Lincoln, Nebraska – September 16, 2010 Automated Systems, Inc.(ASI), a specialist in providing integrated technology systems and solutions to financial institutions, today announced the availability of dynamic deposit documents through its Insite iDeposit™ product. Fully integrated into the Insite Banking System™, iDeposit™ leverages the CSi IntelleDoc Solutions™–a dynamic documentation system of Compliance Systems, Inc. (CSi).
iDeposit™ provides account opening capabilities that link directly to the core Insite Banking System™–adding efficiencies and eliminating duplicate data entry. With the integration of CSi IntelleDocs, iDeposit™ not only collects data to open a deposit account, but it seamlessly selects the correct documents and produces an accurate, complete document set specific to the transaction.
“The addition of the CSi IntelleDocs™ provides automated assurance of compliance and accuracy for deposit transactions,” said Bradley R. Perry, ASI VP of Operations. “Those capabilities deliver tremendous value to our customers because they can feel at ease knowing every transaction is properly documented and the system verifies the data collected for each transaction to help manage risk.”
CSi’s IntelleDoc Solutions™ validates accuracy of transaction information, automatically selects the correct documents, and dynamically assembles documents specific to the deposit transaction. This functionality is paired with CSI’s Compliance Logic System™ that allows a financial institution to create and maintain their own disclosures for Truth in Savings, Funds Availability, Electronic Funds Transfer, and Privacy. The need for financial institutions to purchase and inventory separate disclosures is completely eliminated.
” ASI has a long history of developing integrated solutions that are scalable and proven in the market,” said Dennis Adama, CSi President. “The combination of our mutual strengths and customer-comes-first focus helps our joint customers stay ahead of the curve and reduce overall compliance risk.”
About Compliance Systems, Inc (CSi)
Compliance Systems, Inc. (CSi) leads the market with new ideas in how to combine compliance logic and technology to more effectively document transactions in the financial industry. CSi’s products leverage a single, data-driven system to dynamically assemble accurate documentation for all key business lines, including mortgage, consumer and commercial lending, deposit, and IRA accounts. For over 25 years CSi has set the standard for industry best practices and delivered competitive advantages to its partners and financial institution customers. CSi is headquartered in Grand Rapids, MI. For more information about CSi, please visit www.compliancesystems.com. Contact Tom Cummings, tcummings@compliancesystems.com, 407-352-8785.
About Automated Systems, Inc.
Automated Systems, Inc. (ASI) has built strong relationships with community banks since 1981 to create the technological solutions necessary to address community bank management’s needs. ASI develops and supports software to help its customers operate efficiently and effectively. ASI also provides network support and consultative services to enable clients to maximize the latest technologies.
ASI corporate headquarters are at 1201 Libra Drive, Lincoln, Nebraska 68512, 402.420.6000 or 800.279.7312. For more information about the banking solutions from ASI, visit www.asiweb.com.
About Insite Data Services™
The Insite Banking System™ is a complete in-house or hosted core data processing solution utilizing a 100% Microsoft Windows environment: no Unix, no AS/400 and no mainframe. Automated Systems provides directly integrated solutions: image teller solution, check and document imaging, real-time telephone and real time online banking with remote capture. For more information about hosting from IDS, visit www.insitedataservices.com.