Exposure to industry perspective and expertise to help shape offerings for client base
Billerica, MA - February 12, 2009 — Orbograph Ltd., a leading developer of recognition solutions for the financial industry, today announced its membership in The Santa Fe Group Vendor Council, a vendor consortium led by strategic consulting company, The Santa Fe Group. Founded by financial services leader and innovator Catherine A. Allen, The Santa Fe Group provides expertise to the financial services industry on risk management, business strategy, and public policy issues.
Orbograph’s membership is part of a company-wide initiative to further leverage its recognition-centric solutions in the fraud arena following the recent installation success of its fraud detection software, Sereno, powered by G6 Enterprise Recognition Technology. Orbograph participation in The Santa Fe Group Vendor Council and its working groups will bring critical strategic value to the company by helping to refine the integration of its image-based fraud detection solution with transaction processing.
The Santa Fe Group Vendor Council bridges the gap between vendors and the financial services user community through productive, results-oriented discussion and in-depth industry briefing papers. A unique venue for service providers, The Santa Fe Group Vendor Council brings vendors’ intellectual capital together with IT strategy at leading financial institutions.
“The Santa Fe Group Vendor Council promotes dialogue between the service provider community and corporate leaders that leads to innovative, forward-thinking solutions that benefit all of us,” said Ms. Allen, Chairman and CEO of The Santa Fe Group and founding CEO of the financial services industry consortium BITS. “We welcome Orbograph to our community and look forward to its contributions.”
Barry Cohen, Co-General Manager of Orbograph Ltd., stated, “Our membership in The Santa Fe Group Vendor Council illustrates our commitment to Orbograph’s fraud product line. With the weak economy, clients are more demanding than ever to see faster ROI. We believe this engagement will help us better communicate the value of our Sereno and Payee Name Verification solutions to accelerate the awareness and adoption of these solutions in the financial industry.”
About Orbograph
Orbograph Ltd. is a leading developer of recognition solutions for the U.S. check processing and business process outsourcing markets. Orbograph’s technologies are in use at hundreds of banks, financial institutions and service bureaus across North America, processing millions of documents each day. Through its automation and recognition solutions, fraud detection, business process outsourcing technologies and image quality assurance applications, Orbograph enables customers to reduce costs, improve operational efficiencies and achieve rapid ROI.