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March 11, 1987

CHEMICAL BANK, COLDATA AND CHEYENNE SOFTWARE AGREE JOINT MARKETING OF COLLEXSYS

By CBR Staff Writer

Chemical Bank of New York, Coldata, and Cheyenne Software Inc have agreed joint marketing of a collection software package called Collexsys: Long Island-based computer service firm Cheyenne, is using its proprietary Cheyenne Application Engine, to modify and enhance the existing collection modules separately developed by Chemical Bank and Coldata for in-house use; the system will handle all collection needs and generate comprehensive managerial reports, and runs on an IBM Personal configuration costing under $5,000 rather than $40,000 or more for a mainframe environment.

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