Emerging Technology

OpenText Content Services and Digital Experience cloud solutions support bank with advanced information management and regulatory compliance innovation

Today, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced it is providing Close Brothers Asset Finance and Leasing, a leading UK asset funder, with strategic content and customer communications management to support their Transformation initiative. The solutions will be delivered and managed in the OpenText Cloud, enabling Close Brothers Asset Finance and Leasing to implement strategic, group-wide document management, and provide its customers with secure, modern interactions.

OpenText logo (PRNewsfoto/Open Text Corporation) (PRNewsfoto/Open Text Corporation)

Close Brothers Asset Finance and Leasing is a division of Close Brothers, which was established in 1878 and provides lending, deposit taking, wealth management services, and securities trading. The banking group is a FTSE250 company, employing over 3,700 people, principally in the UK.

"Within Close Brothers Asset Finance and Leasing, we focus on developing our digital strategy and adopting cloud technology to meet customers' evolving expectations," said Peter Millard , Commercial Director. "The cloud-based OpenText content management platform will span our enterprise and deliver critical capabilities that will help improve experiences for our customers securely and efficiently."

Close Brothers Asset Finance and Leasing will implement OpenText Extended ECM , which enables organizations to share, collaborate, and analyze information for more informed decision-making while mitigating risk through improved governance, compliance, and security. Close Brothers will also leverage OpenText Extended ECM to integrate content services with vital business applications like Salesforce, which bridges silos, expedites information flows, and expands governance for enhanced business processes.

To modernize customer experiences, the financial institution will also use OpenText's Digital Experience (DX) offering, OpenText Exstream , which leverages data and existing content within the organization to deliver omnichannel communications that empowers customer decision-making.

"By removing information silos, Close Brothers Asset Finance and Leasing has the comprehensive view needed to better serve its customers and improve operations," said Ted Harrison, Executive Vice President, Enterprise Sales, OpenText.

These offerings will be delivered as a managed service in the OpenText cloud and will include integrations into Salesforce and other key business applications.

Learn more about OpenText Cloud solutions here .

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

Connect with us:
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

OTEX-G

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/close-brothers-asset-finance-and-leasing-taps-opentext-for-customer-oriented-digital-transformation-301511084.html

SOURCE Open Text Corporation

News Provided by PR Newswire via QuoteMedia

OTEX:CA

OpenText Receives 2022 SAP® Pinnacle Award in the Partner Solution Success Category

Award highlights OpenText's deep commitment to partnership and driving innovation and solutions that enhance the customer experience

OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced that it received a 2022 SAP ® Pinnacle Award in the Partner Solution Success category, recognizing its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 22 categories were chosen based on recommendations from SAP, customer feedback, and performance indicators.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

OpenText Reports Third Quarter Fiscal Year 2022 Financial Results

Strong Results Include Record Cloud and Annual Recurring Revenues

-

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
Universal PropTech Inc. Announces Departure of Officer

Universal PropTech Inc. Announces Departure of Officer

Universal Proptech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that Frank Carnevale will step down as the Company's Chief Growth Officer to pursue a new opportunity on May 10, 2022.

Chris Hazelton, CEO of UPI commented: "On behalf of the Board of the Directors and the Management team, I would like to express our gratitude for the leadership, strategic influence and guidance Frank has provided to the Company over the last few years. We wish Frank the best in his new role."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

OpenText Showcases Latest Content Cloud Innovations at AIIM 2022

New capabilities help organizations harness the power of information to drive operational excellence and deliver better business outcomes

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), a long-standing market leader in content services for more than 17 years, will be at AIIM 2022 as a Diamond sponsor. This year, OpenText is showcasing new capabilities that enable organizations to embrace information management with the flexibility of choice off-cloud, private cloud, public cloud, or API. The OpenText™ Content Cloud™ innovations, including OpenText™ Core Content and OpenText™ Core Case Management empower organizations to adapt and master modern work in a multi-cloud environment through improved digital collaboration, fast and secure information access, and proper governance and compliance.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
SensOre

Mining Exploration Entity or Oil and Gas Exploration Entity Quarterly Cash Flow Report

Sensore (ASX:S3N) has released its quarterly cash flow.

Keep reading...Show less
SensOre

Quarterly Activities Report to 31 March 2022

SensOre (ASX: S3N) aims to become the top performing global minerals targeting company through deployment of big data, artificial intelligence (AI)/machine learning technologies and geoscience expertise. AI-targets are leveraged through SensOre’s three business divisions: Technology, Services & Exploration.