Financial And Banking
CALSTRS uses multi-screen LCD configuration to replace LED Datawall
Posted on Fri, November 13, 2009
The California State Teachers Retirement Services (CALSTRS) recently replaced their character -based, three color, LED wallboards with new NEC LCD Displays. While most of their content is simple financial market data that is shown in Green (for positive) and red (for negative) the new Video Wall Display system gives them the flexibility to now show charts, graphics, and utilize the full spectrum of colors.
Most video wall applications stack the LCDs together in traditional landscape orientation, but to best fill the space left by the LED Datawall we worked with the client to orient each display in portrait mode to best utilize the space.
The end result a uniquely designed digital signage solution that keeps traders abreast of current market conditions.
Vertical LED Tickers - something unique
Posted on Mon, November 16, 2009
For clients looking to do something unique and architectural to fit in with their facility mounting a LED ticker vertically can provide a different look. A few example installation photos can be seen at the following links:
- Bank of America
- Wells Fargo
- Wacovia
One of the driving factors for installing a digital sign is to create “Wow Factor”. While Digital Signage and Video Walls can do a great job of creating this “Wow Factor” the LCD displays are much more rigid in design so they don’t allow for architects to curve them, bend them, or run them vertically up columns.
If you are looking to create a one of a kind atmosphere using sports scores, stock quotes, headline news, or just your own messages consider using a LED ticker display and finding a way to position it vertically.
52” LCD Installation at First Bank of Owasso
Posted on Tue, November 24, 2009
The recent installation of a digital sign at First Bank of Owasso in Oklahoma is a perfect example of how retail banking institutions can take full advantage of the latest advances in digital display hardware and software to modernize their image, keep their customers informed, and manage their own messaging from one central location.
To complement the building’s decor, the 52” LCD display was built into a custom tiled wall. Strategically situated within the Financial Services area of the bank the display serves as a welcoming first impression to visitors as soon as they enter the building.
The images and data on the displays serve up a mix of live stock market information, breaking headline news, live TV, and special announcements that advertise their products and publicize community events.
Overview of LCD Video Walls
Posted on Tue, November 24, 2009
Are you interested in learning about LCD Video Walls? If you have 10 minutes watch this video overview showing different configurations, content options, and client applications for Video Walls.
Digital Signage Technology Tip: Video Wall verses LED Wallboard
Posted on Tue, December 15, 2009
Historically Financial Trading Floors and Business School Finance Labs have used large LED wallboards to post current market data and news. The LED wallboards provide long life, great viewing distances and you could easily build large walls out of them to create a focal point in any trading environment.
A couple of good photo examples can be seen at: PIMCO and University of Pittsburgh.
With advancements in LCD technology and the new ultra thin bezels, video walls have replaced these LED datawalls. For users still investigating the LED wallboard technology here are 5 things to investigate and compare to help make your decision:
Color - with a LED wallboard you get 3 colors (red, green, amber) verses with a video wall you get the full spectrum of color
Flexibility- with a LED wallboard it is alpha numeric meaning a fixed character height for letters and numbers and if you purchase a 16 line by 64 character display, that will always be your limit. The advantage of what you can dynamically do with a video wall is obvious.
Graphics - with a LED wallboard you are limited to alpha numeric characters, with the video wall you can show graphs, charts, animations, video and live TV
Lead time - LED wallboards are custom built to order normally taking 6 weeks or better to build. LCDs are in stock and can ship the same week.
Price - with all of that functionality you would expect the LCD video wall to be more expensive. Actually it is on average 20% to 25% more economical.
Overall LED wallboards are still a great technology, but they just can’t compete with the mass production of LCD screens and in the end price and flexibility will always win. If you want more information you can view a 10 minute video comparison of the technologies.
Rise Creative Services Example: Ag Country 2x1 Video Wall
Posted on Fri, December 18, 2009
Ag Country recently donated dual LCD configurations to both NDSU and University of Minnesota to help keep students informed about the latest job openings and news in the farming community. Since the displays are posted in each school’s college of business they also wanted to post the latest commodity prices to create awareness for the futures markets that help drive Ag business.
The end result if a very graphical and visual design that helps helps provide valuable brand recognition to Ag Country while communicating with students on both campuses.
Rise Display Installation: Bank of Blue Valley
Posted on Mon, December 21, 2009
In an effort to convince existing clients to use more services, many retail financial institutions are turning to digital signs as a way to improve the bank’s atmosphere and communicate better with customers.
While customers are waiting in line for tellers, digital signs can serve as dynamic bulletin board, delivering current messages about bank rates, financial products, insurance products, or new programs. In many cases, the bank marketing is placed alongside live TV, stock quotes and headline news feeds, ensuring that the content remains interesting and attracts attention.
Click here If you want to see other examples of digital signage in banking.
Digital Signage in Education: University of Minnesota
Posted on Wed, December 23, 2009
Last week I posted a content example from the recent installation at University of Minnesota Morris that was donated by Ag Country. (view posting)
To supplement the post I am happy to share a photo of the final installation.
Digital Signage = Reduced Perceived Wait Time
Posted on Fri, January 15, 2010
A strategically placed electronic display, conveying appropriate and informative content, can help your customers pass the time while they wait in line to talk to your staff. According to a series of Bank of America studies, people who stand in line for more than three minutes often start to overestimate their actual wait times significantly. But when televisions showing CNN were installed in a test location, the degree of overestimation of wait times dropped from 32% to 15%.
Alabama Teachers Credit Union Installs Digital Signage In 4 Branches
Posted on Fri, January 29, 2010
The Alabama Teachers Credit Union recently installed digital signage from Rise Display in 4 of their branches. The LCD displays are strategically located to help reduce perceived wait time by providing the latest market updates, current weather, and a live CNN TV feed.
If you would like to learn more about digital signage for banking and credit unions check out the following link.
Alabama Teachers Credit Union Learns Lesson in Digital Signage from Rise Display
Posted on Tue, March 2, 2010
With five branches throughout the state, Alabama Teachers Credit Union (ATCU) is a non-profit financial institution that offers its members affordable personal financial services. Some recent promotions include Refer a Friend, which rewards members who refer their friends and family, and the Bridal Registry, which allows people to make deposits directly into a couple’s account.
“We wanted another avenue in which to display our print promotion ads,” says Emily Bogle, who works in ATCU’s marketing department. “We thought they were crowding up our lobby. We wanted another way to get our message across to members.”
In March 2009, ATCU began looking into digital signage. Along with Ms. Bogle, marketing director Candi Elrod and research and development coordinator Charly Young spent significant time researching different vendors and digital signage options.
“We looked at other financial institutions that had digital signage,” says Ms. Bogle. “One in particular offered the Rise Display program. We liked what we saw, the entire package, from pricing to the hands-on experience that we get to have as far as implementing changes; you can do it right there at your desk.”
Today, each branch has an LCD screen located either behind the teller line or directly beside it. Each screen relates information ranging from marketing promotions to products and services to regulations. According to Ms. Bogle, ATCU is also using the digital signage to “reach out to our community and offer assistance by getting word out about . . . nonprofit organizations that are having community events, different things like that. We’ve gotten a great response.”
Another benefit of the digital signage is that members are more comfortable as they wait to process transactions. “We have found that people are drawn to television,” says Ms. Bogle. “So, members are standing in line and making their transactions and they don’t notice the wait time because they’re drawn to the look of the LCD.”
The team also related that the digital signage has “cleaned up” ATCU’s various lobbies by removing the need for as many paper ads.
“We’ve had several comments that the LCDs look professional and add a lot to the lobby,” says Ms. Bogle. “I absolutely love it. Any credit union looking for something like this, we would recommend Rise Display.”
Digital Signage Case Study: Alabama Teachers Credit Union
Posted on Tue, April 20, 2010
Customer Overview
With five branches throughout the state, Alabama Teachers Credit Union (ATCU) is a not-for-profit financial institution existing to provide safe, affordable and personal financial services to its members. As an innovative, service-driven financial institution, ATCU is committed to building member relationships by focusing on exceptional member service supported by reasonably priced quality products.
In addition to offering financial services like debit/ credit cards, loans and online banking, ATCU has many additional services geared towards the community. Current promotions include the Savasaurus Club, which helps teach children under 7 the fundamentals of saving while offering prizes as incentives; and The Bridal Registry, which allows people to make deposits directly into a couple’s account.
Project Summary
In March 2009, ATCU began looking into digital signage. “We wanted another avenue in which to display our print promotion ads,” says Emily Bogle, who works in ATCU’s marketing department. “We thought they were crowding up our lobby. We wanted another way to get our message across to members.”
Mrs. Bogle, along with ATCU’s marketing director and research and development coordinator, spent significant time researching different vendors and digital signage options. “We looked at other financial institutions that had digital signage,” says Ms. Bogle. “One in particular used the Rise Display program. We liked what we saw — a complete package with web-based software allowing us to update content from anywhere.”
The Final Result
Today, each branch has an LCD screen located either behind the teller line or directly beside it. Each screen relates information ranging from marketing promotions, to products and services, to regulations. According to Ms. Bogle, ATCU is also using the digital signage to “reach out to our community and offer assistance by getting word out about . . . non-profit organizations that are having community events, different things like that. We’ve gotten a great response.”
Another benefit of the digital signage is that members are more comfortable as they wait to process transactions. “We have found that people are drawn to television,” says Ms. Bogle. “So, members are standing in line and making their transactions and they don’t notice the wait time because they’re drawn to the look of the LCD.”
ATCU related that the digital signage has “cleaned up” ATCU’s various lobbies by removing the need for as many paper ads. “We’ve had several comments that the LCDs look professional and add a lot to the lobby,” says Ms. Bogle. “I absolutely love it. Any credit union looking for something like this, we would recommend Rise Display.”
Outdoor LED Stock Ticker Provides Maximum Visual Impact
Posted on Wed, May 12, 2010
Customer Overview
The numbers are certainly impressive. 2,800 locations in 49 states. 10,300 registered representatives. $655.6 billion in retail client assets. $4.2 billion in annual revenue. In fact, Wachovia Securities is the third- largest broker-dealer in the United States. The firm’s representatives provide a range of advisory, brokerage, asset management and other services to help their customers achieve their long-term financial goals.
Project Summary
To be successful, Wachovia traders and advisors require up-to-the-minute financial data to inform their trades and recommendations. In two offices in New York and North Carolina, Wachovia decided to obtain and display this information on their trading floors using electronic display solutions from Rise Display.
In New York, their goal was to create an atmosphere that’s energetic for their traders and impressive for visiting clients. “We wanted to have live markets on display,” explained a representative of Wachovia IT in New York City. “We needed the ability to send live data across a ticker board, and to add markets as we desired.”
The Rise Solution
Though Wachovia had previously purchased display boards from another vendor, they were frustrated that the software needed to control them was not supported by the same supplier. As a result, their first boards were always displaying “stale data,” as Wachovia IT put it. “When we investigated Rise Display as an alternative provider, we were very happy to hear that they not only provided the hardware, but also owned the software that drives it. It really helps to have only one vendor to go to for both the display board and the software when there are issues.”
Impressed with the company’s “Complete Display Solutions,” Wachovia installed Rise’s tickers on three floors of their brand new trading center in New York City. Each floor has a specially designed ticker that starts with a 25-foot section on one side of a wide walkway, and then continues with another 25-foot section on the other side of the large gap. Each 50-foot ticker runs as one complete unit, constantly displaying live Reuters market data and news along with other customized messages.
When the Charlotte office was being planned, Wachovia stayed with Rise Display for its signage needs. Its outdoor ticker wraps around the entrance of its new building, incorporating three custom-designed curves to provide maximum visual impact from every angle of the building from the busy Charlotte street. The 20-foot-tall indoor tickers provide at-a-glance information for visitors, customers and financial advisors inside the office.
The Final Result
Wachovia IT says they are very happy that they switched. “We received a better price, a better contract, and better software from Rise. And everyone is very pleased with the new boards — we’ve received nothing but good comments. They really enhance the look of our trading floor.” As for their experiences with the Rise team, “Both the install team and the sales team were very professional and knowledgeable. It was a very pleasant experience all around.”
Speaking specifically about the new office in Charlotte, Ken Thompson, Wachovia chairman and executive officer, is thrilled. “It reminds me a little bit of Times Square in New York, but only better,” said Mr. Thompson.
To see press coverage by Shawn Flynn of News 14 Carolina watch “Ticker tape adorns Wachovia building”
