Information Technology & Services - Winston-Salem, North Carolina, United States
Financial institutions face challenges in consolidating reports due to disparate processing systems. Bank Informatics software can alleviate these headaches by automating data feeds from diverse systems and providing the ability to apply complex stored formulas to the merged data.Bank Informatics - a database aggregation and analytics program addressing the specialized management and regulatory reporting requirements of financial institutions.Our solution provides immediate access to data files extracted from multiple platforms and applications through one integrated analytics program. Bank Informatics dramatically reduces the preparation time for:•Bank Call Reports, •Risk Based Capital Calculations and capital modeling, •Audit Department queries, •FHLB Collateral reports, •Federal Reserve BIC Collateral reports, •Legal Lending Limit calculations, •Cash Flow modeling and projections, •The reporting capabilities are virtually endless... The program stores complex calculations within the database, thereby providing a more reliable, stable and accurate solution compared to complicated Excel spreadsheets and cumbersome core processing reporting modules.
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