FIS CallReporter Premier
Introduction
In the ever-evolving landscape of financial regulations, U.S. banks face numerous challenges in preparing and submitting their FFIEC quarterly call reports. To address this need, FIS CallReporter Premier has emerged as a trusted solution, utilized by more than half of all U.S. banks. This comprehensive software is designed to be both feature-rich and user-friendly, making it an ideal choice for banks seeking to streamline their call report preparation and submission processes.
Key Benefits of FIS CallReporter Premier
FIS CallReporter Premier offers a multitude of benefits that make it an indispensable tool for U.S. banks. Some of the key advantages of this software include:
- One-click transmission of completed Call Reports to CDR: With FIS CallReporter Premier, banks can easily transmit their completed call reports to the CDR (Call Report Database) with just a single click. This feature saves time and reduces the risk of errors, ensuring that reports are submitted accurately and on time.
- Access to complete FFIEC instructions and edit checks in the software: The software provides banks with access to comprehensive FFIEC instructions and edit checks, ensuring that they are aware of all the necessary requirements and guidelines for preparing and submitting their call reports.
- Retrieve prior period call report data in seconds: FIS CallReporter Premier allows banks to quickly retrieve prior period call report data, making it easier to track changes and trends over time.
- Amend and re-transmit Call Reports: In the event of errors or changes, banks can easily amend and re-transmit their call reports using the software.
- Automatic software updates via the Internet: FIS CallReporter Premier ensures that banks have access to the latest software updates, ensuring that they are always compliant with the latest regulations and guidelines.
- Annual Disclosure Statement automatically prepared at year-end in publishing format: The software automatically prepares an Annual Disclosure Statement at year-end, making it easier for banks to meet their reporting requirements.
- Contrast bank performance over the last six quarters: FIS CallReporter Premier enables banks to compare their performance over the last six quarters, providing valuable insights into their financial trends and performance.
- Calculator feature copies values directly into line-item cells: The software's calculator feature allows banks to easily copy values directly into line-item cells, reducing the risk of errors and increasing efficiency.
- Notes feature documents important information for a particular cell and carries forward from quarter to quarter: FIS CallReporter Premier's notes feature enables banks to document important information for a particular cell, which can be carried forward from quarter to quarter, ensuring that all relevant information is readily available.
- Export Call Report data to other software systems or through e-mail: The software allows banks to export their call report data to other software systems or through e-mail, making it easier to share information with stakeholders and partners.
Integration with TimeSaver Premier and RiskReporter
FIS CallReporter Premier can be integrated with TimeSaver Premier and RiskReporter add-ons to create an automated call report solution. TimeSaver Premier enables direct core processor integration, while RiskReporter provides granular control over risk-based capital compliance reporting. This integration enables banks to streamline their call report preparation and submission processes, reducing the risk of errors and increasing efficiency.
Personalized Client Service and Regulatory Expertise
FIS CallReporter Premier is backed by personalized client service, a longstanding association with government regulatory agencies, and expertise with bank core processing systems. This ensures that banks have access to the support and guidance they need to navigate the complex world of financial regulations.
Conclusion
Q: What is FIS CallReporter Premier?
A: FIS CallReporter Premier is a comprehensive software solution designed to help U.S. banks prepare and submit their FFIEC quarterly call reports. It is a trusted solution used by more than half of all U.S. banks.
Q: What are the key benefits of using FIS CallReporter Premier?
A: Some of the key benefits of using FIS CallReporter Premier include:
- One-click transmission of completed Call Reports to CDR
- Access to complete FFIEC instructions and edit checks in the software
- Retrieve prior period call report data in seconds
- Amend and re-transmit Call Reports
- Automatic software updates via the Internet
- Annual Disclosure Statement automatically prepared at year-end in publishing format
- Contrast bank performance over the last six quarters
- Calculator feature copies values directly into line-item cells
- Notes feature documents important information for a particular cell and carries forward from quarter to quarter
- Export Call Report data to other software systems or through e-mail
Q: Can FIS CallReporter Premier be integrated with other software solutions?
A: Yes, FIS CallReporter Premier can be integrated with TimeSaver Premier and RiskReporter add-ons to create an automated call report solution. TimeSaver Premier enables direct core processor integration, while RiskReporter provides granular control over risk-based capital compliance reporting.
Q: What kind of support does FIS CallReporter Premier offer?
A: FIS CallReporter Premier is backed by personalized client service, a longstanding association with government regulatory agencies, and expertise with bank core processing systems. This ensures that banks have access to the support and guidance they need to navigate the complex world of financial regulations.
Q: Is FIS CallReporter Premier compliant with the latest regulations and guidelines?
A: Yes, FIS CallReporter Premier is designed to be compliant with the latest regulations and guidelines. The software is regularly updated to ensure that it meets the changing requirements of the FFIEC and other regulatory agencies.
Q: Can I try FIS CallReporter Premier before committing to a purchase?
A: Yes, FIS CallReporter Premier offers a free trial or demo, allowing banks to test the software and see its features and benefits firsthand.
Q: How do I get started with FIS CallReporter Premier?
A: To get started with FIS CallReporter Premier, simply contact FIS or visit their website to learn more about the software and its features. A representative will be happy to guide you through the process and answer any questions you may have.
Q: What kind of training and support does FIS CallReporter Premier offer?
A: FIS CallReporter Premier offers a range of training and support options, including online tutorials, user guides, and personalized support from experienced professionals. This ensures that banks have the knowledge and expertise they need to get the most out of the software.
Q: Can I customize FIS CallReporter Premier to meet my bank's specific needs?
A: Yes, FIS CallReporter Premier can be customized to meet the specific needs of your bank. The software is highly configurable, allowing you to tailor its features and functionality to suit your unique requirements.
Q: How does FIS CallReporter Premier help me stay compliant with regulatory requirements?
A: FIS CallReporter Premier is designed to help banks stay compliant with regulatory requirements by providing access to complete FFIEC instructions and edit checks, automatic software updates, and a range of other features and tools. This ensures that banks have the information and support they need to meet their reporting requirements and avoid non-compliance penalties.