converting properly.’ There was then one ‘live testing day’, where the tellers ran every transaction that came in and, at the end of that day, the data was posted into the core system. ‘It was a complete simulated parallel process in a controlled environment,’ he said. At Peoples Independent Bank, i2 Core covers front-to-back


office operations. The biggest benefit to customers since the conversion was the new internet banking application and the revamped mobile banking platform. The applications are ‘more enhanced’ with features such as real-time alerts, said Ogle. Another taker of late has been First Bank, a community bank in Alabama. The bank was looking for ‘more integration so that it could provide its customers with consistent and real- time information across all its service delivery channels’, said Golebiowski. There was no formal RFP process and the selection


lasted around three months. A key requirement was for the implementation to be conducted within a 90-day timeframe. Having a ‘comprehensive’ solution that is cost-effective, plus a new mobile banking platform, also featured in the criteria. First Bank apparently looked at three other domestic suppliers before selecting IBT. Around ten IBT people and a team of 15 bank staff


worked on the project. For user training, IBT carried out ‘hands-on’ sessions with 26 of First Bank’s staff on a train- the-trainer basis. Classroom-type environments were set


User list i2 Core


Example users:


Alta Vista State Bank Bank of Alma Bank of Verden Citizens State Bank Commercial Bank Dillon Credit Union First Bank


First National Bank of Cunningham First National Bank of Eagle Lake Texas First National Bank of Wisconsin


Iowa State Bank LaFarge State Bank Linn County State Bank Merchants and Farmers Bank Peoples Independent Bank Peoples National Bank State Bank of Bedias


Stockmens National Bank of Cotulla


up and IBT’s people navigated users through the system over seven days. i2Core covers all main operations at First Bank, front-to-back office, and was rolled out across five branches.


Citizens State Bank of Lankin, a small family-owned entity


in North Dakota, selected IBT as its new core banking software provider in 2015. The bank will implement the vendor’s i2Core platform. Texas-based Stockmens National Bank of Cotulla has also


chosen IBT’s i2Core banking system and its i2Teller platform in 2015. IBT announced that Farmers State Bank (FSB) of


Brookston, Indiana has signed with IBT to upgrade its core platform and all its integrated solutions in 2015. This new technology will allow the bank to meet the specific challenges of the marketplace efficiently and effectively providing new automation and convenience to its customers. In June 2016, First National Bank of Las Animas,


Colorado replaced all of its existing systems with integrated i2Suite, which includes core processing, online and mobile banking, document imaging, and integrated image teller


US Financial Services Technology Market Report | www.ibsintelligence.com


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