Demand Account Reclassification – Deposit reporting solution
- Allows banks to reduce their total amount of customer deposits on reserve as required by the FRB.
- Increases revenue by providing additional funds to the bank for lending or investment.
- Leverages full integration with SilverLake and CIF 20/20 general ledgers and easy-to-set parameters to support deposit reclassification with minimal human resource and related costs.