NCR Corp., Dayton, Ohio, has extended its marketing agreement with Financial Technology Inc., and will begin offering the Chicago-based firm's investment accounting and management system to new and existing account processing customers.
The system automates the management of a financial institution's investment Portfolio and helps provide instant access to detailed information.
The system is directed to those institutions that track their investments on internally developed spreadsheets or use correspondent bank services to manage their portfolios.
The system uses "common user-access standard" screens that feature pull-down menus, mouse support, context-sensitive help, and built-in graphical presentation capabilities. The system offers telecommunications options such as market pricing, paydown factors, quality ratings, and variable rates. In addition, the system enables investment managers to effectively implement the increased regulatory requirements of FAS 91, FAS 107, FAS 115, the Office of Thrift Supervision schedule consolidated maturity rate, and the call reports of both the National Credit Union Administration and the Federal Financial Institutions Examination Council. The system runs on DOS, Windows, or OS/2 of NCR's System 3000 platform or any standard IBM-compatible personal computer.