SOURCE: BoardVantage

BoardVantage

December 03, 2009 09:00 ET

Butterfield Selects BoardVantage

Centralizes Board Communications in Secure Board Portal

MENLO PARK, CA--(Marketwire - December 3, 2009) - The Bank of N.T. Butterfield & Son Limited ("Butterfield"), a Bermuda-headquartered full service community bank and a provider of specialized international financial services, has selected BoardVantage to distribute board materials, enhance the efficiency of the Corporate Secretary's Office, and streamline its board process.

"As a financial institution, security, trust, and integrity are the most important qualities we look for in a supplier, especially with content as valuable as our board materials," said Tonya Marshall, Butterfield's Group General Counsel and Secretary to the Bank's Board of Directors. "BoardVantage stood out through its high-caliber security, but without compromising ease of use for our Directors. With internationally dispersed operations and board members, BoardVantage has helped us manage our governance process with greater efficiency."

"The financial services industry continues to help drive BoardVantage's continued board portal leadership," said Joe Ruck, president and CEO at BoardVantage. "Butterfield requires 24x7 access, but without sacrificing security and good process. That makes the BoardVantage board portal a logical choice."

About Butterfield

Butterfield offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the Group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Hong Kong, Malta, Switzerland and the United Kingdom. The Group provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, the Cayman Islands and Guernsey, which include asset management and corporate trust services. Butterfield is a publicly traded company with shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on Butterfield can be obtained from the Group's website at: www.butterfieldgroup.com.

About BoardVantage

BoardVantage is the leading provider of secure board portals, with over 250 customers -- including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.

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