HOUSTON (August 27, 2012) -Shaw Systems Associates, Inc. announced that longtime client Frost Bank has licensed ShawSpectrum Floor Plan and Dealer Workbench to enhance its auto finance operations.
Frost Bank now owns seven Shaw product licenses, including RETAIL, COMMERCIAL, COLLECTIONS, Spectrum RECOVERY and CREDITSTREAM.
“Our ShawSpectrum Floor Plan application provides clients with processing, integration, and scalability to help them achieve their auto finance goals,” said Shaw’s Chief Operating Officer Cyndy Stone. “The addition of mobile support for iPads and smartphones leverages these ubiquitous devices to aid in inspections and other business needs.”
ShawSpectrum Floor Plan addresses the needs of both auto lenders and dealers to stay competitive, mitigate risk, and enhance productivity while managing costs. Dealer Workbench is the browser-enabled dealer interface that provides dealers with direct access to their floor plan portfolios.
About Frost Bank
Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc., a financial holding company with $20.9 billion in assets. One of 24 U.S. banks included in the KBW Bank Index, Frost provides a full range of business and consumer banking products, investment and brokerage services, insurance products and investment banking services. Frost operates more than 115 financial centers across Texas.