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News/Press Releases

10/15/2006 12:00:00 AM - Slingshot Marketing Department

CitiStreet Selects Slingshot For Revenue, Forecasting, Billing and Collections

CitiStreet is a premier global benefit provider, and one of the nation’s largest retirement plan record keepers.  CitiStreet, a State Street and Citigroup Joint Venture Company, has licensed components of Slingshot’s eCity application suite to address their needs for a current technology receivables solution.  Slingshot was selected to address a series of requirements identified to take the CitiStreet business forward into the forseeable future.  The following products will be implemented:

• eCity Receivables – Accounts Receivable, Credit and Collections Management
• eCity Control Ledger – Accounts Receivable, Credit and Collections Management
• eTools – Rapid Application Toolset for VB.Net Applications

Being a joint venutre organisation, CitiStreet has a number of data consolidation and reconciliation challenges that will form an important part of the system cutover tasks.

The implementation project will commence early in 2007 and will span a majority of the year.


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