TCI Offers Wolters Kluwer Loan Documents to Client Base

TCI Offers Wolters Kluwer Financial Services’ Loan Documents to Lender Network
Sept. 8, 2011 – Wolters Kluwer Financial Services announced today that TCI, which provides web-based loan origination software offered as software as a service (SaaS), will offer the Wolters Kluwer Financial Services’ Bankers Systems® retail contracts and lease agreements to the more than 250 financial institutions using TCI’s DecisionLender.
TCI helps link credit unions, banks and finance companies with various types of merchants, including those in the furniture, appliance and automotive markets, whose customers require financing for major purchases. TCI’s DecisionLender system allows the merchant to easily send an applicant’s data to the lender, and helps the lender quickly evaluate the application and make a lending decision.
Through this new relationship, Wolters Kluwer Financial Services’ Bankers Systems® retail contracts and lease agreements will be integrated into DecisionLender. For TCI customers, this new relationship means that retail contracts and lease agreements can be easily prepared from the DecisionLender platform.
The contracts, which document financing for goods and services, are protected by the company’s limited compliance warranty and are built on more than 50 years of compliance knowledge and experience. They are maintained by Wolters Kluwer Financial Services’ compliance experts who monitor legislative and regulatory changes affecting the indirect finance industry in all U.S. jurisdictions.
“Lenders must continually ensure that they are staying on top of regulatory changes and meeting compliance requirements,” said Bill Nass, president, of TCI. “By integrating Wolters Kluwer Financial Services’ contracts with our software, we can help lenders, as well as their customers, simplify this challenge and prepare loan documents with just a few mouse clicks.”
“Like TCI, we are committed to helping lenders accelerate the loan approval process, and regulatory compliance is a key part of this,” said Jason Marx, vice president and general manager of Indirect Lending and Mortgage at Wolters Kluwer Financial Services. “Working with TCI, we can help more lenders and merchants gain access to the critical contracts they need to ensure each loan is documented accurately from the beginning.”
Wolters Kluwer Financial Services’ Indirect Lending business unit offers compliance documentation and customizable tools that address the regulatory requirements of the indirect lending market and help mitigate risk. In addition to Bankers Systems®, other prominent brands include AppOne®, a web-based platform that helps automate the indirect lending, credit approval and compliance processes for lenders and vehicle dealerships; CompliSource, an online tool for managing state and federal compliance law governing consumer finance and indirect lending; and DocOne®, a document printing engine and compliance validation tool that simplifies the finance process.
For more information, visit www.WoltersKluwerFS.com/Indirect.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk
management business that helps financial organizations manage operational, compliance and
financial risk and reporting, and improve efficiency and effectiveness across their enterprise.
The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi,
Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®,
GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer
Financial Services supports its global customers with more than 30 offices in 20 countries and is
a leading worldwide provider of compliance and risk management solutions for the financial
services industry, serving more than 15,000 banking, insurance and securities customers across
the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global
information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7
billion) and approximately 19,000 employees worldwide. Please visit our website for more
information.
About TCI
Supporting more than 250 credit unions, banks and finance companies across the United States,
TCI provides affordable loan origination solutions that give direct, indirect, internet and retail
lenders the edge they need to be first. For more information, visit www.tcidecisionlender.com.
###
Angie Peterson
Corporate Communications Manager
Wolters Kluwer Financial Services
612-656-7745 tel
angela.peterson@wolterskluwer.com
On Twitter: http://Twitter.com/AngiePeterson
www.WoltersKluwerFS.com

TCI Featured In CUES Magazine

Compliments of CUES Magazine, July 2011 Edition, Author: Jamie Swedberg

TCI Becomes a Symitar™ VIP Member

TCI Becomes a Symitar™ VIP Member

TCI, a leader in loan origination solutions for credit unions, banks, and finance companies continues to enhance customer support by enrolling in Symitar’s Vendor Integration Program (VIP). Symitar, a division of Jack Henry & Associates, Inc. (Nasdaq: JKHY), provides core processing solutions and enterprise-wide automation for
approximately 700 credit unions.

VIP membership simplifies the process for lender credit unions that want to integrate Symitar’s Episys® core system with DecisionLender. As a Symitar VIP member, TCI has access to Symitar’s technical resources—implementation, programming, quality assurance and testing as well as support—so that customers don’t have
to worry about compatibility or technical issues.

“Our customers are seeking more and more complex solutions to stay competitive,” said TCI President Bill Nass.“As a Symitar VIP member, we are ensuring that the integration of their core system with the DecisionLender interface is simplified. Through this relationship our customers aren’t burdened with the technical aspects of
software integration.”

About TCI: Supporting more than 250 credit unions, banks and finance companies across the United States, TCI provides affordable loan origination solutions that give direct, indirect, internet and retail lenders the edge they
need to be first.

www.tcidecisionlender.com
For more information:
Sales Department
Teledata Communications, Inc. (TCI)
631-231-6700

Indirect Lending!

More exciting news coming soon...sorry readers, we here at TCI have been very fortunate to have one of our biggest years for new customer additions.

More news to come.

Thanks
Barry

TCI partnership offers state-of-the-art risk management

FOR RELEASE
June 2, 2011

TCI partnership offers state-of-the-art risk management TCI, a leader in loan origination software (LOS) utilized by credit unions, banks and finance companies to
automate their lending processes announced today that they have entered into a partnership with Jericho Information Technology (JIT) to give their lenders the competitive tools they need to rapidly respond to changing market conditions. By integrating Jericho’s state-of-the-art risk management solution to the data generated in TCI’s DecisionLender (LOS), lenders can immediately view their performance against their goals.

“Our goal is to provide solutions that give our customers a competitive edge,” said TCI President, Bill Nass, “and Jericho is unsurpassed in risk management solutions. Our lenders can drill down and determine how their business is performing and therefore react immediately to changing market conditions.”

By providing customers with JIT real-time predictive analytics, TCI’s DecisionLender gives lenders business intelligence solutions to identify trends and opportunities while improving the accuracy of their sales and credit data. JIT measures sales and operations, credit and portfolio information as well as competitive threats and adverse selection. Through a graphic display of metrics, available in real time, lenders maximize performance and boost profits.

“As a forerunner in providing affordable loan origination software solutions to lenders, TCI is a natural partner for Jericho Information Technology,” said Dave McCune, President of JIT. “Companies that use JIT react faster to market influences, improve profitability, and reduce enterprise risk factors. They recognize the value of fast, accurate, up-to-date enterprise information. “

Supporting over 250 credit unions, banks and finance companies across the US, TCI provides Decision Lender as a suite of loan origination software products delivered as “Software as a Service” (SAAS) for direct, indirect, internet and retail lenders.

www.tcidecisionlender.com
For more information:
Bill Nass
Teledata Communications, Inc. (TCI)
631.404.4122

Jericho Information Technology LLC provides Enterprise Business Intelligence, Risk Management, and Contact Management solutions for the lending Industry. Jericho provides services to extract and normalize data from all your legacy systems to help you eliminate the reporting silos that exist today.
www.jerichotech.com
For more information:
Dave McCune
817-282-4744.

Looking for a CUSO approach to Symitar...

Check out our partners at MDT in Michigan!

http://www.mdtmi.com/

Lending Declining at Credit Unions Across Nation

A Recent article from Credit Union Journal states lending is declining at Credit Unions throughout country. Lending was down 1.1% this quarter alone.

However, we see a different trend among our lenders. Our lenders are actually growing through diversification.

Feel free to learn more about our Retail Indirect Lending product @ www.tcidecisionlender.com