The system has allowed BTM to go from a paper based, labor intensive operations environment to one where STP has become the rule for most transactions. The system also provides BTM’s customers a single point where they can see their entire relationship with the bank.
OIS worked very closely with BTM to design a solution that would meet the needs of a diverse set of global customers and operations staff with distinct information and transaction entry requirements. The award winning software has been installed since April 2002. In addition to improving client service, the solution has reduced the Bank’s operational risk. Real-time processing and workflow manager services support a high degree of straight through processing and flexible work assignments. Use of open technologies allows an easy evolution with the client’s business needs.
Since 1994 Open Information Systems, (OIS) has been providing innovative Internet based solutions to Fortune 1000 companies worldwide. OIS’ ability to rapidly deliver custom branded Corporate Trust and Internet solutions for the data delivery and transaction processing needs of the Financial Services Industry is without parallel. OIS’ clients include some of the most prestigious banks, brokerage firms and industry service providers from around the world including J.P. Morgan Chase, Citibank, Bank of Tokyo-Mitsubishi, U.S. Bancorp, Bank One, and SEI Investments. OIS is the only software firm with a major research and development program focused on delivering the next generation of Corporate Trust solutions. Open Information Systems is a privately held company located in Sandy Hook, CT. For more information about the company and its products visit Open Information Systems website.
