IDS On-Time Flourishing After Year One
Tuesday, January 16, 2018 – In August of 2017, Automated Systems, Inc. and Insite Data Services unveiled a new service to new and existing clients. IDS On-Time was born and, after its first full year, is now flourishing. IDS On-Time is a full service solution dedicated to the financial institutions back office processing. This is comprised of an array of bank services including:
- Transferring and processing bank and Federal Reserve incoming and outgoing ACH and Cash Letter files.
- Deposit exception/return processing.
- Processing EFT/ATM settlement files and submitting the EFT/ATM balance files.
- Business ACH origination.
- Bill payment processing.
- Statement printing/mailing service.
- End of Day/End of Year processing.
Many of our existing clients have adopted the service and have realized significant benefits. “Having the right staff in place has and will always be critical to our success. As we transition with a new generation of staff we have identified areas of concern for operational support. Having the ability to keep one of the most important pieces of our daily process in the hands of a dedicated support team gives us the peace of mind we need.”, said Nicklaus Dalton from United Minnesota Bank.
“IDS On-Time has grown exponentially and we are excited to see where it takes us in the coming years.”, said Bradley R. Perry, President & CEO. Over the last 18 months IDS On-Time has grown to over 30 banks with 5 planning to convert in early 2018 and more considering the move late in the year. Since IDS On-Time’s inception, 89% of all new conversions have opted to utilize the service. IDS On-Time gives Automated Systems, Inc. the ability to market and reach more potential clients by providing not only a core banking solution and hosting service, but a service that focuses on the back office processing. Allowing financial institutions to keep all of their banking software needs under one roof. “It has exceeded our expectations and we are excited to have the ability to provide our existing and future clients with such an outstanding service.”, said Bradley R. Perry.
About Insite Data Services
IDS data application hosting services combines secure and cost-effective core banking applications, enterprise-class servers and storage, and proven virtualization technology. IDS hosts all of the bank’s servers in secure data centers that use state of the art security systems including identity verification and biometric scanning. Insite Data Services also offers IDS On-Time, a full-service solution dedicated to back-office bank processing. These operations experts allow partnered banks to focus on their most important asset, their customers. For more information visit www.insitedataservices.com.