15 Hoosier Banker May 2016 PSP SHOWCASE About the Author Rod Lasley is vice president-products & services of the Indiana Bankers Association, and also serves as president of the for-profit companies owned by the IBA. He can be reached at 317-387-9380, email: rlasley@indianabankers.org. How can your bank focus on creating strong relationships, helping customers succeed and providing quality community assistance, without the telecommunications distractions between your bank and your core provider (or among your various branch offices), while trying to juggle multiple providers for your voice, data and Internet connectivity? The team at BITS Network believes that banks should focus on customers and communities, free of the challenges that come with data and telecommunications. Founded in 2005 by a bankers’ bank cooperative, with some 400 community bank shareholders, BITS (Banking Infrastructure & Technology Services) Network is an expert in bank communications processes. The BITS board of directors consists entirely of community bank chief executive officers, and BITS works exclusively with banks. The company serves more than 100 community banks in 15 states and has been a valued Indiana Bankers Association Preferred Service Provider for six years. The company acts as your partner in providing an integrated approach to managing your technology platform. Unlike a telecommunications carrier with limited vertical expertise, or a core processor which only focuses on one or two telecommunications functions, BITS understands the full range of bank telecommunications. With BITS Network, there is no need to navigate among multiple providers, questioning every next step. BITS figures out your needs for you, allowing you to focus on the banking needs of your clients and community. The company has a regulatory compliant solution designed to meet the security, business continuity and disaster recovery requirements of the industry, and can provide you with all of the necessary documentation to satisfy your regulators. It has established, private-data connectivity to several key business partners, including core processors and providers of automated teller machines. Rest assured that BITS Network can securely transport your bankspecific software application and services, with no service disruption or downtime due to natural or manmade disasters. Its solutions provide full network and data center redundancy, allowing you to fulfill your business continuity requirements and, more importantly, to serve your customer without interruption. BITS Network is standardized on an infrastructure provided by Cisco, the industry leader in voice and network equipment. Because BITS services are managed by certified Cisco engineers, your operational expense will be reduced. You will have access to network engineers to support your ever-changing network infrastructure requirements. When you consider a new phone system, routers or switches, or new voice, data or Internet connectivity, first contact BITS Network for a complimentary, in-depth infrastructure assessment. Even if you are not currently seeking a new solution, a quality assessment provides value by helping you to align contracts and depreciation schedules. This free assessment is offered to IBA members as a benefit. For more information regarding BITS Network or for a complimentary assessment, contact John Hendrich at 765-276-4464, email: john.hendrich@ bitsnetwork.com. You also are welcomed to contact me, Rod Lasley, at the IBA offices at 317-387-9380, email: rlasley@indianabankers.org. t Don’t Let Telecommunications Break the Bank
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