Influenced by a financial institution holding company, CAA 3.06 supports a single blueprint of services. These services can be shared by any bank affiliated within the holding company, thereby reducing redundancy.
Also part of the release, View 360 Reports - a separately licensable component of CAATM, has been enhanced to support a series of web-based reports that bring valuable information into view for bank officers, salespeople and product management. This brings real time intelligence to institutions so account changes can be easily monitored. Other View 360 components include Statement Viewing and Account Modeling. The Statement Viewing solution provides immediate access to statements by authorized personnel and provides a green solution by not printing statements. Account Modeling is a web-based tool that shows potential customers the value of banking with your institution, and can be used to propose new pricing to existing customers. All View 360 components are available separately so an institution can customize their solution. WFG now also offers Account Analysis Modeling, which can run independently of the CAA Suite and provide any bank valuable sales tools used during the RFP process.
The CAA Suite strengthens core systems as a full function analysis, billing, and profitability system for evaluating commercial accounts and small business customers. The CAA Suite is capable of handling all the incoming data and presenting it insightfully for Management and Operations, including tracking and presenting balances on deposit, earnings allowances, and details of volume, price, and charges for each service. CAATM is a moderately-priced, SaaS solution that does not require a dedicated line or expensive disaster recovery