Choice Savings & Investments is our flagship solution offering that provides a complete business and software processing platform, dramatically enhancing the design, flexibility, time-to-market, sale and management capabilities of deposit and investment products.
Decrease the time-to-market of innovative, new deposit product offerings using either our Enterprise or Multi-Depository Platform solutions.
Use of interactive frontline sales tools for a correct (and compliant) understanding of new deposit offerings.
Offer products that can be dynamically personalized by your customers at the point of sale without any incremental operational overhead.
Complete end-to-end automation of all processes with rapid and seamless integration for existing systems and distribution channels.
As Choice has grown as a solutions provider to financial institutions, working with and discussing ideas with many different banks and credit unions, we have frequently come across a situation where the depository management expresses a desire to offer new solutions to their clients and members with the types of accounts we process but have concerns about their own internal expertise to support them.
The Choice team fully understands the enormous frustration that these institutions feel, and that is why we went back to the drawing board to see if there was a way we could resolve their issues.
The result of a thorough analysis of concepts and reimagining how Choice accounts could be offered to our depository clients was the development of the Multi-Depository Platform.
You retain full control and ownership of your clients, and your deposits – after all, they’re your most valuable asset – and we provide you with a catalogue of product ideas for both innovative Traditional as well as Market-Linked CDs (MLCDs) to choose from.
Together with our market-leading partners, we manage all of the product offering preparation, automated processing and infrastructure servicing that you need.
As a member of the Multi-Depository Platform, each bank and credit union decides and controls their own, individual desired funding cost and the preferred product offering to make available to their sales channels.
As a bank or credit union you immediately benefit by being able to leverage your franchise and issue your own branded Flexible Traditional and Market-Linked CDs, with no incremental risk or exposure.
Extremely rapid and seamless integration and launch by taking away all of the complexity associated with a traditional product launch.
The CHOICE team is comprised of individuals who come from backgrounds in technology, capital markets, retail banking and wealth management. Collectively, we identified that the majority of consumers were being offered commoditized off-the-shelf products and almost never the solutions that they desired and needed.
Our purpose, from the outset, has been to develop a technology that would allow financial institutions to efficiently and economically offer savings solutions to the mass market in a way that was traditionally reserved for only the Private Banking segment.
Additionally, the CHOICE solution is designed to allow financial institutions to break away from the restrictions of traditional systems by redefining the concept of a product. With CHOICE you can define any offering that can be expressed as a cash flow and series of events… without programming any new code.
The CHOICE team is made up of highly experienced professionals from financial and technology backgrounds and they are committed to helping financial institutions maximize their opportunities in the Savings and Investments space. The following are just a small selection of the key staff involved in CHOICE:
Address61 Greenpoint Avenue,
Brooklyn 11222, NY, USA
Phone T: (+1) 646 490 3650
AddressMaría de Molina 54, Planta 2,
Madrid 28006, Spain
Phone T: (+34) 91 005 2451
© 2013-2018 CHOICE Financial Solutions - 61 Greenpoint Avenue, Suite 634 Brooklyn, NY 11222 Specific methodology and software within the CHOICE Savings & Investments system is protected by US Patent 7,987,136. All rights on this methodology and code are reserved.