Corillian Recognized as 'Clear Leader' in Online Banking

Corillian Recognized as 'Clear Leader' in Online Banking

    Business Editors/Technology Writers

    PORTLAND, Ore.--(BUSINESS WIRE)--May 3, 2005--

    Celent Communications ranks Corillian ahead of all other vendors across all four categories within Celent's ABCD Vendor View analysis.

    Corillian Corp. (Nasdaq:CORI), the top provider of online banking, bill payment and anti-fraud solutions to leading financial institutions, today announced it has been recognized as the 'clear leader' in retail Internet Banking by Celent Communications, a leading industry research firm.
    In a recent report entitled, "Retail Internet Banking Vendors: Hitting Their Stride," nine vendors' offerings were reviewed across four distinct categories: Advanced technology, Breadth of functionality, Customer base and Depth of services. Corillian was ranked in the leadership position across all four categories within Celent's ABCD Vendor View analysis.
    Celent Communications highlighted Corillian's strengths in industry-leading functionality, flexibility, usability and security.
    "Corillian continues to prove that its best-of-breed business model is a sustainable one," said Alenka Grealish, banking manager at Celent Communications and co-author of the report. "Corillian's acumen for expanding its scope lies in its roots: providing Internet banking to top-tier banks whose stringent requirements range from flexibility, cutting-edge features and functionality, to top flight security. In its quest for superior usability, Corillian engaged several third parties, which provided industry benchmarks. Corillian used this data to incorporate over a hundred usability best practices into Corillian Consumer Banking."
    Corillian Consumer Banking enables financial institutions to rapidly deploy an industry-leading online banking service to their customers, while maintaining the ability to tailor the solution through flexible configuration. This enables the financial institution to maximize its online banking effectiveness and further differentiate the financial institution to meet the growing needs of its unique customer base.
    "We are excited to see this industry recognition of our Corillian Consumer Banking application," said Alex Hart, president and CEO of Corillian. "With Corillian Consumer Banking, financial institutions have a leading online banking and bill payment solution that has proven to drive increases in online adoption and greater operational efficiencies. Our efforts to stay ahead of the curve and continually improve and enhance our online banking solutions continue to set Corillian apart as the leader in the strategic online channel. "

    Key Corillian Consumer Banking features and options include:

--	Real-time Access and Transaction Register: Provides real-time access to all balances, transaction history and money movement, with an audit trail - coupled with the ability for customers to categorize, annotate and complete advanced account reporting online.
--	Bill Payment, Bill Presentment and Funds Transfer: Provides customers with an easy way to pay all of their bills and move money between their accounts online. Scheduling capabilities allow users to execute money movement requests immediately, in the future or following a recurring schedule.
--	Multi-lingual User Experience: Allows the financial institution to provide support for multiple languages, allowing users to interact with the institution in their preferred language.
--	Alerts: Provides proactive notification of payment, transaction and payment conditions via multiple devices and delivery channels.
--	Targeted Marketing: Enables real-time analysis of user profile, segmentation and demographic data, rule decisioning and display of targeted messages/images, enriching the user's experience, while focusing the institutions marketing efforts.
--	Self-Service: Provides for low cost service fulfillment enabling support for electronic check and statement images as well as enabling customers to service their accounts online. Example self-service capabilities include address changes, check reorders, stop payments and password resets.
--	Integrated Relationship Management: Provides a full compliment of functions enabling service representative to manage the customer and the online channel. Capabilities include rich secure messaging and workflow-based case routing and user emulation - allowing service representatives to emulate a user's online session in real-time to more effectively resolve issues.

    For more details on the report, please visit Celent's Web site at http://www.celent.com.

    About Corillian Corporation

    Corillian is the top provider of online banking, bill payment and anti-fraud solutions to leading financial institutions. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating hundreds of best practices observed from some of the most innovative financial institutions in the world, as well as best practices in usability and functionality established by industry experts. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com.

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CONTACT: Corillian Corp. Steve Shaw, 503-629-3770 e-mail: sshaw@corillian.com or Text 100 Christopher Barker, 206-381-3791 e-mail: corillian@text100.com

KEYWORD: OREGON INDUSTRY KEYWORD: HARDWARE BANKING SOFTWARE INTERNET E-COMMERCE PRODUCT SOURCE: Corillian Corp.

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