NaviSite Chosen To Provide Application Management Services For National Consumer Cooperative Bank (NCB)
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NaviSite, Inc. (NASDAQ: NAVI), a leading provider of application
management and managed hosting solutions, today announced that National
Consumer Cooperative Bank (NCB), a financial services company, has
chosen NaviSite to provide Application Management services to support NCB’s
finance, accounting, time and expense, and business intelligence
applications.
NCB selected NaviSite, following the acquisition of netASPx, to upgrade
the Bank to Lawson Software applications version 9.0 and Lawson System
Foundation 9.0 through the Lawson center of excellence. In addition to
upgrading all of NCB’s Lawson Software
applications, NaviSite migrated NCB to a fully-managed application
services solution including best-in-class technology, high touch
functional and operational support, and continuous applications
lifecycle management.
"The management of our Lawson Software
solutions is of prime importance to NCB’s
growth and strategic management,” said Richard
L. Reed, Chief Financial Officer at NCB. "netASPx,
and now NaviSite, have added NCB to their proven track record of
successful Lawson version 9.0 upgrades. We were impressed with their
commitment to migrate our applications quickly and flexibly, in a way
that best suited our needs. They delivered completely on every
commitment made during the selection process.”
Now that the upgrade and migration to the NaviSite platform is complete,
NCB will evaluate additional deployments of Lawson Software solutions
into the NaviSite application management environment. "NaviSite
is excited to further demonstrate our own customer service and Lawson
System Foundation expertise through our engagement with NCB,”
said Nasir Cochinwala, Senior Vice President of Professional Services at
NaviSite. "We are delighted to welcome the
Bank to our growing family of NaviSite customers.” About National Consumer Cooperative Bank (NCB)
NCB means National Consumer Cooperative Bank, its subsidiaries and NCB
Capital Impact, an affiliated non-profit corporation. Loans and
technical assistance may be provided by NCB, NCB Capital Impact or NCB,
FSB, NCB, FSB is a wholly-owned subsidiary of NCB. Deposit products and
services are provided by NCB, FSB, which is FDIC insured. Housing
development services are offered through NCB and NCB Capital Impact's
jointly owned subsidiary, NCB Community Works, LLC. Each is a separate
entity within the NCB Financial Group.
NCB is dedicated to strengthening communities nationwide through the
delivery of banking and financial services, complemented by a special
focus on cooperative expansion and economic development. Headquartered
in Washington, DC, NCB also has offices in Alaska, California, New York
and Virginia. In addition, NCB has a growing community banking network
in southwestern Ohio. To learn more about NCB, visit www.ncb.coop.
About NaviSite
NaviSite is a leading provider of application management and managed
hosting solutions. Customers depend on NaviSite for managed application
services, application development, implementation and management on its
web infrastructure platforms in 16 state-of-the art data centers
supported by more than 700 professionals. NaviSite provides customized
and scalable solutions leveraging its broad range of application
development capabilities, packaged software implementation expertise,
deep portfolio of best in class technologies and a full suite of
web-hosting and internet infrastructure options. For more information,
please visit www.navisite.com.
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