BEAVERTON, Ore. - Corillian Corp., a provider of eFinance solutions, has filed a registration statement with the Securities and Exchange Commission to hold its initial public offering. The IPO is expected to be held in early April. Corillian has credit union roots. One of its founders, Ted Spooner, served as chief financial officer for First Technology CU, Beaverton, Ore., from 1986 to 1994. Corillian has made headlines in the financial arena for its work developing products and services for the Open Financial Exchange (OFX) protocol. Corillian is the latest tech firm that provides Internet-based solutions for the financial services industry to go public. Digital Insight, Calabassas, Calif., and cavion.com, Denver, both went public in the last twelve months. Corillian also recently announced that United Airlines Employees` Credit Union, Chicago, and Credit Union West, Phoenix have selected its Voyager Platform for Internet banking.
Corillian to go public
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