Shaw Systems has partnered with CyrusOne to offer a hosted, software as a service (SaaS) deployment option that reduces the financial, staffing, and IT equipment costs associated with conventional licensed, client/server solutions.

Subscribers to Shaw Hosting Solutions benefit from the functionality of Shaw’s proven lending, collections, and recovery software while avoiding the expense of software licenses, hardware, deployment, system management, and maintenance fees. Now organizations have a choice of how to utilize the best software in the industry: a traditional licensing scenario, a hosted option, or a customized blend that suits their preferences.

Here are the answers to some common concerns about financial software hosting:

Hosting Facility: CyrusOne is a secure, SAS-70, Type II certified, Tier 4 data center.  The facility has 100% power and network availability.  It is a nationally recognized hosting facility that is utilized by several top 5 financial institutions, banks, and oil and gas organizations.  Shaw Systems utilizes this environment for various internal mission-critical applications.

Secure Data: Your application data is segregated and secure so that only authorized users and representatives of your company have access. Applications, information, data, reports, and interfaces can be accessed in a wide array of popular secure formats.

Implementation: Shaw Systems has created “move-in” environments for each product line that encapsulate years of experience and best practice configuration.  This allows you to quickly tailor a pre-configured environment that is already built to provide out of the box business intelligence for workflows, reporting, account servicing, collection strategies, and more.

Usability: Users will be up and running quickly with our intuitive, proven, and easy to navigate solutions.

Return on Investment: This financial software hosting offering allows our clients to leverage Shaw Systems’ lending, collections, and recovery software at service price points that open the door to any sized organization. Now financial services organizations can utilize our solutions for a fraction of the conventional licensed-based pricing, providing additional revenue, cost savings, and a quick return on investment.

Upgrades and Feedback: Upgrading your applications requires little or no effort on your part, and absolutely no disruptions. Our Executive Advisory Boards provide the formal mechanism for your feedback and suggestions.