OSI unveils Level II of Open Community Network

GLASTONBURY, Conn. - Open Solutions Inc. here has announced the launch of Level II of its Open Community Network eCommerce model. OCN is a suite of enabling software designed to help financials create e-commerce opportunities around core financial account transactions. According to OSI, OCN looks to marry e-commerce and Internet banking. Level II features include the following: * Consolidated shopping cart, * One-time registration, * Multiple payment options, * Shipping flexibility, * Usage tracking and documentation, * Spending control options, * Enhanced customization. "Our goal is to usher in a new way of thinking for financial services and the Internet. An institutions Web site does not have to be just a cost center. Our customers' Web sites are profit centers," said Louis Hernandez, chairman and CEO of OSI. OSI said the OCN solution does not afford customers the opportunity to be transported to another vendor or financial's Web page-everything stays within the frames of the financial's site. -pgentile@cutimes.com

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