Single Source Benefits

• Lowest Total Cost of Ownership (TCO) - reduces non-interest expense at a time when cost control is critical and capital requirements are rising.
• Creates a unified financial management system for both the Bank and the Customer.
• Minimizes the number of 3rd party systems and interfaces to simplify operational processes while reducing opportunities for error.
• Minimizes the security risk inherent with maintaining Bank and Customer information in multiple systems.
• No Single Source Interface fees for Bank - selected best of breed 3rd party applications.
• Provides a flexible operating model to quickly respond to regulatory changes.
• Establishes a foundation for 'New and Unique' financial products for differentiation in your institution's market.
• Enables new applications and features at no additional cost without comprehensive system upgrades. Future applications provided at no additional cost.
• Provides your Bank with a real-time view of your current financial position to improve funding decisions, daily investment decisions, and reduce non-earning assets.
• Simplify vendor management, application management and training on a common system.
• Simplify audit and employee security parameters on a single system.
• Nearly unlimited statement customization as all information (core data, transactions, images) resides in a single system. You can customize statements based on delivery selection (i.e. print or internet banking delivery).
• Development initiatives prioritized by client financial institutions.
• Improve fraud detection with advanced real-time methodologies for merchant capture, teller capture, internet banking and others.
• On-line real-time information is available to all customer touch points.
• Extended audit trail and transaction history - all transactions for all account types can be maintained on-line forever.
• True system redundancy with built-in disaster recovery.
• Institution and end user defined look and feel options.
• Going green - the most environmentally friendly core solution in the market.