Single software system now available to community banksWritten by Duane Ramsey | | firstname.lastname@example.org
Smiley Technologies, Inc. (STI) recently released SIBanking, a single software platform for community banks. The platform is now available for banks with assets from $200 million to $2 billion in Ohio, Indiana and Michigan.
“SIBanking is a competitively priced, fully integrated system that is a comprehensive package of all banking functions integrated in one secure database under one software platform,” said Bill Brandt, regional sales manager for STI in the Midwest.
SIBanking software is built on IBM’s DB2 database coupled with Microsoft Windows Network Operating System to deliver an efficient and reliable model, he said.
“This software was built from the ground up exclusively for banking, with bankers actively involved in deciding how to manage financial information more efficiently,” Brandt said.
“The result is an intuitive system – the easiest software you’ll ever use – with 10 years of bank-tested, proven performance. There are now real and compelling reasons for banks to change core systems,” he said.
“The beauty of the system is that it’s one system,” said David Harrington, STI data center manager.
“Others say their software is fully integrated but that’s not true. It’s fully interfaced, not integrated. SIBanking is fully integrated with all functions included within one system. And the reliability and efficiency banks get with a single system makes a big difference.”
“With STI, you have one source for software, one software system, one contract for any and all banking needs,” Harrington said.
Elizabeth Glasbrenner, STI vice president and co-owner, explained how the system is more efficient.
“When data is entered – debit card purchases, bank transfers, new accounts, whatever – it’s available throughout the system as soon as it’s loaded. With other systems, banks have to sync one database with other programs’ databases to keep it all current,” Glasbrenner stated.
“Other systems require up to six different logons and passwords. With STI, you only need one. SIBanking is so intuitive and easy to use, we can put tellers on the system essentially without any training, and they’ll be able to do the job,” she said.
“We come from people who created the original Systematics system for banks,” Glasbrenner said, referring to her father Walter Smiley who has been in the bank data processing business since 1965 when banking first became computerized.
Smiley sold Systematics to Fidelity Information Systems but has remained in the banking business and involved in STI, which is based in Little Rock, Ark. The new firm was established in 2002 by Smiley, his son Vance, and Glasbrenner.
Vance now serves as president and Elizabeth as vice president. Glasbrenner focuses on customer support services and conducts demonstrations of the SIBanking software via the Web for potential customers.
“Banks are blown away by the efficiencies of the software because everything is in one system. It brings all data into one depository for banks,” Brandt said.
Brandt met with Kate Fischer, president and CEO, and Debra Palmer, vice president and chief operations officer, at Metamora State Bank (MSB) on June 19 to discuss the advantages of SIBanking software for the bank.
The bank is always reviewing products and technologies to keep its customers at the forefront of services and security, Fischer said.
MSB first opened for business with a financial base of $1.5 million in 1944 in Metamora. Today, it has assets in excess of $50 million and more than 20 employees. It opened a second branch in Sylvania in 1995 and renovated the original branch in 2001.
Brandt offered to arrange a personal demonstration of the software via the Web for the ladies at MSB. He informed them that STI has experience doing conversions with the Premier product now used by MSB and many other banks.
“Conversions are like heart transplants,” Brandt said. Conversions require three to six months of preparation and work.
“There needs to be a compelling reason to switch software systems. That can include saving money, being more efficient and setting banks apart,” he said.
“We’ve got all three of those pieces. STI will provide quality service support they need but can’t get from large suppliers. That’s a huge selling point.”
“STI will work with small community banks to compete with the big guys. Their success is our success,” Brandt said.
Brandt has education and experience in computer science, teaching the subject and running the computer center at Defiance College. He started a computer software network consulting business in 1995.
Brandt also worked for the former RDSI, a firm that provided services to community banks in Ohio, Indiana and Michigan. Another former employee of RDSI who went to work for STI got Brandt involved in the company.
Brandt talked to STI about expanding its software system and service in the Midwest where he had numerous banking contacts from his previous work at RDSI. He began working for STI in 2012 as Midwest regional sales manager.
For more information about SIBanking and STI, contact Brandt via email at email@example.com.