A CSi Solution for Jack Henry Streamline

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Allyson Warren
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A CSi Solution for Jack Henry Streamline Compliance Logic System, or CLS, is software that allows your compliance officer to create unique disclosures based on your institution s products and

1 A CSi Solution for Jack Henry Streamline Compliance Logic System, or CLS, is software that allows your compliance officer to create unique disclosures based on your institution s products and policies from the desktop and fully integrated into Jack Henry Streamline. As a compliance partner of Jack Henry, Compliance Systems, Inc. (CSi) delivers comprehensive product solutions to financial institutions, all backed by CSi s compliance warranty and all integrated by Jack Henry. Page 1 TEL

2 A Flexible Solution CLS is not engineered by engineers for engineers. It s designed around the natural workflows of financial professionals by people who have worked in the financial industry and understand what you need from compliance documentation. CLS is flexible enough to accommodate your unique product definitions and gives you personal control over your disclosures: when institution policies change or new products are developed, you can quickly and easily update disclosures the same day without additional costs or delays. Page 2 TEL

Why CLS? Because product policies vary from bank to bank, static forms and preprinted brochures cannot adapt well to a financial institution s need for customization.

CLS integrates with your Jack Henry Streamline system so that these custom disclosures print at account opening or loan origination along with other required

3 Why CLS? Because product policies vary from bank to bank, static forms and preprinted brochures cannot adapt well to a financial institution s need for customization. CLS addresses that need for customization in a way that safeguards institutions from compliance risk while saving time and reducing overall cost. CLS integrates with your Jack Henry Streamline system so that these custom disclosures print at account opening or loan origination along with other required documentation all through Jack Henry Streamline. There are no product gaps and no need to purchase expensive, customized forms or brochures to comply with disclosure requirements. Page 3 TEL

4 How It Works CLS walks the financial professional through an automated compliance interview that presents a series of questions about bank policies and products. CLS is designed to present the compliance topics that need to be addressed for the disclosure at hand based on your specific state laws, and it modifies the compliance interview based on responses that are given to previous questions. CLS asks the right questions about your institution s product so that your custom disclosure is precisely tailored to match your product s features. The result? An electronic disclosure template, incorporated into your Jack Henry Streamline system, that prints with other documents required for loan origination or account opening / maintenance. Page 4 TEL

5 Intuitive Compliance CLS is easy to use and guides users through the process of customizing disclosures using real-world banking language. Common choices are built into the system to help users complete the compliance interview quickly. CLS knows when information should come from the Deposit platform system and reserves space for that information. The platform system can replace those reserved spaces with applicable data that is maintained in the platform, such as interest rates. When disclosures are printed, all data is merged appropriately from the platform system. No check boxes are necessary to enable document sections. No blank fields are printed for manual completion. CLS produces complete, customized disclosures that require no additional work to complete. Page 5 TEL

Cost Effective The flexibility of CLS translates into flexibility for your product lines. With CLS, your institution can develop a new product and be documenting it properly as soon as the same day.

6 Cost Effective The flexibility of CLS translates into flexibility for your product lines. With CLS, your institution can develop a new product and be documenting it properly as soon as the same day. When you need to update disclosures for modified policies or products, you do so through CLS in just minutes. There is no need to worry about an outdated booklet inventory, and you don t have to go through an outside company or lengthy, expensive review or customization processes. CLS allows you to create an unlimited number of disclosures for an unlimited number of products, giving your institution the freedom to customize its product offering without additional documentation expenses. You save time and money while maintaining optimum control over your disclosures. Page 6 TEL

7 Efficient Risk Management CSi keeps CLS updated for you. If a law changes or a regulation is modified, CSi updates the software automatically. Then your compliance officer simply runs the saved interviews again to respond to the new regulatory parameters. You save time and money when revised disclosures are needed, and you maintain regulatory compliance. With CLS, the cost and risk associated with custom forms and booklets are eliminated. CLS disclosures do not rely on check boxes or blank fields that must be manually completed, reducing the risk of compliance error. They print at the same time as other required disclosure documents, reducing the chance that personnel may overlook the documents. And CLS disclosures are easy to create, easy to maintain, and much easier for customers to read and understand. CLS easily accommodates the migration of current policies and products into CLS, allowing you to leverage existing compliance efforts. Page 7 TEL

8 Compliance Confidence When compared with our competitors, the CSi compliance warranty is superior. If you read the fine print, you will find the $20,000,000 warranty offered by our main competitor is an aggregate for all customers nationwide. The CSi warranty is $1,000,000 per customer per year with no aggregate caps. If there were problems with the competitor s warranty, the $20,000,000 in aggregate liability could easily be used up on a few large banks, making it very unlikely a particular bank would collect on the warranty. All banks are assured of at least $1,000,000 of annual protection with CSi. Page 8 TEL

9 Schedule Your Free Demo from CSi Learn more about how your institution can benefit from Compliance Logic System. Call CSi at , extension 204, and ask Julie Mead for more information. Page 9 TEL

10 CSi: Pioneering New Ideas Compliance Systems, Inc. (CSi) leads the market with new ideas in how to combine compliance logic and technology to more effectively document transactions in the financial industry. CSi s products leverage a single, datadriven system to dynamically assemble accurate documentation for all key business lines, including mortgage, consumer and commercial lending, deposit, and IRA accounts. For over 25 years CSi has set the standard for industry best practices and delivered competitive advantages to its partners and financial institution customers. Page 10 TEL

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