Strategic Partnership between Open Solutions and Ceto

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Enables Open Solutions to offer Cetos programs to more than 4,500 clients throughout North America.


Open Solutions Inc, a webhosting company and Ceto and Associates, a financial solution provider, announced last week that they formed a strategic partnership that will enable open Solutions to offer cetos programs to its more than 4,500 clients throughout North America.

According to the company, the deposit reclassification enables financial institutions to restructure transaction accounts, thereby,
converting non-interest earning reserve requirements into interest earning assets. The process increases pre-tax profits by an average of $1 million.Ceto cash calculator, a Web-based branch tool that
enables financial institutions to manage vault cash especially in a low-reserve environment, is another valuable program.

Douglas Ceto, Executive Vice President of Ceto and Associates, said, "More than 1,000 financial in -- This message may have been cut off and the rest will only be shown to members. To become a member, click here --