iState Systems, the leading creator of smartphone applications for financial services businesses, has just signed a partnership deal with Axcess Canada Inc., to sell and distribute its revolutionary financial services oriented smartphone applications.
iState Systems’ product Apprivo enables customers to access up-to-date accounts and product information on their mortgage, loan, lease or savings accounts; to send outstanding information and documents, or transfer money from one account to another or to a prepaid card – all from their phone. The platform provides an intuitive solution for consumers which speeds up the time it takes to issue a loan or savings account and saves money for the lender or product provider by cutting down on administrative costs.
Axcess Canada Inc., provides financial institutions with a complete suite of solutions to optimise their customer relationships and improve revenue efficiencies, and the Apprivo applications will add to the solutions that they can offer to their customers, which include financial services companies across North America and Australasia.
Barry Yager, joint founder and director of iState Systems says, “iState Systems has been growing rapidly since its launch a year ago. Apprivo is a unique smartphone application which has attracted interest from banks, building societies, credit unions, payday lenders and other financial services providers across Britain and now across the globe.
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“Axcess Canada is a well known and well respected organisation in Canada and this partnership is very good news for both companies and bodes well for the future growth of iState Systems.”
Tim Magill, president and managing director of global business development at Axcess Canada Inc. says “We focus on creating seamless dynamic service oriented architecture solutions for financial services institutions to respond to clients needs in real time while also minimising costs. iState Systems’ Apprivo solution complements this proposition,enhancing our ability to offer solutions for the entire life cycle of a product, linking secure mobile payment solutions, while providing cross-platform connectivity, melding together customer, intermediary, call-centre, branch and web with seamless, synchronized access via SmartPhone or Tablet.”
For further information please contact Debbie Staveley, director, bClear Communication on:
0771 896 8434 (m), 01275 542511 (t) or by email at: [email protected]
About iState Systems
iStateSystems was started by Barry Yager and Nelson Wootton, Barry who has already successfully grown two companies prior to starting iState. iState Systems first product is Apprivo. Launched in April 2012, Apprivo is a unique smartphone application for financial services businesses.
• Apprivo enables customers to access up-to-date accounts and product information; send outstanding information and documents to enable a transaction to take place, or transfer money from one account to another – all from their phone.
• Apprivo will increase the effectiveness of the lender’s interaction with both consumers and intermediaries, leading to improved retention rates and revenue opportunities.
• Apprivo enables the client to participate in the process itself, it helps clients to take control and reduces the time needed for processing staff.
• Apprivo helps with cross selling as the lender or building society is in continuous electronic contact with the client; it can therefore help to inspire the client with new products by providing the right product information to the right client at the right time
About Barry Yager
Barry has already successfully grown two IT solutions focused companies which were later acquired by multi-national firms.
The most recent was SDS Applications, one of the first suppliers to introduce the use of the Internet in mortgage and lending systems. These ideas are now commonplace but SDS was among the pioneers in this area. The growth and innovation of the company led to its sale to BancTec (www.banctec.co.uk) in 2005, where Barry is still retained by BancTec as a consultant
The first company Barry grew and sold was Chess Valley Computers Ltd. Barry developed CVC from a small software house into a position of market strength, resulting in the successful sale to Lynx Financial Systems in 1994. CVC was one of the early adopters and developers of workflow tools and pioneered its practical use in mortgage processing. After the sale Barry continued to work at Lynx and was instrumental in the rapid growth of Lynx’ customer base, winning new, multi-million pound orders and helping the business expand into new areas.
About Nelson Wootton
Nelson Wootton is an entrepreneur with a background in business technology. He started his first company aged 18 and which was sold as a going concern three years later. Since then he has founded companies in the music industry as well as the retail and technology sectors that have later been acquired.
In addition to iState Systems Nelson currently manages two companies: Bike Devil, an online business offering insurance and breakdown services to motorcyclists; and Lyfthelm, a company he founded to build mobile e-business applications for bluechip customers. He is also Director of Mobility Solutions for Axcess Canada
About Axcess Canada
Axcess Canada (www.axcesscanada.com) was launched in September 2007 initially as the Canadian distributor of ARMnet Integrated Banking & Financial Product Management Software Solutions. Since that launch Axcess Canada has expanded to support clients in the UK, Europe, New Zealand, and Australia as well as across North America.
Axcess Canada provides complete software support for global customers in many financial services sectors using ARMnet and our ancillary mobile and touch screen kiosk based support tools. We offer full business analytics to assist in product creation and/or product optimisation particularly to help companies affected by market or regulatory changes.
Together with our partners we provide complete end to end product lifecycle management for prime and subprime loans, leases, residential and commercial mortgages as well as deposit products.