Digital IMS Cloud has migrated number of banks from a manual MS Excel based budgeting and reporting process to centralized budgeting and forecasting systems. Digital offers pre-built banking models allowing customers to jump start
Planning & Budgeting models to project the interest income, non-interest income, interest expense, non-interest expense across different portfolios, branches Measure product, branch and customer profitability
Reconcile transactions coming from core banking platform to GL, Check to Bank, Federal Reserve and ensure integrity of data across millions of transactions per week.
Close financials in a timely manner with the ability to report daily, monthly average balance and YearToDate average balance