In an effort to further increase technology capabilities to support its clients’ needs and existing business goals, San Diego, Calif.-based Bank of Southern California (OTCQB: FBBN) has partnered with Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new core technology provider.
Bank of Southern California selected CSI’s NuPoint® core solution, which will enable the bank to further expand its technology offerings to not only achieve its own business goals, but also align with its tech-savvy customers’ expectations.
While CSI’s innovative technology played a key role in Bank of Southern California’s decision to partner with the core provider, its executives point to CSI’s robust reporting capabilities and cultural alignment with the bank’s unique business philosophy as important factors in their decision.
“While working with our previous core provider, we found that the reporting capabilities and access to information was not only extremely limited, but also costly from both a time and financial standpoint,” said Pamela Isaacson, executive vice president of Bank of Southern California. “After becoming acquainted with CSI’s NuPoint core system and the company’s similar approach to providing customized support to its customers, we found them to be a perfect fit for us.”
CSI’s NuPoint is a comprehensive, customizable core banking platform. By capitalizing on CSI’s hosted infrastructure, technology resources and expert support, the bank plans to expand its presence throughout selected markets in Southern California, while also significantly enhancing its ability to service its existing clients and improve internal reporting capabilities.
“Through our relationship with CSI, we can enhance reporting throughout the bank, improving the efficiency for all departments, as well as enhancing accessibility of information,” Isaacson said. “The leading-edge technology that will soon be available to us will allow us to better serve our customers and deepen our relationships with them.”
Bank of Southern California also will implement CSI IQ, which integrates directly into the NuPoint core platform to provide a comprehensive suite of business intelligence tools that enable financial institutions to see their customer data in new ways.
“For the past 50 years, CSI has remained fiercely dedicated to investing in the latest technology innovations that will help ensure the business success of our banking customers, as well as the consumers and businesses they serve,” said Steve Powless, chief executive officer of CSI. “We look forward to developing a long, lasting relationship with Bank of Southern California, because we know their forward-thinking approach to banking will both challenge and guide us in our continued efforts to provide innovative solutions through responsive service.”