Symitar Midwest User Group

1
Symitar Midwest User Group

• Release 18.00
• Shipping Now

2
Release 18.00

• SFW
• Expanding and Collapsing Records
• Automatic File Maintenance
• Clipboard Support
• The Account Manager work area has been enhanced
  to support copying screen data to the Windows
  clipboard from the Account Summary Inquiry and
  the Account record inquiries.

3
Release 18.00

• GL
• GL Transaction History
• When you view GL Transaction History, the system
  now displays the totals for both the Debits and
  Credits columns
• Accounts Payable
• Major Additions
• Workflow
• Queues, etc.

4
Release 18.00

• Pass Through Printing
• You can now define the pass through printer to
  use within SFW (windows printer)
• Will default to default Windows printer
• NOTE Any teller sending output to a 998 slave
  printer attached to their parallel port who does
  not have that printer set up as their default
  Windows printer will have that output redirected
  to the printer that is set up as their default
  Windows printer.

5
Release 18.00

• ACH
• Accounts Receivable Entries (ARC)
• for the transmission of single entry ACH consumer
  debits for checks received via a lockbox or
  drop-box and converted to ACH entries. This code
  replaces the existing interim ruling for PPD
  Accounts Receivable Truncated entries.
• New Return Reason Codes for RCK, POP, and ARC

6
Release 18.00

• ACH Origination
• New Payee Record Fields
• RDFI Name, RDFI RT, Warehouse Company Name,
  Company Disc, Company Entry Desc, Receiving
  Company, DFI Account
• New ACH Origination Reports
• New On-Demand Group List
• ACH Origination zeros out the Post Amount field
  in the EFT record for these groups, since this is
  a one-time-only transaction (on demand).

7
Release 18.00

• Billed Fee Support
• The system now supports billed loan fees on
  closed end, open end, and line of credit loans
  that do not accrue late charges or interest and
  that are collected during loan payments.
• Billed fees differ from regular fees in that they
  are not posted as advances and therefore do not
  affect the principal balance of the loan. Rather,
  they are fees that are due in addition to the
  regular payment that, when collected, are posted
  to a General Ledger account.

8
Release 18.00

• Commercial Services
• This release contains the first of several
  enhancements to support Commercial Services, a
  new Symitar system feature that will enable
  credit unions to maintain and analyze commercial
  accounts (accounts for businesses, rather than
  individuals).
• Account Analysis (new record)
• allows credit unions to track certain types of
  share activity and charge sophisticated fees
  based on services
• Sweep Accounts
• allows credit unions to set up automatic account
  sweeps so that commercial shares can maintain a
  minimum and/or maximum balance

9
Release 18.00

• Console Security Enhancement
• New options to Security Control Icon
• Reset Locked Consoles
• You can now allow a user to update the Logon
  Prevention field without having to give the user
  the ability to update the entire Console record
• Logon Prevention Journal
• The Logon Prevention Journal displays information
  about the times the Logon Prevention field in the
  Console record was set. Before this release,
  there was no way to determine when and why the
  field was set.

10
Release 18.00

• Credit Reporting and Retrieval
• Metro 2 Implementation
• Experian Product Enhancements
• CU Decision Expert
• a bureau-based decisioning system that allows
  credit unions to easily implement automated
  decisioning into their credit granting process.
  It provides their customers with an automated
  credit line recommendation based on
  customer-specific credit policy and underwriting
  rules.
• Custom Strategist
• a decision-support tool that automates the
  account origination decision and cross-sell
  function. It also enables an Experian subscriber
  to verify that a respondent to its preapproved
  offer still meets the original preapproval
  criteria

11
Release 18.00

• Dividend Forfeiture
• when dividends would normally post, the system
  calculates the dividends that would have posted
  and posts a share comment stating that dividends
  have been forfeited.
• Share Dividend (SV)
• Recast Share (RS)
• Dormancy Enhancements
• Can be set at the Share and Loan level
• Previously only at the account level (all or
  nothing)
• New Dormancy based fees

12
Release 18.00

• MCW
• SensCom Wireless Interface
• add-on product to MemberConnect Web (MCW) that
  provides an interface to SensCom wireless
  banking, which enables members to perform
  financial transactions on their accounts via
  wireless devices.

13
Release 18.00

• Report Generator Enhancments
• Report Generator Call Subroutine Functionality
• The Report Generator software has been enhanced
  with the capability to call a subroutine specfile
  from within another specfile.
• Subroutine specfiles should not be used to
  replace INCLUDE files and procedure calls. There
  is a large amount of overhead involved to set up
  a subroutine specfile for execution.
• Validation Specfile Enhancement
• VALIDATEFIELDSET
• can be used in Report Generator validation
  specfiles. This command allows you to set the
  values in up to 30 fields, besides the field that
  the validation specfile is currently running on.

14
Release 18.00

• Report Generator Enhancments (cont.)
• Shared Branching Custom Forms
• now supports the printing of custom checks and
  receipts in conjunction with the Shared Branching
  (SB) teller transaction. This works the same way
  as custom checks and receipts work in Teller
  Transactions, but the file layout is different
  and the Shared Branching transaction uses a
  different specfile (SHAREDBRANCH.CUSTOMFORMS).

15
Release 18.00

• Statement Generation Enhancements
• new california law requires credit card
  statements sent to cardholders in the state of
  California on or after July 1, 2002, to contain a
  warning about making only minimum payments.
• The law also requires a disclosure concerning the
  length of time it will take to pay off a credit
  card balance and the total cost of paying the
  balance when only the minimum payment is made.
• Options
• Do Not Print Minimum Payment Disclosure on
  Statements
• Print Minimum Payment Disclosure on All
  Statements
• Print Minimum Payment Disclosure on Statements
  with Min Bal

16
Release 18.00

• Statement Generation Enhancements (cont)
• Statement Summary Section
• Statement Generation has been enhanced to include
  a summary section. The summary section prints a
  list of all the share and loan balances as of the
  statement date and follows all other printed
  pages.
• Suppress Check Transaction Comments

17
Release 18.00

• Questions?