FIS™, a global leader in financial services technology, recently announced that First United Bank & Trust was selected as a 2020 FIS Impact Award recipient. Exclamation Labs, the creator of Provision™ IAM, developed the application that communicates with the FIS core.
First United Bank & Trust won for its innovative work and collaboration with Kitsap Bank, Country Club Bank, and Bank of Hawaii to create real-time connectors in the FIS Code Connect gateway. First United partnered with third-party developer Exclamation Labs, to power Provision, an identity access management solution specifically created for community banks and credit unions.
The connector developed for use in FIS Code Connect allows a bank's core FIS services to communicate with Provision IAM automatically. Provision provides hardened network security by enforcing user permissions and cybersecurity policies across the bank's numerous IT systems. The new connectors allow real-time transactions, tracking every system user while producing audit-ready reports.
First United’s Matthew T. Growden, Vice President and Chief Information Officer remarked, “It’s an honor to be recognized by FIS, one of the world’s top providers of core financial services, for our collaborative effort on this project. Winning is great, but the resulting interface has also made my job and my team’s job much easier, transforming many of my former pain points into improved business efficiencies.”
Independently judged by industry analyst group Celent, the Impact Awards were created four years ago as a way to recognize organizations that are using FIS technology in innovative ways to enhance customer experiences and drive tangible business results. The awards presentation typically takes place at the annual FIS InFocus conference in Orlando, FL, however, due to COVID-19, this year's ceremony will be held virtually.
Jonathan M. Hutcherson, Founder, and CEO of Exclamation Labs, commented, “We’re very excited for our friends at First United. In addition to leading this technology project with FIS, Matt Growden and his team set the gold standard that community banks across the country follow. It’s unfortunate that due to COVID, we won’t see them accept the award in front of over 5,000 conference attendees, but that no less diminishes the impact and influence First United has on the industry.”
Provision IAM has enabled financial institutions nationwide to achieve superior compliance by operationalizing and instantly documenting internal system-wide permissions via connectors across their entire suite of systems. Financial institutions that are interested in scheduling a Provision demo should contact John Jacobs, Director of Sales & Partnerships, at firstname.lastname@example.org.
ABOUT FIRST UNITED CORPORATION
First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers (the "Bank"), and two statutory trusts that were used as financing vehicles. The Bank has four wholly-owned subsidiaries: OakFirst Loan Center, Inc., a West Virginia finance company; OakFirst Loan Center, LLC, a Maryland finance company; First OREO Trust, a Maryland statutory trust that holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure; and FUBT OREO I, LLC, a Maryland company that likewise holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership; a Maryland limited partnership formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland. First United Corporation's website is www.mybank.com.
ABOUT EXCLAMATION LABS
Exclamation Labs designed the Provision™ Identity Access Management (IAM) platform to address an unmet need in the banking industry. Provision has enabled financial institutions nationwide to achieve superior compliance by operationalizing and instantly documenting internal system-wide permissions via connectors across their entire suite of systems. Exclamation Labs has provided digital solutions to national clients since 1996; brands like Gerber Life Insurance Company, Choice Hotels International, DuPont, and GE Commercial Finance. Headquartered in Cumberland, Maryland, Exclamation Labs employs business and technical professionals across the country.