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CoCoNet celebrates its 25th anniversary

12-01-2009 12:09 PM CET | IT, New Media & Software

Press release from: CoCoNet Computer-Communication Networks GmbH

In November 1984 a group of talented young scientists at the University Dusseldorf computer centre decided to get together to set up in business and CoCoNet was born.

CoCoNets rapidly grew from a dozen employees to 50 employees by the beginning of the nineties and now stands at over 150 employees. Since 2004 the Polish subsidiary CoCoNet Polska has also become part of the CoCoNet group. Today CoCoNet clearly focuses on payment transactions between banks and banking customers as well as on products for communication within the health care sector.

The e-banking Client MULTIWEB Banking that CoCoNet launched in the mid-nineties represents a milestone in the emerging electronic banking. Indeed an enhanced version the software is still successfully employed by many German banks.

CoCoNet is now concentrating the latest generation of e-banking solutions in theMULTIVERSA product suite. The international finance portal MULTIVERSA IFP International Finance Portal is considered as a flagship among finance portals. MULTIVERSA IFP and its derivative MULTIVERSA PBS Professional Banking System today are in use for the processing of domestic and international payment transactions as well as cash management at numerous international banks such as Citi, Deutsche Postbank, GE Artesia Bank, HSBC Trinkaus & Burkhardt, ING, LBBW, Rabobank and SEB but also in large corporations and service providers such as ADP, Allianz, BBDO, Deutsche Telekom, Helvetia and Metro Group.

CoCoNet would like to cordially thank all customers, employees, business partners and friends for the many years of fruitful collaboration.

CoCoNet will continue to develop its core competencies further, such as our extensive knowledge about payment transactions in Europe, in order to remain a reliable partner for banks and corporates in all aspects of electronic banking.

About CoCoNet
CoCoNet is a leading software company for e-banking solutions headquartered in Erkrath/Dusseldorf (Germany) and supplies banks and large corporations in various European countries with internationally applicable electronic banking products. These solutions cover national and international payment transactions, format conversion, professional cash-management, e-invoicing and Trade Finance. International banks (such as Citi, Deutsche Postbank, GE Artesia Bank, HSBC Trinkaus & Burkhardt, ING, LBBW, Rabobank and SEB) and large corporations (ADP, Allianz, BBDO, Deutsche Telekom, Helvetia) rely on CoCoNet's e-banking customer products and banking servers.

The MULTIVERSA product suite consists of three main products:
- A high-end e-banking portal solution: MULTIVERSA IFP International Finance Portal
- A web-based customer system: MULTIVERSA PBS Professional Banking System
- A bank server: MULTIVERSA IBS International Banking System

CoCoNet Computer-Communication Networks GmbH
Steinhof 5 | 40699 Erkrath | Germany | www.coconet.de
Peter Schrameyer

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