Agiletics Escrow System (A.E.S.)
High-efficiency escrow servicing
& Escrow Web Express
Customer self-servicing module
Agiletics Escrow System (A.E.S.) provides high-efficiency escrow servicing to increase low-cost deposits. It provides an excellent source for new customers and cross-selling of other banking services. Unlimited business lines and markets may be served with unlimited menu-defined products tailored for precise markets and customer needs. Included among the various types of escrow accounts that may be processed are landlord-tenant, real estate, custody, care facilities, IORETA, IOLTA, funeral services, and unlimited other types. A.E.S. unburdens DDA systems by processing all escrow accounts. The A.E.S. software running on your in-house computer typically supports processing of escrow services at much lower costs than what an escrow service bureau charges.
Key features include:
- A.E.S. accommodates robust options regarding interest accruals and interest sharing between customer and escrow accounts.
- Menu-defined products facilitate simple and fast account setup.
- Unique processing requirements for different states are supported.
- Comprehensive, parameter-controlled statements are available in multiple forms and media to satisfy the most demanding clients and their escrow accounts.
Escrow Web Express is an optional customer self-servicing module add-on to the Agiletics Escrow System. Escrow Web Express operates as a Web application on a bank’s on-line web server. It eliminates most of the operational tasks and costs incurred by a bank to service escrow accounts while providing superior customer service.It permits a bank’s customer to perform the following functions using the Internet:
- Establish a new escrow account.
- Change an existing escrow account.
- Allocate a bank deposit to its escrow accounts.
- Transfer money among escrow accounts.
- Close escrow accounts.
- Inquire about current and historical balance and transaction data for escrow accounts.
- Print transaction data and statements.