New York, NY, USA
July 29, 2008

Evolution of Wholesale Lockbox:
Let the Good Times Roll!

Table of Contents

Return to report Abstract

Executive Summary 3
Introduction 7
  B2B Payments: Long Live the Check 7
  The Larger Treasury Management Picture 11
  Client Adoption 12
Anatomy of Wholesale Lockbox 14
Processor Landscape 22
  Financial Institutions 22
  Third Party Processors 26
Platform Provider Landscape 33
  Primary WLBX Platform Vendors 34
  Virtual Lockbox Landscape 40
Let the Good Times Roll! 43
  Improve or Outsource 43
  Organic Growth: Selling Additional Services 44
  Winning New WLBX Clients 50
Potential Roadblocks 55
  Alternative Workflows--OPEN SCAN 56
Summary 62
 

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

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