CAF BANK signs for BM+ IFM, IDOM's Internet Banking Solution

CAF BANK signs for BM+ IFM, IDOM’s Internet Banking Solution

After signing for BM+ IFM, IDOM’s functionally rich, Internet Banking solution, Peter Mitchell, CAF BANK’s Head of Banking Services commented;

"Throughout the selection process we were very impressed with the level of banking knowledge displayed by Clive Bowles and his team at IDOM. We offer a full range of services and were looking for a fully integrated solution that enables us to expand our services and client base without adversely affecting our costs. BM+ IFM meets those aspirations. Our current system offers enquiry functionality only, whereas the transaction processing capabilities within BM+ IFM, coupled with leading edge security features, will allow us to significantly improve the service to our clients without the need to recruit additional people."

Pete Bottomley, Head of Client Solutions at IDOM said "To ensure that BM+ IFM meets the needs of the bank, now, and in the future, we held a number of mutually beneficial demo’s and workshops. The project is underway and all is progressing according to plan. Some of the new BM+ IFM functionality such as Secure Messaging, Banded Authorisations and a ‘For and on Behalf of’ capability, ideal for Trust type customers, will be a significant benefit to CAF BANK and its clients.

Pete continued, "BM+ IFM is currently used by banks in London & Birmingham in the UK, the Channel Islands and in the Caribbean. Until now, small and medium sized financial organisations have found it difficult to justify the expense of such a functionally rich solution. Our pricing model changes that. We are also talking to a number of banks that are considering upgrading from first generation solutions offering little more than account balance enquiries"

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