavi Mantha, senior analyst, Celent, said, “Docucorp's strength lies with its personalization and automation features which allow clients to effectively communicate with customers." Bruce Dale, senior vice president, products, Docucorp International, said, “Our financial services customers and prospects want to streamline core processes, improve customer touchpoints and fulfill compliance mandates; for this, document management solutions are critical.” He added, “Celent’s report serves as an independent validation of our commitment to delivering industry-leading technology to the financial services market.” About Celent Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology, and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent’s research services cover the following six sectors of financial services: Retail Banking, Wholesale Banking, Retail Securities and Investments, Institutional Securities and Investments, Life/Health Insurance, and Property/Casualty Insurance. About Docucorp Docucorp markets Customer Communication Management (CCM) solutions via a portfolio of information software, business process outsourcing and professional services, which enables companies to create, publish, manage and archive complex, high-volume, personalized information in-house or fully outsource to Docucorp. The company has an installed base of more than 1,300 customers, including some of the world’s largest insurance, utility, financial services and health care organizations. Headquartered in Dallas, Docucorp has facilities in Atlanta, Silver Spring, Md., Bedford, N.H., and London, as well as an international presence in the Benelux, Switzerland, Central and Eastern Europe, Middle East, Africa and Asia Pacific regions. Certain information contained in this news release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, included herein are forward-looking statements. These statements involve risks and uncertainties, such as competition, technological developments, loss of significant customers and the other factors discussed in the Company’s periodic reports filed with the Securities and Exchange Commission, that could cause the Company’s actual results to differ materially from those expressed or implied by these forward-looking statements. Docucorp is a registered trademark of Docucorp International. © 2006 Docucorp International. All Rights Reserved. Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. Docucorp and its symbol are trademarks of Docucorp International. Docucorp International(R) (Nasdaq:DOCC), a leading provider of Customer Communication Management (CCM) solutions, announced today that it was listed as a leader among elite document management vendors for the financial services industry by independent research firm Celent. The report, "Document Management in Banking: Overview and Solution Spectrum," published this month and authored by Madhavi Mantha, evaluated the top 30 document management product suites and ultimately recognized Docucorp as a leading solution provider in the market. Celent's market leaders are determined based on a vendor's strength in the banking market and were chosen as a result of the following criteria: self-reported banking client base, consideration as a top competitor by other vendors and Celent analyst opinion based on conversations with vendors and selected banking customers. According to the report, Docucorp offers a broad range of document management solutions addressing the functional areas of intake, workflow and archive, but with a particular focus on document composition and output. Docucorp's solution is utilized by more than 40 banking clients in North America and another 20 in Europe to aggregate customer information from multiple sources, create personalized documents for customers and distribute these documents in a range of print and electronic formats. Published case studies include an electronic application forms solution for Royal Bank Financial Group and wealth management customer correspondence solutions for both HSBC and National Australia Bank. Madhavi Mantha, senior analyst, Celent, said, "Docucorp's strength lies with its personalization and automation features which allow clients to effectively communicate with customers." Bruce Dale, senior vice president, products, Docucorp International, said, "Our financial services customers and prospects want to streamline core processes, improve customer touchpoints and fulfill compliance mandates; for this, document management solutions are critical." He added, "Celent's report serves as an independent validation of our commitment to delivering industry-leading technology to the financial services market." About Celent Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology, and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent's research services cover the following six sectors of financial services: Retail Banking, Wholesale Banking, Retail Securities and Investments, Institutional Securities and Investments, Life/Health Insurance, and Property/Casualty Insurance. About Docucorp Docucorp markets Customer Communication Management (CCM) solutions via a portfolio of information software, business process outsourcing and professional services, which enables companies to create, publish, manage and archive complex, high-volume, personalized information in-house or fully outsource to Docucorp. The company has an installed base of more than 1,300 customers, including some of the world's largest insurance, utility, financial services and health care organizations. Headquartered in Dallas, Docucorp has facilities in Atlanta, Silver Spring, Md., Bedford, N.H., and London, as well as an international presence in the Benelux, Switzerland, Central and Eastern Europe, Middle East, Africa and Asia Pacific regions. Certain information contained in this news release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, included herein are forward-looking statements. These statements involve risks and uncertainties, such as competition, technological developments, loss of significant customers and the other factors discussed in the Company's periodic reports filed with the Securities and Exchange Commission, that could cause the Company's actual results to differ materially from those expressed or implied by these forward-looking statements. Docucorp is a registered trademark of Docucorp International. (C) 2006 Docucorp International. All Rights Reserved. Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. Docucorp and its symbol are trademarks of Docucorp International.

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