Jack Henry & Associates' Y-9 Report Analyzer and Direct Entry Y-9 programs allow bank holding companies with $500 million
or more in total consolidated assets to electronically file their FR Y-9C, FR Y-9LP, FR Y-11 and FR Y-11S reports to the
Federal Reserve. Holding companies will save time and improve accuracy by importing their subsidiary bank's instance
document (e.g., *.xml, *.xTrn) into these programs. The Y-9 software is compatible with all Call Report software vendors,
including a direct link to Jack Henry's Call Report Pro software.
The Y-9 Report Analyzer reduces input and research time by consolidating FR Y-9LP, nonbank subsidiary data, and Call Report
data to produce the FR Y-9C. The Direct Entry Y-9 allows for manual entry of consolidated totals for holding companies that
already have precalculated data and simply want to type it into the form.
To further alleviate the filing burden, bank subsidiaries of the holding company can use the Reclass Y-9 program to reclassify
their Call Report data so that it can be automatically imported into the Y-9 Report Analyzer program maintained by their holding
company. Jack Henry's program will import Call Report instance documents from any software vendor.
These Y-9 programs include extensive Federal Reserve edit checks to ensure accurate filing. More than 2,000 continuous edit
checks save hours of editing, proofing and re-typing time. Additionally, the built-in electronic transmission link in the Y-9
Report Analyzer and Direct Entry Y-9 programs can be used to submit reports to the Federal Reserve via Internet Electronic
Submission (IESUB).
features
Allows for electronically filing of FR Y-9C, FR Y-9LP, FR Y-11 and FR Y-11S reports to the Federal Reserve.
Imports the subsidiary bank's instance document (i.e., transmission file) into the Y-9 Report Analyzer, Direct Entry and Reclass programs.
Provides Y-9 software that is compatible with all Call Report software vendors, including a direct link to Jack Henry's Call Report Pro software.
Includes extensive edit checks to ensure accurate filing - more than 2,000 continuous edit checks save hours of editing, proofing and re-typing time.
Provides a built-in electronic transmission link for sending the reports to the Federal Reserve via IESUB.