MEMPHIS, Tenn., Sept. 12, 2012 (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) won first place in the Banking & Financial Services Industry segment on the 2012 InformationWeek 500 list of the nation's most innovative users of business technology. First Horizon ranked 14th overall and is the highest-ranked bank in the 2012 list. This is First Horizon's 10th appearance on the list.
First Horizon earned recognition for transforming its information technology organization, systems and infrastructure to deliver a differentiated customer experience and sow the seeds for growth. In a sweeping renewal effort that started in late 2010, First Horizon upgraded or replaced every key business system, including those used by customers.
"Today when customers walk into one of our financial centers or call one of our support lines they interact with our employees who have at their fingertips more timely and relevant information about our customers' accounts, their relationships and their needs," said Bruce Livesay, executive vice president and chief information officer for First Horizon. "We are proud to be honored by InformationWeek for using technology to best benefit our customers and our employees who serve them."
From upgrading core loan and deposit systems to deploying mobile banking, First Horizon's "all-in" technology transformation aimed to make the company easy to do business with for external and internal customers. "Thanks to the hard work of our technology team," Livesay said, "we are building for the future with a new technology foundation."
Now in its 23rd year, the InformationWeek 500 tracks the information technology practices of the nation's most innovative IT organizations, providing a unique opportunity to understand and examine the business practices of these firms across core areas of operations including technology deployment, IT budgets, business-technology infrastructure and IT strategies.
About First Horizon
The 4,600 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through more than 170 bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee Bank has the leading combined market deposit share in the counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information is available at www.fhnc.com.
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