Compliance   

The compliance landscape is changing. Since 9/11, regulators have required greater anti-money laundering (AML) oversight from financial institutions – including closer monitoring, more comprehensive analytics and detailed case management history. And with the more recent subprime lending crisis, federal regulators are stepping up their demands for more stringent regulatory compliance.

There is a lot on the line for financial institutions, and any misstep could result in criticism from examiners, monetary loss from penalties and enforcement actions, and even civil litigation from lending-related compliance violations.

FIS’ reliable compliance training, consulting and proven technology solutions help your financial institution maximize its resources to manage money laundering and regulatory compliance requirements. We can help:

• Educate you and your team about evolving regulations and provide practical interpretation of the rules
• Prepare you for upcoming examinations by developing the necessary policies and procedures
• Guide you through the implementation of compliance policies and procedures
• Recommend and support you with more effective and cost-efficient compliance automation solutions
• Support you with ongoing assistance with risk assessments, program reviews and best practices guidance

CallReporter™

Over 5,600 banks use our CallReporter software to prepare and submit their FFIEC call reports. CallReporter software uses the power and ease of Microsoft Windows® to deliver convenience, reliability and the most advanced and productive call report system in the market today. Benefits include convenient Internet delivery and updates, real-time error checking using regulatory agency edits, on-line FFIEC instructions, bank performance ratios and Internet access to peer group reports.

Y9Reporter™

Y9Reporter, approved by the Federal Reserve for U.S. bank holding companies, is a program that prepares and electronically submits quarterly Y9-C and Y9-LP reports. The first Windows®-based software system for holding company FRB reporting, this is the most advanced user-friendly solution for streamlining these critical reports. Bank data is imported automatically, and over 150 edit checks warn you of possible errors. Multiple holding company processing allows the creation of an unlimited number, and you have the ability to maintain a separate report for each subsidiary. Fast, easy electronic report submission through the Fed-Line eliminates the need to mail hard copies.

RiskMonitor™

Our RiskMonitor program is powerful, yet cost-effective software that analyzes your bank's interest rate risk profile on a quarterly basis for interest rate changes. RiskMonitor comes with 20 quarters of the most recent call report data, providing important historical trends that are used by the program's interest rate models. In fact, RiskMonitor's call report information is the same data regulators use to do their analysis.

FR2900™

Streamline your FR2900 series reporting quickly and easily. FIS offers an economical and efficient Windows-based application that enables you to automatically prepare, error check and electronically submit your reports directly to the Federal Reserve. For FR 2900, FR 2950 and FR 2951 reporting.

Financial Manager™

Financial Manager from FIS takes budgeting and financial management reporting to a higher level. Powerful, convenient and easy to use, this program creates accurate and professional budgets, financial statements, board reports and comparison models. The software is easy to install and comes with predefined standard bank budget categories and descriptions.

Contingency Planning™

This written contingency plan includes vital information and a detailed recovery strategy for every department in your institution. It ensures the survival of customers because service is re-established within a minimal time frame in the event of a disaster. The plan is tested annually and meets FDIC requirements.