American Bank Systems appreciates support from these partners who facilitate our efforts in providing superior systems and services to financial
institutions.
ABS' strategic partners include:
Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a premier provider of compliance and technology solutions to the banking industry. Our joint marketing
arrangement brings powerful, easy-to-use technology solutions backed by highly personalized support services. ComplianceOneTM from WKFS integrates
seamlessly with BankManager®, allowing our customers to quickly and efficiently manage loans and more.
Our new partnership with Wolters Kluwer Financial Services means a more comprehensive and efficient
documentation system for you. With ComplianceOneTM and BankManager® integrated together, you can quickly
and efficiently manage loans, from opening and documentation to closing, reporting and ongoing tracking.
To read the letter from our President and CEO, [click here]
More about the BankManager-ComplianceOne integration
For current ABS GulfPak users, the ComplianceOne solution will replace the existing GulfPak solution. As a user,
you will find that ComplianceOne is a more robust and efficient system with greater functionality. In the coming months,
Wolters Kluwer Financial Services will be working with each user one-on-one to begin and complete the transition
from ABS GulfPak to ComplianceOne including a transition from ABS support to Wolters Kluwer Financial Services'
support.
Both of our companies are working hard to achieve a smooth, effective and efficient transition, keeping
the user, you, at the center of our focus.
Improving Your Loan Workflow with ComplianceOne/BankManager
ComplianceOne and BankManager take your workflow to the next level seamlessly.
ComplianceOne
First, in ComplianceOne, your loan administrator enters the application data. ComplianceOne asks for data
about the applicant, then defines information about the loan request, amounts and terms, and prints an
application and any required disclosures.
- Host/Core Download – ComplianceOne synchronizes all applicant
data with the host system or core provider. Any changes made to the host system will be updated in
ComplianceOne.
- Quick Quote, Amortization Schedule and Disclosures – You may
easily generate a "Quick Quote" for customers inquiring about a loan.
- Credit Bureau – Your loan administrator can initiate a session
with any of the credit agencies through our partnership with Kroll Factual Data. Identity verification,
HMDA and flood determinations can be accessed directly through ComplianceOne.
- Approval – Once the loan is approved, all application data is
transferred to the loan generation and closing documentation process for review. ComplianceOne
automatically selects the documents based on your institution’s policies, so there is no guesswork.
- Signature Capture – At closing, the loan officer reviews all
documents with the applicant, then the client simply signs a signature pad, which places the signature on
each form. The client may still sign a hard copy if preferred.
- Client Copies – Signed copies can be printed and the client can
take the forms once they have been reviewed and agreed upon.
- Host Upload – The data collected during forms preparation is
combined with other host system required data and uploaded to the host.
- HMDA – Data for HMDA and Community Reinvestment Act (CRA) is
collected during the forms origination and closing process and saved for each loan.
Document imaging, collateral tracking and additional functions are provided by BankManager
BankManager
BankManager is a comprehensive loan document tracking and management application, providing:
- Superior collateral and exception tracking
- An image document repository with pre-defined loan folders
- Independent set up for each piece of loan collateral-including required and optional documents –
each with their own renewal cycle
- Enhanced customer information file that combines client data from the host system with other relational
data entered into BankManager
- A customer identification process-helping you meet the special requirements of the USA PATRIOT Act
BankManager functions:
- Imaged Docs – Maintain your loan documents electronically with
the click of a button, eliminating the need for file cabinets and folders.
- Collateral/Exception Tracking – Along with the document index
data, collateral data for the loan is transferred to BankManager and the collateral tracking information is
automatically created.
- View Loan Docs – Users can easily locate specific clients from
a drop-down list and with two clicks of the mouse view documents in the loan file. BankManager provides a
comprehensive searching function to locate account owners, types of loans, specific collateral and much
more.
- E-mail Loan Docs – Loan documents can be printed or e-mailed
directly from BankManager.
- Exception Report – BankManager has a flexible exception
reporting function. Client-ready letters or notices can be printed.
- Management Reports – BankManager provides reports for senior
management and the board to understand the status of their valuable assets – loan documentation.
- Examination Preparation – Through BankManager’s “snapshot”
capabilities, client file information can be exported to a disk for examiner review.
Visit www.WoltersKluwerFS.com for more information on
these products and more.