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This data is used in compliance testing, time series analyses and exception reporting, as well as to manage the firm’s data integrity program.“BSI ASSET360 represents a smarter way to service loans,” says Gagan Sharma, president and CEO of BSI Financial, in the release.“I can look at every loan every day, and ASSET360 tells me where the exceptions are and allows me to catch exceptions much faster.”“Having a common frame of reference takes the mystery out of servicing performance,” adds Jared Walsh, senior vice president of analytics and conversions at BSI Financial.
External asset managers also needed to have easy access.
Higher data-quality and reduced operational risk has been achieved by straight through processing which removes the need to switch between different systems and perform double data-entry.
Now, opening forms are automatically created and users enjoy an intuitive and guided user interface and workflows.
Additional services can be loaded later as an app, which means they can be offered to end customers individually.
The measuring point operator creates the conditions for attractive value-added services through the use of the smart meter gateway and its added-value service capability.
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By integrating customer due diligence checks for KYC, Name Matching and AML, BSI can now fulfill regulatory requirements with ease and is able to adapt to new regulation more quickly.