CetoLogic, a provider of software and analytics for financial
institutions and retailers, announced the availability of an interface
between its leading cash
management and predictive analytics solution, C3 Financial, and
Symitar’s® core platforms to help streamline manual processes
while ensuring data integrity and efficiencies in cash operations for
its clients.
Through the interface with Symitar’s Episys® and CruiseNet®
platforms, more than 800 credit unions will have the option to license
CetoLogic’s solution to automatically upload daily denomination cash
endings into C3 Financial to better track, forecast and inventory
branch, ATM and vault cash. C3 Financial’s interface with Symitar
communicates end-of-day cash positions by denomination to drive C3
Financial’s cash forecasting, and facilitates accurate orders and
deposits of cash. Previously, credit unions had to generate a report and
designate a resource to manually process a daily file through a
CetoLogic tool that converted data to an uploadable format to C3
Financial.
“Manual processes are outdated, expensive and error-prone, priming
financial institutions for data integrity issues and inefficiencies,”
said David Austin, vice president of CetoLogic. “The interface C3
Financial provides Symitar core users provides access to an operational
solution that enables credit unions with the ability to maximize their
use of data and optimize inventory of their largest non-earning asset:
cash. Symitar’s credit unions are now able to spend less time managing
their cash management process and focus more on member needs.”
About Symitar
Symitar, a division of Jack Henry & Associates, Inc. (NASDAQ: JKHY), is
the leading provider of integrated computer systems for credit unions of
all sizes. Symitar has been selected as the primary technology partner
by more than 800 credit unions, serving as a single source for
integrated, enterprise-wide automation and as a single point of contact
and support. Additional information is available at www.symitar.com.
About CetoLogic
Atlanta, Ga.-based CetoLogic
provides software solutions and analytics to financial institutions and
retail organizations. CetoLogic proudly services the needs of more than
1,500 clients in 50 states and Canada by providing “Smart Solutions that
Make Dollars and Sense.” CetoLogic is the designer of C3 Financial, a
web-based cash forecasting and management software. CetoLogic also
pioneered Deposit Reclassification, a retail sweep program designed to
eliminate reserve balances. CetoLogic’s solutions improve earnings,
efficiencies, risk management and operations. For more information about
CetoLogic’s solutions, call 1.877.495.0687 or visit their website at www.cetologic.com.
Copyright Business Wire 2014