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.
Custom reports, email notifications
Cheque production and printing
Electronic data interchange - deposits, statements, confirmation reports, government forms etc. handled between institutions using industry standard EDI and/or custom formats.
Shared across departments
Lifecycle / workflow enforcement
Audit trails / notes
Customized search and grouping
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Standalone or hosted (ASP)
GUI based, SQL client-server
Real-time
Flexible access controls
Integrates with any commercial accounting package or core banking system

