ABS Consulting Services, LLC, now offering Information Technology and Security consulting and auditing services!
ABS Consulting Services provides the most current compliance auditing and consulting outsourcing services. Services include: compliance auditing;
BSA audits; Directors’ retreats; loan review; acquisition due diligence; asset/liability management; marketing/public relations; strategic planning;
and Information Technology and Security consulting and auditing services.
The consulting staff is dedicated to keeping current and to understanding all the compliance issues that permeate the banking industry. ABS'
entire focus is bank compliance, to ensure that our clients have smooth examinations backed by a dedicated staff. While we primarily focus on the
requisite audits of the regulations with which a client must comply, we are also sensitive to the identification of potential practices and/or
procedures that may lead to an increase in compliance risk.
IT Regulations and Examiners got you down? We’ve got a solution for you!
ABS Consulting Services has expanded its consulting program to include Information Technology related services. We offer best in class service at a
price point that won't "break the bank". We cover the following Information Technology areas:
IT Audit -Using our award winning CompliancePro® software, we complete a majority of the audit
offsite. In as little as one day of onsite work, the disruption to your staff and operations is kept to a minimum. By completing your annual IT Audit,
you can show the examiners that you are meeting IT regulatory requirements.
IT Risk Assessment -Don’t know where to start or how to finish? We can help. Our experienced staff can guide
you through the risk assessment process to meet the needs of your institution. Using our Threat Assessment Matrix, we can quickly identify your
institutions priority spots. And those high exposure areas? We can design a program to help mitigate and control risk.
IT Policy and Procedure Review -Focusing on industry best practices and regulation guidelines, we can tailor your
Policy and Procedure manuals to meet the institution’s goals of satisfying the regulators and protecting customer's assets with cost effective systems.
Vulnerability Analysis and Penetration Testing -The last thing any financial institution wants is to be hacked.
We know the methodologies and tools that are used to penetrate security systems. Let us help bullet proof your systems by pinpointing potential
weaknesses.
Information Technology and Security Training -IT a part time job? We can help you understand the specific needs
of IT and Security with the annual required training.
Project Management -Stuck in a never-ending project? Need help getting a project off the ground? Let our
certified Project Managers get you back on track.
ABS Consulting can organize compliance and/or loan reviews on a monthly, quarterly or semiannual basis depending on the scope and detail of
assistance requested. ABS will utilize examination procedures and reviews based on each client's specific federal regulatory agency.
Loan Review - Our loan review services are conducted through our affiliate, JW Bruce & Associates. Loan review activities are tailored to the needs
of the client- from biannual or quarterly examinations, to monthly services when our loan review associates act as the client's loan review function.
Compliance Monitoring and Internal Audit - ABS Consulting Services provide a broad array of compliance outsourcing services. Our consultants will
assist with compliance or internal audit needs or completely outsource the compliance function of the bank.
Bank Valuations - We assist our clients in various ways, including valuations of ESOP stock, estate and stock planning and acquisition valuation
analysis.
Due Diligence Services - Our consultants assist clients in the due diligence activities associated with mergers and acquisitions. These services
primarily are centered on reviewing the risk related to the target's loan portfolio.
Marketing and Public Relations - ABS enjoys a strategic alliance with Jones Public Relations Group of Oklahoma City. Clients may access important
product and public relations consulting services provided by Jones Public Relations Group.
We can provide these services separately or bundled. ABS has the right solutions for your needs.
ABS Consulting Services, LLC, is a subsidiary of American Bank Systems, Inc. ABS has been providing superior service and systems to financial
institutions since 1969.
Project Management Solutions - Managing new projects while performing your other daily responsibilities can be overwhelming, and adding staff to help
with these projects probably isn't in the budget! That's why BankSmart has developed a range of solutions to fit every budget and project scope.
SmartKitsSM - Each of our innovative SmartKitsSM includes clearly defined project plans, timelines, team member and vendor responsibilities,
as well as functional activities required to complete your project. The "best practices" content of each SmartKitSM are flexible and customizable enabling you to add or delete action items to
best suit the needs of your institution.
Bank & Branch Acquisition SmartKitSM - Any banker will tell you that successfully managing the due diligence and acquisition process is not easy.
The Bank & Branch Acquisition SmartKits will help you complete the entire process much faster and more smoothly, and your new customer’s first impressions with your bank will be more positive . . .
resulting in a happier customer that will stay with your bank!
Failed Bank Assumption SmartKitSM - Being the winning bidder for a failed institution can be a fast and lucrative way to enhance your franchise, but pulling it off successfully can be a challenge!
Branch Opening SmartKitSM - When it comes to opening branches, we know that realistic timelines, precise detail management and effective communication are the keys to making your expansion projects
as seamless as possible. Our unique, affordable, web-based Branch Opening SmartKit is specifically designed to function as a comprehensive, pre-defined project management and document collaboration tool that is easy to access and even easier to use.
Conversion SmartKitSM - Whether in-house or outsourced, BankSmart has a clear understanding of what it takes to successfully manage a data processing conversion. We have translated that knowledge
into an innovative, web-based SmartKit that is both user-friendly and affordable.
De Novo SmartKitSM - At BankSmart, we have a clear understanding of what it takes to successfully manage a de novo opening. We have translated that knowledge into an innovative,
web-based SmartKit that is both user-friendly and affordable.
Vendor Evaluation/Selection Services - When money is tight and your staff is stretched thin, a bank's vendor selection process requires a substantial amount of expertise and time researching the vendor
solutions available in the market and how they may (or may not) meet your business needs. That's where we come in....
Contract Negotiation - It's all about contracting for the right services at the best price! The BankSmart team has the expertise necessary to help your bank contract for the appropriate products
and services at the most competitive pricing. Our industry knowledge, comprehensive pricing analysis, and contract negotiation skills will save you time and money....
Contact us today and let us help you decide which of our outsourcing services or software systems best fit your institution's needs.