Another successful year (2007) of Excellency and achievement ended with the release of Passageways Bank Holding Solution. This specific solution is designed and developed for holding companies and their subsidiaries to meet institution wide communication needs. Passageways is well known for its bank intranet and credit union intranet portal solutions that always bring innovative solutions to help financial institutions nation wide. Bank holding portal solution facilitates and centralizes fast, effective collaborative communication among bank employees. Now bank portal is available in two delivery formats, first one is in-house and second is hosted with passageways. The standard and recommended in-house credit union portal solution places on the holding company's new or already existing server. With hosting at passageways require one time set up fee and reasonable monthly fee with full support. This specific software solution can serve limitless users and supports the use of the passageways portal framework as well as most of the passageways modules. "Increasing productivity, streamlining work flows and more effectively managing information are some of the benefits available to banking holding companies that use corporate portals," said Paroon Chadha, co-founder and vice president of Passageways. However there are many portal providers offering general portal frameworks but there are few solution providers that offers portal framework specifically for financial institutions to collaboratively organize and manage documents, content, Web sites and other corporate knowledge bases, passageways is one among them. Portal users enhance their ability to share information between executives and board members, and reduce costs by eliminating the need to prepare and ship hard copies of key documents, all in all an excellent solution for holding companies and their subsidiaries. About passageways, the company is market leader in web portal solutions and committed to creating affordable and trusted products for financial organizations of all sizes. Company mission is to craft an all-embracing collaborative environment for employees and partners in the financial industry with emphasis on mantra, "Innovate, Connect, Grow".
