Minimize Risk. Maximize Rewards.

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Minimize Risk. Maximize Rewards. A turn-key solution for banks in a complex world.

Miss the “good old days” of simplicity? BITS can bring you back! You know it better than anyone: the banking environment is more complicated than ever. Gone are the days when a community bank could successfully manage all their operations on their own, in house, with little worry. Today’s cloud-based technology is highly complex, industry regulations are increasingly cumbersome and complicated – and the risk of failure and financial burden too great – for a community bank to manage their telecommunications platform on their own.

What’s a community bank to do? Trust a multitude of vendors – for their voice, data and internet connectivity – who don’t understand their business? Who are unfamiliar with ever-changing regulations? Or worse yet, are too mammoth to really even care? It’s time for BITS: with more than 100 banks signed, we provide an integrated approach to managing your technology platform from a dedicated partner whom you can trust to understand your needs, who treats you like a valued partner (not an account number), who can provide your bank with the latest in best-in-breed technology so you can focus on what you do best: providing superior financial services to your customers.

BITS: The simple, all-in-one technology solution for today’s complex challenges. BITS was founded in 2005 by a bankers’ bank cooperative with close to 400 community bank shareholders and a board consisting exclusively of community bank CEOs. A hosted and managed “Communications as a Service” platform, BITS is designed exclusively for community banks’ specific requirements. As a pioneer in providing private cloud and network services, we deliver the technology your bank needs, while simplifying your operational complexity, minimizing your regulatory burden, preserving your future capital requirements and freeing up your internal resources.

BITS takes responsibility for your entire telecommunications platform, so you benefit from a unique integrated solution designed to meet a community bank’s: nn Regulatory and Compliance requirements. Our Service Organization Control (SOC) 2-compliant solution was designed to meet the security, business continuity and disaster recovery requirements of the industry. We provide our customers with all required documentation and consulting necessary for their internal and external regulatory exams at no charge.

nn Business established requirements. We know your business from the inside and have established private data connectivity to several of your key business partners, including core processors, ATM providers and more.

nn Operational requirements. With nearly ten years’ experience deploying and optimizing community banks’ data networks, you can trust BITS to securely transport your bank-specific software applications and services. No more worrying about service disruptions caused by natural or man-made disasters affecting the downtime of critical voice and data circuits; our solution provides full network and data center redundancy. All required backup generators are located in our redundant data centers.

Built for community banks by community bankers. What makes BITS better? It’s simple. BITS is the only integrated solution created exclusively to meet the needs of community banks. Unlike a telecommunications carrier with limited vertical expertise or a core processor who only focuses on one or two aspects of your telecommunications platform, at BITS we understand – and take responsibility for – it all. No more dealing with multiple vendors who refuse to take ownership of any problem and opt instead to point fingers at your other providers, leaving you frustrated to manage the issue on your own.

BITS MANAGED SERVICES

A Cisco solution at a low CAPEX and OPEX. BITS is standardized on an infrastructure provided by Cisco, the industry leader in voice and network equipment. Often associated with a premium capital and operational price tag, Cisco’s voice and network services is brought down market by BITS at a lower upfront capital cost to community banks through our uniquely designed hosted solution. The BITS services are also managed by highly certified Cisco engineers who will lower your operational expense related to consultants and network engineers to support your everchanging network infrastructure requirements.

MULTI-VENDOR APPROACH

We decided to do business with BITS because we wanted a service provider who understands a community bank’s regulatory compliance, operational and technical requirements, yet is small enough to care about my business. For me, dealing with one of the telecom giants is like dealing with a ‘too big to fail national bank’ – nominal service, limited ability to escalate and no service flexibility. – STAN KOREYVA Amboy Bank, COO

When does BITS make sense for your community bank? Find out – for FREE. Think your bank might benefit from moving to BITS’ managed “Communications as a Service” solution? Then don’t buy any new phone systems, routers or switches – or sign a new voice, data or internet connectivity contract. Sign up for a BITS FREE 30-day in-depth infrastructure assessment first. The timing for BITS may not be right – right now – but the timing for the assessment is always right, by lining up all your contracts and depreciation schedules for the perfect timing. No more than 5-10 hours of combined internal resources is required.

FREE of charge, this assessment encompasses a:

nn Technical analysis of network bandwidth, redundancy, disaster preparedness and enhanced security requirements to effectively support a cloud-based solution.

nn Compliance best practices analysis to ensure your bank meets all risk management guidelines for network, security and voice services.

nn Financial benchmark analysis to compare your bank’s existing cost with hundreds of other banks, assessing your ROI and deliver a strategic plan and roadmap for your telecom requirements.

nn Customized BITS proposal detailing how our all-in-one voice and data service platform can make your bank more efficient.

Request your FREE assessment today. Contact Christian Ericson, CMO/Head of Sales E [email protected] D 973.474.1828 M 973.349.2410