One of the major projects People Bank & Trust used
Foxtrot® for was to
change the ratings code in 120,000 customer records to help become BSA Compliant. When the auditors suggested they move from a HI MD LO risk scale to a numeric, 7-factor risk rating just days before the start of their BSA Exam they knew they needed the speedy and accurate performance of Foxtrot. Phillip Wheat, Vice President at People Bank & Trust commented “we were able to accomplish this change in less than 6 hours using Foxtrot LE. I actually ran three copies on one workstation to help speed up the updates.” He then went on to say “Our exam looks good and a big part is due to the
flexibility of
Foxtrot.”
Peoples Bank & Trust – Phillip Wheat
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