Open Solutions Inc - TCBS/TCCUS: DNA platform | The Complete Banking Solution (TCBS), TotalPlus
The Complete Credit Union Solution (TCCUS) - see also Open Solutions Canada
Overview:
Open Solutions Inc (OSI) is a US corporation that provides information processing and software products and services for banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally. The full OSI suite of products creates a fully-featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, digital document, interactive voice response, network services, Web hosting and design, and payment and loan origination solutions. OSI can deliver industry-standard payment (credit card, debit card, chip and internet) transaction processing solutions.
Platforms:
TCBS - Microsoft .NET / Oracle (open relational database)
TotalPlus - mainframe and "thin client"
TCCUS - - Microsoft .NET / Oracle (open relational database)
Products: TCBS/TCCUS: DNA platform
The Complete Banking Solution (TCBS) - In-house or Outsourced
TCBS is a stable and flexible banking platform capable of supporting both retail and commercial business in a truly customer-focused fashion. TCBS presents a full customer view instead of just the traditional account level view.
Functional features include:
- Core-based teller and platform - integrated retail delivery, including teller and platform processing
- Single deposit and lending system - deposit and loan product support including savings, checking, time deposit, retirement capabilities, commercial, consumer and real estate lending, and more
- Real-time memo post or hybrid transactional processing options
- Rapid creation and control of unlimited numbers of products and related rate screens
- Customer-centric banking with our relationship-based central information file (CIF) and Customer Relationship Management (CRM) capabilities
- Streamlined operations
- Online signature and photo identification
- Relational Service Charging
- Marketing-focused processes
- Data mining
- Multi-lingual capability
- Multi-currency processing
TotalPlus - Outsourced
TotalPlus serves commercial banks, savings banks, and thrifts with integrated, enterprise-wide automation in an outsourced environment. This enterprise-level platform supports both front and back-office operations and is well suited for institutions in the $5-30 billion asset range, including extremely large commercial banks and superregional thrifts. The functionality and operating flexibility of this mature platform enables very large institutions to develop complex books of business in distinct vertical markets such as commercial lending, mortgage lending and servicing, and other areas to successfully compete with national and super-regional organizations. Functionality covers: Retail Services, Commercial and Corporate Services, Mortgage Banking, Relationship Management, Branch Automation, eBanking, Business Intelligence, Risk Management
Clients:
(IBS 2007 primarily universal banking | TCBS, TCCUS | Total Customers: 1160 / New Signings in Yr: 7)
Bank of Easton, Easton, MA USA (TCBS)
Berkshire Bank, Pittsfield MA USA (TCBS)
Canandaigua National Bank and Trust Co, NY USA (TCBS)
OBA Bank, Germantown, MD USA (TCBS)
Piedmont Federal Savings and Loan, Winston-Salem, NC USA (TCBS)
Contact:
Open Solutions Inc
455 Winding Brook Drive
Glastonbury, CT 06033
Tel: 860.652.3155, 1.800.226.5674
Fax: 860.652.3156
