News and Announcements

1 October 2007:

LogicaCMG uses global presence to bring Fronde Anywhere's innovative mobile banking products to a worldwide stage.

LogicaCMG, a major international force in IT and business services, today announces a global partnership with Fronde Anywhere, a specialist provider of mobile banking, payment and multi-factor authentication solutions worldwide. Fronde Anywhere is the wholly-owned subsidiary of Fronde Systems Group – a leading IT services company in New Zealand.

This new partnership combines Fronde Anywhere’s innovative SMS and Java-based suite of mobile banking products with LogicaCMG’s global financial services and telecoms industry experience, including leading edge payment and telco solutions, and presence.  This will provide financial services organisations with the opportunity to integrate mobile technologies into their multi-channel strategy to add new channels, enhance existing channels, or enhance banking products and services.

Consumers will be able to manage their finances anywhere, anytime on their mobile phone or other device with the confidence that it is fully secure.

Financial services organisations will be able to quickly deploy exciting new, secure mobile banking services with the added comfort that using LogicaCMG’s deep payments and retail financial services knowledge those services can become the payments and product channels of the future.  

Lode Snykers, managing director, Global Financial Services at LogicaCMG said:” Fronde Anywhere's customisable solutions can be easily tailored to meet the specific needs of individual organisations. Financial institutions can cost-effectively deploy end-to-end mobile banking offerings and target selected customer segments and services. The availability of both SMS and Java capabilities provides banks with the choice of starting with more basic SMS-based services, and evolving on to a more function-rich, fully branded, offering without having to change platform. The range and flexibility of Fronde Anywhere together with LogicaCMG’s deep financial services, project experience and payments expertise make us the ideal partner for any institution looking to implement mobile services.”

Caroline Dewe, EVP product strategy & marketing, at Fronde Anywhere continued: “This partnership is an important step for us in terms of strengthening our global reach. LogicaCMG has a long pedigree of successful implementations and innovative products and solutions in both the financial services and telecoms markets. We look forward to a long and successful partnership.”

Fronde Anywhere provides end-users with the ability to perform banking transactions confidently and easily. It can also be tailored to reflect a bank's branding and to fit in with the look and feel of each mobile device. End-users can simply access their banking application from their phone menu. Additional advantages for banks include reduced operational costs by eliminating a significant proportion of inbound contact centre calls, and increased revenues.

Fronde Anywhere product suite:

  • TxTBank™ and BankAlert™ modules provide a high availability, scaleable messaging platform with full disaster recovery and redundancy that empowers you to define and deliver your own services.
  • SmartBank™ provides customers with access to all of the functionality provided in an internet banking application - via a user friendly application that is downloaded to their mobile phone. SmartBank offers enhanced security across the entire system including 128 bit SSL encryption, and embedded session based token exchange within the SmartBank product.
  • TwoSecure™ secures Internet banking transactions by eliminating the risk of man in the middle attacks and third parties assuming the user's identity. This product is more cost-effective than hardware tokens for banks to deploy, and more convenient for consumers to use. By generating one-time passwords to users' handsets that can be matched with one held on the server, users can gain authenticated access to online transactions or remote networks.

 

NOTES TO EDITORS


About LogicaCMG

LogicaCMG is a major international force in IT and business services. It employs around 40,000 people across 41 countries. LogicaCMG’s focus is on enabling its customers to build and maintain leadership positions using LogicaCMG’s deep industry knowledge and its track record for successful delivery. The company provides business consulting, systems integration and IT and business process outsourcing across diverse markets including telecoms and media, financial services, energy and utilities, industry, distribution and transport and the public sector. Headquartered in Europe, LogicaCMG is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE:LOG; Euronext:LOG) and traded on the Xternal List of the Nordic Exchange in Stockholm. More information is available at www.logicacmg.com

  • LogicaCMG has implemented more than 10 multi-channel (branch, telephone, Internet, mobile and ATM) automation systems as host core banking independent solutions
  • LogicaCMG has provided CRM and channel automation and integration solutions to more than 50 retail finance clients
  • LogicaCMG’s systems transfer the equivalent of the USA’s annual GDP every day
  • LogicaCMG has worked with 40 of the world’s top 50 banks.

About Fronde Anywhere

Fronde Anywhere has a track record of delivering successful and innovative bespoke mobile commerce solutions to merchants, mobile operators and banks. Examples include: redemption of loyalty programme rewards, betting, top-up of a mobile phone account from a bank account, and pay by phone for parking.

The company has built its reputation on the proven delivery and implementation of first to market mobile products and solutions that generate real business benefits for our clients. Fronde Anywhere product implementations are supported by accredited partners and resellers in each market.


Fronde Anywhere is part of the Fronde Systems Group, which serves clients in Europe, North America, Australasia and South East Asia from its offices in London, New York, Singapore and New Zealand.

 

Press contacts for LogicaCMG

Alex Bell
Citigate Dewe Rogerson
44 (0) 207 282 2829
Alexandra.bell@citigatedr.co.uk

 

Press contacts for Fronde Anywhere

Natalie Shamshoum
Metia
44 (0) 3100 3655
44 (0) 7901 553319
Natalie.shamshoum@metia.com