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Demand Account Reclassification
Detailed Overview
What It Does
What It Does For Me
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Mutual Fund Sweep

The Reserve

What It Does For Me

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.

 


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