eGistics Gets Bank Contract

eGistics, a publisher of hosted document management software, revealed this morning that it has received a multi-year contract from a leading U.S. bank. The monetary impact of the customer win was not disclosed. eGistics also declined to name its new client, instead describing it as a top 10 U.S. financial institution and one of the nation's largest receiving depositories. eGistics said it will supply the bank with a hosted application that will provide centralized storage, management and retrieval of automated clearing house data. The Dallas-based firm said it will also provide the client with another solution that stores and retrieves lockbox transactions and explanation of benefits documents.