Northwest Bank

Challenge

Northwest Bank needed the ability to quickly and accurately allocate collateral to sweep balances for each customer, and generate the required daily confirmation notices as a part of end-of-day processing.

Objective

Write a solution that solved their problems, but also make it a commercial product for other banks to use.

Progress

Twin State started this intensive project by taking time to understand the complexities of banking regulations.

The team worked closely with Northwest Bank in order to develop a product that solved their company’s internal problems while remaining flexible enough to work for other banks.

Result

Highly profitable product has been sold to many banks. We also ramped up help desk operations and took over customer support for Northwest Bank for this product.