Versabanq Innovations Inc. | Deposit Management System (DMS
The Versabanq Deposit Management System (DMS) manages and reports on its
investment products such as guaranteed investment certificates, retirement
savings plans, and daily interest savings accounts. The system was designed
to provide maximum flexibility while incorporating strong internal control
features and is scalable to any size organization.
Broker based model – not dependent on branches or heavy resource base.
Fully automated broker communications model.
Allows investment products, deposits, clients, agents and cheques to all be managed centrally.
Innovative, highly efficient source of alternative or secondary deposit gathering.
Extremely "elastic" model - highly rate sensitive to allow maximum control over both total volume and matching of deposit durations.
Cheque production and printing