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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
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neil.allen@wolterskluwer.com

NEWS RELEASE FROM: Bankers Systems Inc.
ADDRESS: P.O. Box 1457, St. Cloud, MN 56302-1457
FOR INFORMATION, CONTACT: Peggy Wilson,
Director of Business Communication
PHONE: 1-800-397-2341, extension 5260
E-MAIL: peggy.wilson@bankerssystems.com

Bankers Systems Makes Tailored Privacy Documents Faster And More Convenient With New On-line Tool

ST. CLOUD, MN, July 27, 2000—Bankers Systems, Inc. (BSI), the leader in compliance solutions for the financial services industry, announced today that customers will soon be able to generate tailored privacy documents on PrivacyHeadquarters.com using docCreator, its newest on-line innovation.

DocCreator allows financial institutions to initiate tailored documents—beginning with privacy disclosures—over the Internet. To use the docCreator technology, financial institutions simply log on and answer a series of questions about their privacy policies. DocCreator then uses the information to facilitate the development of privacy disclosures that are tailored to the business needs and policies of that financial institution. In addition to providing faster delivery of the privacy disclosures, docCreator offers institutions a number of ordering options to meet their operational needs. Customers can choose from:

  • Printed disclosures to hand to customers or include in mailings
  • Web documents to use on the financial institution’s web site
  • Electronic documents to use in the customer’s proprietary software or embed into their data processor’s platform
  • Electronic format to integrate into Bankers Systems’ Arta and Rembrandt documentation software

"DocCreator is another example of how Bankers Systems uses technology to provide our customers with compliance solutions in the way they want to do business," said John Bryant, Vice President of Marketing at Bankers Systems. "For professionals who prefer the convenience of the Internet, it provides them with greater efficiency, faster turnaround, and convenient access—24 hours a day, seven days a week."

As the financial services industry begins to pick up the pace in providing on-line options to consumers, it is also beginning to embrace the Internet for business operations. Many institutions recognize it as a safe, efficient way to do business and are ready for even more on-line uses.

"In a recent survey, 38 percent of our customers were interested in an Internet tool to create tailored privacy documents from Bankers Systems," said Bryant. "By launching docCreator for privacy disclosures, we’re not only making that tool available to them but developing the foundation for on-line documentation for many other types of compliance transactions."

Accessing DocCreator

DocCreator can be accessed through Bankers Systems’ web site as well as the company’s recently released PrivacyHeadquarters.com, a comprehensive site dedicated exclusively to privacy issues related to the financial services industry. PrivacyHeadquarters.com offers professionals in banking, insurance, and securities a single site to access authoritative information from Bankers Systems’ Expere knowledge base at no cost.

"Bankers Systems’ core competency is in tracking and translating federal and related state regulatory issues and providing timely solutions that help our customers respond to compliance challenges," said Bryant. "The majority of banks in the U.S. turn to us for information, assistance, and cost-effective solutions to address regulatory mandates and opportunities. DocCreator and PrivacyHeadquarters.com are just two ways we are making privacy compliance more convenient."

For more information about docCreator and privacy compliance, visit the company’s exclusive financial privacy web site, PrivacyHeadquarters.com.

About Bankers Systems

Bankers Systems, Inc., a CCH INCORPORATED company, is a leading national provider of compliance resource solutions for financial institutions and their legal counsel. The company serves more than 12,000 financial services organizations, and its compliance solutions are used by 83 percent of banks in the U.S. Its deposit, lending, and retirement plan document modules and other solutions are used by over 60 of the leading core processors and systems integrators. Customers include banks, credit unions, finance companies, brokerage companies, and mutual fund companies as well as industry providers. To learn more about Bankers Systems, Inc., visit its web site at www.bankerssystems.com.

Bankers Systems Inc. and Rembrandt are registered trademarks and Arta, Expere, and docCreator are trademarks of Bankers Systems, Inc.

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