New trade org serving financial market launches; Diebold among charter members

Thursday, March 9, 2006

MASSILLON, Ohio--Financial Solutions Providers International, or FSPi, is the newest player on the trade association front looking to attract members of the security industry. Members will be those who are solution providers to the financial marketplace, be they software manufacturers, packaging providers or hardware developers. Certainly, integrators who secure banking facilities are part of the target audience.
"One of the primary areas we're looking at is retail delivery," said FSPi executive vice president of member services Leslie Schneider, "the next largest potential is in the security marketplace."
FSPi launched last September with a 5013c non-profit designation. "We are not a lobbying arm," said Schneider. "We monitor; we inform."
Currently, FSPi has 12 member companies, who'll be meeting for the first time March 20. Charter companies include integrator/ATM provider Diebold and IT integrator Wincor Nixdorf. Fees are $25,000 for five years for companies with more than $50 million in revenues, $20,000 for those under that mark.
Their first big event will be a trade show/expo Sept. 26 - 28 in Atlanta. The goal, said Schneider, is for 1000 attendees, with 300 exhibitors. As for members, FSPi hopes to hit 100 by the beginning of 2007.
"Right now," said Schneider, "there's not an organization out there that we've found that offers what we offer to the financial marketplace."
See the April issue of Security Systems News for comment from Diebold on FSPi.