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dbPlatform

Efficient, Easy To Use Compliant System

dbPlatform, also known as Copilot Platformation, is a compliance oriented Loan and Deposit account origination system. During the process of originating a new account, dbPlatform uses a user friendly interface that allows the user to just point and click to complete a task such as download credit report, generate disclosures or add the account to the core processing system. The graphical interface allows the user to be in control of the steps that need to be done when they need to be done. It also can enforce polices that dictate certain steps must be completed before continuing to the next. It allows the user to easily see which steps have been completed and which steps still need to be done or is in the process of being done. dbPlatform has an intelligent data collection process for gathering the minimal amount of data based on the institution policies and the current phase of the account. It also minimizes required input by interfacing with many third party systems. dbPlatform automatically generates the appropriate documents needed for a new account based on the information collected, so it removes all the guess work for the user. Add in the Digital Authentication and automatic interfacing with the Document Imaging system and you will find completing new account transactions are quick and effortless.


Secure and Flexible

Some institutions have specialized departments for certain functions of the account origination process. For example, you may have a designated department who is responsible for adding the account to the core processor or for making the credit decision for certain loans. In this case dbPlatform has the ability for you to assign certain security rights to specific users which can restrict which tasks they are allowed to perform. Then through an account tracking feature users can monitor when accounts are ready for them to perform their designated task for that account. Although this is commonly known as centralized lending, it can be used for any number of purposes.



Compliance

Wolters Kluwer Financial ServicesdbPlatform utilizes a compliant forms determination engine to produce the documentation needed to meet State and Federal compliance for all deposit and loan accounts.  Operators are not left with confusing decisions as to which documents are required to meet account circumstances or State and Federal compliance regulations.  DBS, Inc is a partner with WKFS (Wolters Kluwer Financial Services formerly Bankers Systems Inc) and provides compliant documentation backed by a compliance guarantee.  If your institution currently utilizes WKFS documents, implementing dbPlatform provides a smooth transition as deposit and loan documentation is already familiar to employees, compliance officers, and examiners.

 


 

Customization and Administration

dbPlatform comes with a suite of administration programs that enable the institution to be in control of configuring custom settings. You can build your own products, specify product defaults, setup new branches, control all of your institution settings, define account number ranges for auto-generation of account numbers, assign custom logos on forms and many other administrative functions. These features are all wrapped into a single, easy-to-use administration program.


Scaleable

This system supports multiple institution holding companies. No institution is too large or too small for this system. It can be configured to quickly open the everyday common accounts as well as customized to handle to complex tasks that some markets require.


Extras

There are many extras that come with this system. Just to mention a few of them;

  • Instant Messenger
    • When you need to obtain or share information with your coworkers, dbPlatform has a messaging system built in so you can communicate with your coworkers fast and efficiently.
  • Interactive Desktop
    • dbPlatform provides a configurable desktop to allow you to assign documents or web pages to each of your products. You may also setup as many useful links to other existing web sites your bank needs to reference. This provides access to those resources while keeping the new account transaction just a click away.
  • Official Checks
    • You can generate official checks directly from dbPlatform.
  • Digital Documents
    • You can open any document in the system and fill in the data directly on the document and send to a printer. This is often needed for forms not used during the account opening process, such as a stop pay hold request or any other document you may need that is not already part of our automated document generation system.
  • Email Documents
    • You can also email documents to anyone using one of the several secure methods which can prevent any confidential information from being accessible to non-authorized people.
  • Electronic Signature / Digital Authentication
    • dbPlatform provides the means to capture the customer's signature electronically. That signature is then bound to all legal documents with the transaction. In addition we can digitally tie all documents to a single Authentication and Consent Agreement which the customer can sign in lieu of the other documents required for that transaction.
  • Archive and Reporting
    • dbPlatform can archive the information about each account whether it was approved and opened or denied. You can then use any report writer of your choice to generate reports from this data stored in a SQL database.

Installation and Updates

Your IT department will love dbPlatform when they see how quick and easy the installation of dbPlatform is. It also comes with an automated update system so your updates can now be a hands-off procedure. You just designate a time for your updates to download and apply, then everything else is automatically handled for you. The system will also enforce that all client stations are on the latest release. Using the administration program you can also get an analysis of the client transfer speed to assist you in optimizing your network configuration. We have also included a Release Notes system. From the help menu you can find Release Notes. This explains what technical or compliance changes are included in each update your institution receives.


Interfaces

dbPlatform interfaces to many third party vendors. All vendors we interface with may not be listed below. If you are interested in an interface between dbPlatform and another third party interface then contact us for availability.

  • Electronic Check Ordering
    • Deluxe
    • Harland
    • Clarke American
  • Identity Services
    • ChexSystemssm
      • Identity Verification
      • OFAC
      • QualiFile/New Account Chex
      • Address Analysis
      • Identity Authentication
      • Red Flags Checklist
    • BankCARS
  • Credit Bureau
    • Equifax
    • Experian
    • TransUnion
  • Flood Determination
    • ServiceLink National Flood (formerly LPS National) - Online Flood Service
  • Core Processors
    • DBS – dbCore
    • Fidelity – BancPac
    • Jack Henry – 20/20
    • Modern Banking Systems
    • Harland – Phoenix
    • Call for other interfaces not listed.
  • Document Imaging
    • DBS - dbDocImage

Deposit Highlights

The deposit system includes DDA, Savings, CDs and IRA accounts. Deposit accounts are divided into two phases, Application/Disclosure Phase and Closing Phase.


Application Phase

The application phase is used to identify the owners, signers and beneficiaries. As the information is being collected you can perform the identity verification lookups and pull a credit bureau report, if your institution requires this step. This phase will also be used to generate the account disclosures, either automatically or under user control based on the product settings. And finally this phase can be used to make an approval decision, if necessary.


Closing Phase

The closing phase is used to gather any final account information and generate all your closing documents including a denial letter if this account was not approved. You can optionally generate starter checks, place an online check order, generate Automatic Transfer and add the account to your core processing system.


Other Deposit Features

  • All phases may be customized to meet the requirements of your institution and to streamline the process to make you as efficient as possible.
  • Compliant account titles are automatically formatted based on the ownership type determined by the selected class code.
  • Supports unlimited number of owners, signers, and beneficiaries.
  • Addendums are automatically generated and is transparent to the user.
  • Starter Checks can be printed as part of the account documents.
  • You can place online check orders to all the major vendors with just the click of a button.
  • Full control over printing can be configured one time, so the users don’t have to remember how many copies of each form are required, or if a form is duplexed or not and what printer they should go to if the institution has special printing requirements.



Lending Highlights

The loan system includes consumer, commercial, and lines of credit accounts. Loan processing is divided into three phases, Application Phase, Disclosure Phase and Closing Phase.


Application Phase

The application phase includes several processes and is used to identify the borrowers, cosigners and guarantors. As the information is being collected you can perform the identity verification lookups and pull a credit bureau report, if your institution requires this step. This phase will also be used to determine the type of collateral taken and the purpose of the loan. With this information, additional processes can be determined to be needed. For example, if real estate is the collateral, the Flood Determination step would become available in the processing flow. Rescission and RESPA can be determined by the collateral and purpose so that the necessary disclosures can be generated.

Applications, Credit Inquiries, and an automated Debt Analysis tool to compute DTI ratios can be used during the application phase to assist in making a credit decision. Once the decision is made, either the closing documents can be generated, if the loan is approved, or the denial letter, if the loan is denied.


Closing Phase

The closing phase is used to gather any final account information and generate all your closing documents including a denial letter if this account was not approved. You can optionally generate proceed checks and coupon books, generate Automatic Transfer and add the account to your core processing system.


Other Loan Features

  • All phases may be customized to meet the requirements of your institution and to streamline the process to make you as efficient as possible.
  • Supports unlimited number of borrowers, cosigners, and guarantors.
  • Addendums are automatically generated and is transparent to the user in the case there are more signers than signature lines on any given form.
  • The ability to enter unlimited number and combination of collaterals with different owners. The collateral documents are then grouped and automatically generated based on common collateral owners.
  • Proceeds Checks and Coupon Books can be printed as part of the account documents.
  • Full control over printing can be configured one time, so the users don’t have to remember how many copies of each form are required, or if a form is duplexed or not and what printer they should go to if the institution has special printing requirements.


Request Product Information or Live Demo
Contact us to learn how Digital Banking Solutions can provide your institution with solutions to all your regulatory, technical and operational needs. Our solutions will help your institution run smooth by keeping you up-to-date with regulatory requirements, through our easy-to-use software all while saving you money.

To request a live demo or to receive more information, you may complete the form below, email us at: sales@dbsinc.com, or call us toll free at 855-807-6588.

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*Comments
  


Our FDIC compliance
examiners were very
impressed with the system.
If they are happy,
we are very happy.
The flexibility of the
software allows us to
manage the system and
easily adapt our
product offerings.
The client installation is
almost effortless.
The update system allows
me to manage when and
how updates are to be
applied from a central
server.
Copilot 6 has made my job
as compliance officer much
easier. The loan system is
fool-proof. Just input the
collateral and purpose and
all your forms are
generated for you.
The compliance features in
Copilot enable our
institution to operate with
added confidence.
Digital Banking Solutions
provides the responsive
support we need.
Working with their
professional staff is great.

Lonna Deraney
Assistant Vice President
Bank of Hancock County
Jewell Johnson
First Vice President
Spivey State Bank
Mark W. Matthews
Network Administrator
Persons Banking Co.
Lonna Deraney
Assistant Vice President
Bank of Hancock County
Jewell Johnson
First Vice President
Spivey State Bank
Jewell Johnson
First Vice President
Spivey State Bank


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