"CLCS - Harvesting the
Opportunities"
This year's theme for the 2008 CLCS
Users Conference represents the many features and functions of CLCS
that can be adapted for controlling transaction risk over
most any loan type. Attendees will take back the
knowledge to "piggyback" on their existing CLCS
System -- a system that already has each organization's executive
sponsorship, corporate buy-in, and committed resources.
Plan to attend the Conference in
Westlake Village, California, May 18-22. For further information, email
Ann.Freeman@clcsiii.com
Data Select
Systems, Inc. - 26th Anniversary
On February 2, 2008, Data Select
celebrated its 26th Anniversary.
Expertise, strength, and trust over the past
26
years have built Data Select into the company it is today.
Data Select has a large client
base in the banking industry of North America, and its CLCS
III System is the standard for construction loan
control. CLCS
III commands a 45% market share, servicing over $350
billion in construction loan outstandings.
Data Select's clients in 43 states
of the U.S.,
Puerto Rico, U.S. Virgin Islands, Canada, and Mexico are very
satisfied that CLCS
III continues to meet their market-driven needs. Each CLCS
III user is a great reference, and each client alumnus is
a strong new client prospect.
CLCS - Release 2.3.1+
Release 2.3.1+ of CLCS III
is now being distributed to all clients that are requesting this system
upgrade. In addition to an already feature-rich Release 2.3.1, the upgraded Release 2.3.1+ includes
many more market-driven enhancements
and modifications for customer
service, risk management, user productivity, and management information.
CLCS - 2008 New Business
So far in 2008, three nationwide banking
organizations have selected the CLCS System to standardize their bank-wide construction loan
control. Two of these organizations joined the expanding CLCS user
group as a direct result of Data Select's global bank clients in Puerto Rico.
The third was referred by a major business partner.
In 2007 Data Select added nine multi-bank
holding companies, six regional banks, and
one of the world's largest insurance companies to its rapidly growing CLCS client
base. In addition, client organizations continue to expand the
use of CLCS across their
enterprises with the addition of business units, portfolios, and interfaces.
CLCS - Oracle and MS SQL
Integration
Eight CLCS
III client banks have now
installed the Oracle and Microsoft SQL Integration Module. The benefits of this integration
module for CLCS
III clients
includes:
CLCS - Superior Rating
Once again, the CLCS
System received a superior rating by the internal auditors of a nationwide
banking organization. This rating is based on:
-
Maintainability
-
Risk management
-
User satisfaction
CLCS - Business Partnerships
Data Select is continuing to build
strong business partnerships with the top U.S. financial service organizations,
with one such partnership totaling 18 common clients.