Alerus Selects VMS Process-and-Control Solution to Enhance Back-Office Processing

NewSpring Holdings

GRAND FORKS, N.D.--Alerus Financial Corporation (“Alerus”) (OTCQX: ALRS) has selected Vertical Management Systems, Inc. (“VMS”) to help streamline the workflow of its wealth management division by providing a comprehensive data aggregation solution for its retirement and trust systems.

“Due to Alerus’ growth over the past five years combined with our acquisition strategy, we needed an aggregation point to create an institutional-level view across our departments to improve transparency and flexibility with current and future third-party products,” said Brian Overby, President of Alerus Retirement and Benefits. “VMS’ workflow solution will provide better compliance oversight and help us maximize efficiency across the organization.” Read more...