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May 15, 2014

DataOceans Expands Its Presence Into South America With Cobiscorp

DataOceans announces its expansion into South America via a tightly structured relationship with Cobiscorp, a leading provider of core banking software.

ATLANTA, GA – May 15, 2014 – DataOceans is pleased to announce its expansion into Central and South America via a tightly structured relationship with Cobiscorp, a leading provider of core banking software. DataOceans provides Cobiscorp with a sophisticated Customer Communications Management (CCM) layer that will be integrated into the COBIS Ubiquitous Finance Platform.  With this Agreement, Cobiscorp will become a major distribution channel for DataOceans products into financial service, telco and other industry verticals in Latin America.

DataOceans and Cobiscorp have collaborated over recent years in think-tank events and international banking conferences concerning the changing market throughout Latin America, working to better understand and improve these markets though knowledge exchange. In January of 2014, Larry Buckley and Dave Hickson of DataOceans traveled with Cobiscorp executives to demonstrate the companies’ joint capabilities through Central and South America. .

Integration and training activities will be completed by September 1st 2014. Initial customer implementations are planned in Q4 of 2014.

Larry Buckley, CEO of DataOceans gave this perspective, “I am quite pleased for DataOceans to be exposed to new markets and learn from some of the unique approaches and trends that are occurring in Latin American countries and markets.”

“We are very pleased to offer to our financial service clients such an innovative and proven platform as part of our ubiquitous finance platform, and we look forward to our first deployments to fully demonstrate the power of this solution in our markets,” stated Bill Moss, CEO of Cobiscorp.

About DataOceans
DataOceans offers customer communications management solutions that help companies across multiple industries improve existing customer communications, including billing and invoicing for print, portal, tablet and phone deliveries.  These newly transformed customer communications can be implemented in 90 days without significant involvement of client IT resources and offer interactive experiences, personalization, highly-targeted ads with a focus on increasing revenue and decreasing costs.

About Cobiscorp
Cobiscorp has a leadership position in the Americas as a provider of ubiquitous finance technology, the Company created COBIS a fully integrated digital business processing platform that affords global and timely access to and utilization of finance and payment systems. COBIS is built on scalable and adaptive Service-Oriented Architecture to enable a wide range of high-speed core banking and payment processing functions that synchronizes and synergizes traditional banking business models with the heretofore separate world of inclusive banking, mobile transactions, and digital banking products. The company was founded in 1953, is headquartered in Northern Virginia’s Dulles Technology Corridor, and operates from major technical and business centers in Latin America.

With over 60 years of success, and capabilities uniquely aligned with today’s rapidly changing needs for inclusive financial services, Cobiscorp is acting upon its opportunity to bring dynamic and differentiated value to this expanding market. Its opportunities span the Americas.

Visit www.DataOceans.com and www.cobiscorp.com for more information about the companies and their products.

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