Bank Appreciates the Ability to Perform All Lending and Deposit Transactions Via One Platform
Wolters Kluwer Financial Services announced today that The Commercial Bank of Mason, Texas is using the company’s ComplianceOne® solution to help document lending and deposit transactions quickly, accurately and in compliance with federal and state regulations. The bank converted to ComplianceOne from Wolters Kluwer Financial Services’ ARTA Lending and Deposit documentation systems and is now one of nearly 1,300 financial institutions using the solution.
The solution connects the major areas of The Commercial Bank’s business to its core processor, Nicola Banking, through one, easy-to-manage user interface. ComplianceOne is built upon the trusted compliance knowledge and experience behind Wolters Kluwer Financial Services’ Bankers Systems brand and backed by its industry-leading warranty. And the solution offers institutions integrated access to many of Wolters Kluwer Financial Services’ Wiz compliance analytics tools.
Kim Jordan, executive assistant for The Commercial Bank, said her institution appreciates the ability to work from one common database to perform its lending and deposit transactions.
“ComplianceOne automatically populates the documents we need for both types of transactions with the correct data, which is a significant time-saver and helps reduce the potential for errors,” said Jordan. “It is now so much easier and faster for us to complete a transaction using ComplianceOne’s dynamic documents.”
Jordan added that Wolters Kluwer Financial Services’ commitment to providing excellent customer service and support also helped make the decision to convert to ComplianceOne an easy one. She noted that every time she calls the company’s customer support line, the staff who answer are friendly, patient and helpful.
“Each member of the customer support staff gets ‘gold stars’ from me for being such a valuable resource,” Jordan said.