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Texas Dow Employees Credit Union Extends Investment in Verint Technology to Further Proactive Security Measures
|By Business Wire
|July 16, 2014 08:30 AM EDT
Systems Inc. (NASDAQ: VRNT) today announced that Texas
Dow Employees Credit Union (TDECU) has extended its investment in
Verint’s comprehensive banking solution across its network of financial
branches, ATMs and operation centers. With enabling technology from
Verint, TDECU is helping ensure quick access to video data and analytics
to monitor operations and expedite investigations, while building more
proactive security processes across its organization.
Founded in 1955, TDECU is a not-for-profit financial cooperative with
more than 186,000 members and over $2 billion in assets. As the
fourth-largest credit union in Texas and the largest in the Houston
area, it is committed to providing the highest quality service and
offerings to its members through a complete selection of competitive
financial solutions and services.
With 56 locations, TDECU leverages a wide array of video surveillance
solutions from Verint to support its security and crime prevention
initiatives, and to help migrate from an analog to IP infrastructure.
Earlier this year, it extended its investment in the Verint
EdgeVR®, a powerful network video recorder (NVR) that
delivers hybrid analog/IP capabilities and a range of analytics to
address retail banking and corporate facility needs. Designed for
geographically distributed operations, the EdgeVR includes H.264 and
MPEG-4 compression options and scalable storage options up to 16
terabytes. Consistent with its open platform design, the solution
integrates with various edge devices and systems to deliver high levels
of flexibility to customers in the banking market.
“We require technology that keeps pace with our growth,” explains Jason
Miles, director of security and investigations, TDECU. “Verint delivers
powerful and reliable solutions that are optimized for use in the
banking sector. With Verint, we have a solution that is optimized for
today’s security needs and that can easily scale to meet the demands of
TDECU also deployed the Verint
Vid-Center™ and Verint
Op-Center™ client software to manage NVR configuration,
live and recorded video viewing, and event search. Other capabilities
include instant alerts and surveillance analytics, health monitoring and
remote system administration. In addition, TDECU is upgrading to Verint
IP Cameras at high-traffic locations and will use the
high-definition network-based surveillance cameras to better monitor its
infrastructure, and protect its members and assets.
“Verint is committed to providing technologies that help customers, like
Texas Dow Employees Credit Union, identify and address vulnerabilities
proactively and provide solutions that help protect customers, employees
and assets,” says Steve Weller, senior vice president and general
manager, Verint Video and Situation Intelligence Solutions™.
“As a result, these institutions can achieve a higher return on
investment while increasing investigations capacity and reducing total
cost of ownership.”
About Verint Systems Inc.
Verint® (NASDAQ: VRNT) is a global leader in Actionable
Intelligence® solutions. Actionable Intelligence is a
necessity in a dynamic world of massive information growth because it
empowers organizations with crucial insights and enables decision makers
to anticipate, respond and take action. Verint Actionable Intelligence
solutions help organizations address three important challenges:
customer engagement optimization; security intelligence; and fraud,
risk, and compliance. Today, more than 10,000 organizations in over 180
countries, including over 80 percent of the Fortune 100, use Verint
solutions to improve enterprise performance and make the world a safer
place. Learn more at www.verint.com.
This press release contains forward-looking statements, including
statements regarding expectations, predictions, views, opportunities,
plans, strategies, beliefs, and statements of similar effect relating to
Verint Systems Inc. These forward-looking statements are not guarantees
of future performance and they are based on management's expectations
that involve a number of risks and uncertainties, any of which could
cause actual results to differ materially from those expressed in or
implied by the forward-looking statements. For a detailed discussion of
these risk factors, see our Annual Report on Form 10-K for the fiscal
year ended January 31, 2014 and our Quarterly Report on Form 10-Q for
the quarter ended April 30, 2014 and other filings we make with the SEC.
The forward-looking statements contained in this press release are made
as of the date of this press release and, except as required by law, the
Company assumes no obligation to update or revise them or to provide
reasons why actual results may differ.
VERINT, ACTIONABLE INTELLIGENCE, MAKE BIG DATA ACTIONABLE,
CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360,
WITNESS, VERINT VERIFIED, KANA, LAGAN, VOVICI, GMT, VICTRIO, AUDIOLOG,
ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY INTELLIGENCE SOLUTIONS,
VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE,
STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are
trademarks or registered trademarks of Verint Systems Inc. or its
subsidiaries. Other trademarks mentioned are the property of their
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