Today, BankServ and NetDeposit announced the signing of a definitive agreement wherein BankServ will acquire substantially all of the assets of RDC pioneer NetDeposit, LLC, a wholly owned subsidiary of Zions Bancorporation (Nasdaq:ZION). The combined entity would place BankServ solidly among the largest RDC vendors when measured by the number of live end-users, but well behind the core banking providers in terms of breadth of FI RDC client base. Celent sees each vendor bringing strength to the resulting organization: - NetDeposit brings a capable and scalable decision gateway, an area in which BankServ may have been comparatively weak, along with a more well rounded distributed capture solution set including branch capture and multiple commercial RDC products. - NetDeposit brings a forthcoming mobile RDC solution to round out its consumer and small business RDC capability. - BankServ brings innovative and user friendly front end client applications – particularly its seamless integrations to QuickBooks and Peachtree accounting packages. - BankServ also brings diversity beyond distributed image capture with its Mobilescape, SWIFT and wire transfer products along with their substantial client base. - Both organizations have a well deserved reputation for innovation in a solution segment mired in tiresome compliance activities related to FFIEC published risk management guidelines. The result will be a stronger, more capable competitor in a market with, frankly, too many vendors. This is all good.