Peoples National Bank Selects Systemware for Loan Document Management Solution
Addison, TX – February 10, 2009 -- Systemware, Inc. today announced that Peoples National Bank headquartered in Colorado Springs, Colorado, has selected Systemware FS for Loans to proactively manage the lifecycle of their commercial lending documents. With Systemware, Peoples will improve operational efficiencies, lower costs, and deliver an enhanced level of service to customers while addressing compliance and regulatory requirements.
Peoples chose Systemware to replace an existing imaging solution that was no longer able to meet their needs. Systemware FS for Loans provides financial institutions the ability to securely scan, capture, store, and access all loan documents across the enterprise. The solution proactively alerts and reports exceptions to loan officers and loan administrators, as well as generates email messages and letters to notify customers of missing or expired documents. Systemware manages all loan applications, collateral documentation, financial statements, tax returns, and other critical documents required throughout the life of the loan. The solution is used with JHA Silverlake and Harland CreditQuest.
“The Systemware FS solution is a critical component in meeting our financial objectives. We chose to upgrade our imaging and document management systems to make us more efficient,” said Jennifer Klaus, Vice President and Director of Credit Administration for Peoples National Bank. “This solution allows Peoples to lower our cost structure and position us for strong returns in the future. “
Systemware provides a robust, configurable and scalable application suite to address the dynamic document and content management needs of financial organizations – from community banks to the largest international financial institutions. The solution has enabled financial institutions to eliminate paper, meet compliance requirements, gain efficiencies in operations and deliver a consistent level of service to their clients through any channel.
“Systemware is pleased to add People National Bank to our rapidly expanding family of satisfied financial institutions that depend on Systemware solutions each and every day,” said Todd Hunter, Director Financial Services Solutions for Systemware. “Peoples is gaining the leading loan document management solution to proactively manage critical loan documents which will enhance their performance and service to their customers.”
About Peoples National Bank
For more than 60 years, Peoples has served the banking and mortgage needs of the Colorado region. As a community bank and mortgage company, we offer the personal attention and convenience you need, but also the resources of a larger institution. Through our holding company in Colorado Springs, Colorado, Peoples National Bank and Peoples Mortgage Corporation are part of a network of sister banks in Colorado, Kansas and New Mexico. For more information, visit www.epeoples.com.
