Creating legal documentation can be one of the most time consuming tasks due to the vast number of data requirements and processing options that exist. Lengthy SLA's and process delays are a source of frustration for both banks and their clients. Integrating core banking transactions with data and communications from multiple channels and services is an ideal enterprise advantage.
The CCS Legal Document Preparation module utilizes your attorney drafted language. This easy-to-use system, driven by document logic, can generate legal loan documentation for any credit product without human intervention. Our systems combine some of the most sophisticated word processing features with the ability to dynamically store and retrieve data. The immediate processing advantages are speed, accuracy, and consistency, which reduces errors and assists with the ever growing demands of regulatory compliance.
The feature rich tools offered by CCS support some of the largest banks in the country for documenting their most complicated middle and upper tier commercial credit. Typically this has reduced the direct processing costs by a factor of 50% while adding significant process scalability. While the Legal Document Preparation module can be adopted as an immediate stand-alone solution, storing data in accessible databases allows the data to be used for other processes, such as loan booking or credit monitoring.