The IAA 8.5 release has been in production at a top 25 global financial institution for more than 9 months after a successful beta project. The IAA solution has demonstrated the ability to support global billing through centralized operations in more than 200 currencies and 250 unique tax-processing regions.
The IAA solution is a proven solution widely used by leading global financial institutions, and currently supports billing for over $7.5 billion (USD) in annual cash management service fees.
"This release of IAA further illustrates our continued commitment to bring valued added solutions to our clients through our proven and robust Infopoint product line", said Brian Pierce, President and COO of TriSyn Group. "TriSyn Group has repeatedly demonstrated the ability to support the requirements of the largest global banks."
"TriSyn has been monitoring global commercial billing trends for years. The desire by multi-national corporations to consolidate banking and treasury relationships, and the needs of financial institutions to generate additional revenues provided a clear path to undertake this AN enhancement," said Michael D. Hattery, SVP, Marketing for TriSyn Group. "Multi-currency and advanced tax processing - coupled with our scalability and flexible bank fee pricing programs - positions IAA to be the clear choice for institutions to support their global customer base."
The IAA 8.5 release also delivers powerful new pricing capabilities called "Promotional Smart Waives". This capability allows Relationship Managers to easily attract new business and deepen their existing client relationships using creative incentive and service pricing options.