We founded STI on the premise that banks will ultimately become frustrated trying to build their business without the support of nimble and competent Information Technology professionals.
A system from our larger competitors can only be modified through time-consuming, laborious user group testing and analysis. That process can take years to navigate, delaying even the simplest software modification. If you want information technology that adapts to your needs, consider a smaller, more nimble company as a viable alternative.
For over 17 years STI has been quietly cornering this market with continuous profitability, and a proven track record as a trusted data service partner to community banks. Our first client grew from seven community banks to a $1.4 billion organization with 43 branches on the scalable, reliable STI system.
When assessing any vendor partner it’s important to examine the following risks:
Financial Risk – what do the financials represent and what was the intent for growth?
Management-Depth Risk – is there depth in the management team?
Data Security Risk – This is an area where STI has an unquestioned advantage in the risk analysis…compare our network/software diagrams with others – simplicity matters.
Technology Obsolescence Risk – This is a large industry problem. A complete re-write of a major system is unheard of. We did it.
Choosing a data service partner for a bank is like a marriage. It’s impossible to deal with all risks and contingencies in advance; therefore, both the bank and the servicer must enter into this arrangement with a foundation of trust. STI wins hands down on this risk factor.