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NEWS RELEASE FROM: Bankers Systems Inc.®
ADDRESS: P.O. Box 1457, St. Cloud, MN 56302-1457
FOR INFORMATION, CONTACT: Peggy Wilson,
Director of Business Communication
PHONE: 1-800-397-2341, extension 5260
Bankers Systems Makes Tailored Privacy Documents Faster And More Convenient With New On-line Tool
ST. CLOUD, MN, July 27, 2000Bankers Systems, Inc. (BSI), the leader in
compliance solutions for the financial services industry, announced today that customers
will soon be able to generate tailored privacy documents on PrivacyHeadquarters.com
using docCreator, its newest on-line innovation.
DocCreator allows financial institutions to initiate tailored documentsbeginning
with privacy disclosuresover the Internet. To use the docCreator technology,
financial institutions simply log on and answer a series of questions about their privacy
policies. DocCreator then uses the information to facilitate the development of privacy
disclosures that are tailored to the business needs and policies of that financial
institution. In addition to providing faster delivery of the privacy disclosures,
docCreator offers institutions a number of ordering options to meet their operational
needs. Customers can choose from:
- Printed disclosures to hand to customers or include in mailings
- Web documents to use on the financial institutions web site
- Electronic documents to use in the customers proprietary software or embed into
their data processors platform
- Electronic format to integrate into Bankers Systems Arta
and Rembrandt® documentation software
"DocCreator is another example of how Bankers Systems uses technology to provide
our customers with compliance solutions in the way they want to do business," said
John Bryant, Vice President of Marketing at Bankers Systems. "For professionals who
prefer the convenience of the Internet, it provides them with greater efficiency, faster
turnaround, and convenient access24 hours a day, seven days a week."
As the financial services industry begins to pick up the pace in providing on-line
options to consumers, it is also beginning to embrace the Internet for business
operations. Many institutions recognize it as a safe, efficient way to do business and are
ready for even more on-line uses.
"In a recent survey, 38 percent of our customers were interested in an Internet
tool to create tailored privacy documents from Bankers Systems," said Bryant.
"By launching docCreator for privacy disclosures, were not only making that
tool available to them but developing the foundation for on-line documentation for many
other types of compliance transactions."
DocCreator can be accessed through Bankers Systems web site as well as the
companys recently released PrivacyHeadquarters.com, a comprehensive site dedicated
exclusively to privacy issues related to the financial services industry.
PrivacyHeadquarters.com offers professionals in banking, insurance, and securities a
single site to access authoritative information from Bankers Systems Expere
knowledge base at no cost.
"Bankers Systems core competency is in tracking and translating federal and
related state regulatory issues and providing timely solutions that help our customers
respond to compliance challenges," said Bryant. "The majority of banks in the
U.S. turn to us for information, assistance, and cost-effective solutions to address
regulatory mandates and opportunities. DocCreator and PrivacyHeadquarters.com are just two
ways we are making privacy compliance more convenient."
For more information about docCreator and privacy compliance, visit the companys
exclusive financial privacy web site, PrivacyHeadquarters.com.
About Bankers Systems
Bankers Systems, Inc., a CCH INCORPORATED company, is a leading national
provider of compliance resource solutions for financial institutions and their legal
counsel. The company serves more than 12,000 financial services organizations, and its
compliance solutions are used by 83 percent of banks in the U.S. Its deposit, lending, and
retirement plan document modules and other solutions are used by over 60 of the leading
core processors and systems integrators. Customers include banks, credit unions, finance
companies, brokerage companies, and mutual fund companies as well as industry providers.
To learn more about Bankers Systems, Inc., visit its web site at www.bankerssystems.com.
Bankers Systems Inc. and Rembrandt are registered trademarks and Arta, Expere, and
docCreator are trademarks of Bankers Systems, Inc.