Open Solutions, Inc.

Open Solutions’ relational-based enterprise core data processing application, The Complete Banking Solution, offers a fully-integrated, customer-centric solution designed to help financial institutions better serve their customers. The capabilities that this technology provides lets a financial institution more readily turn information in knowledge. The system supports all of an institution’s core-processing requirements, including deposit and lending account processing, customer information reporting and federal regulatory compliance. It eliminates the need for complex and costly branch automaton software systems for teller and platform terminals. Marketing, CIF, Investor Reporting and Home Banking/Internet capability, along with a host of other features, are all built in to The Complete Banking Solution. Prospecting for new customers and cross selling to existing ones is easy with Open Solutions’ core-processing system. Because the relational database is customer-centric and not built around account numbers, information about prospects can be captured and readily accessed for target marketing purposes. Compiling lists of prospects in specific age groups, geographical areas, or with other demographic characteristics is quick and easy. Complete and accurate customer profiles can be obtained with the click of a button. The system is easy to learn, easy to use and easy to maintain. Very quickly, it will enable an institution to simplify operations, improve customer service, market to new prospects and reduce overall data processing and operational costs.