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"That we were able to meet our own regulatory obligations and build a
solution for others is credit to the flexibility of our business software
and our development team."
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"U.S. banks should seek to become Basel
II compliant as soon as possible to reap
the benefits of lower capital requirements
and the business benefits of reallocating
the capital that Basel II compliance
enables. [...] Versabanq now is hoping to share its
Basel II expertise with U.S. banks."
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"...We are providing this tool at no cost to give customers a feel for the tremendous versatility and ease of use of our banking software. Many small financial institutions struggle to accommodate their customers' request for custom amortization schedules by using spreadsheets, which can be time consuming and prone to error. AMS and DMS truly are software you can bank on."

Come meet the Versabanq team at the Federation of Canadian Independent Deposit Brokers (FCIDB) conference and tradeshow, September 30 - October 2, 2007, in Montreal.
Versabanq AMS (Asset Management System) has seen more than five years of
development and production use by Pacific
and Western Bank of Canada. Now available as a separate software
product, it can help small and medium-sized banks manage their complete
lending portfolio (inculding term loans, leases, mortgages, and other
assets).
Explore AMS
London's bank is getting into the software development business. "We're very excited about this. It's very rare a bank will do this kind of work."
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David Taylor, President & C.E.O. of Pacific & Western Credit Corp. (TSX:PWC), is pleased to announce that it has created a new subsidiary called Versabanq Innovations Inc. Versabanq develops, markets, sells and implements software for financial institutions, particularly banks.
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