Navigation:  Getting Started > Setup

Before you can use EFT GOLD, setup must be completed so the product functions correctly for your institution. This section outlines this setup.

 

Step 1: OFAC Setup

 

Your institution must be on the new OFAC processing (Institution Option DFFN).

 

Step 2: Account Numbers

 

Your institution must be on the new account number conversion (Institution option NRCV).

 

Step 3: Establish Access to EFT GOLD

 

EFT GOLD is a browser-based product that can run on a Web browser like Chrome or Internet Explorer. You can also open it from inside CIM GOLD (under Other Applications). The browser communicates with an application and an SQL database that reside within the FPS GOLD network. Depending on your institution’s firewall configuration and current settings, a firewall rule can need to be added to allow your institution terminals to communicate with the EFT GOLD system.

 

FPS GOLD will establish the URL of the service for each institution and ensure that you are pointing to the correct location. FPS GOLD will provide the IP address, and you will need to allow it through your firewall.

 

Step 4: Set Up Security in CIM GOLD

 

If your institution plans to access EFT GOLD through CIM GOLD, your institution will need to subscribe to the Browser Applications screen in Security > Subscribe to Mini Applications.

 

In addition, EFT GOLD uses many security groups that will need to be set up as profiles within CIM GOLD, in Security > Setup. EFT GOLD uses several predefined security profiles as well as institution-defined profiles. Users will need to be added to appropriate profiles based on their duties. Using groups and profiles within EFT GOLD lets you control access and set limits within the system based on departments and user roles rather than individually for each employee.

 

Institution Defined Security Groups/Profiles: Create System Profiles in CIM GOLD to be used for wire permissions and limits. You can use existing profiles such as Teller, Personal Banker, Accounting, Loan Servicing, etc., to establish wire permissions. You can also use Active Directory security profiles to establish wire permissions.

 

 

Administrative Security Groups/Profiles

 

Add employees to these profiles based on the actions they need to perform in EFT GOLD. The actions and functions the profiles control in EFT GOLD are explained below.

 

 

Within EFT GOLD, the security groups are found under Admin > Users/Groups. The example below is sorted alphabetically. Your profile numbers and descriptions cannot match these.

 

 

WireAdminSecurityGroup

The users in this group have access to all Admin functions except Users/Groups. The menu items secured by this option are found on the Admin menu under Management, Options, Provider Options, Custom Rules, Departments, Alerts, OFAC Whitelist, and System Logs.

 

WireCanOverrideTransactions

Users in this group can approve wires but not OFAC suspects. Dual control is used, so approvers cannot approve their own submitted wires. The user's limits are used when this action is processed.

 

WireMessageReaderGroup

Users in this group can view FRB wire messages. "FRB Messages/View FRB Messages" is found on the menu. Click to open the menu.

 

WireMessageUpdaterGroup

Users in this group can create and send FRB messages. If you can create and send messages, you can also view them if you do not remove WireMessageUpdaterGroup from the WireMessageReaderGroup."FRB Messages/View FRB Messages" is found on the menu. Click to open the menu.

 

WireOfacApproverGroup

Users in this group can approve OFAC suspects, but not wires.

 

WireOfacWhitelistUpdaterGroup

Users in this group can approve OFAC suspects and add names to your Whitelist.

 

WireUserAdminSecurityGroup

The users in this group have access to Users/Groups functions on the menu under Admin > Users/Groups.

 

WireUserSecurityGroup

Every user that is going to access anything in EFT GOLD needs to be in this group. The billing for EFT GOLD is based on the users with this security.

 

WireViewFrbBalanceSecurityGroup

Users in this group can view your institution's FRB balance on the Dashboard. Without this security, the user cannot see the balance information.

 

 

Step 5: Set Up Options in EFT GOLD

 

There are many options built into EFT GOLD that can be configured to control some of its functionality. Some options can also set defaults and reduce the number of clicks and amount of data entry throughout the system. Once step 4 is complete, a member of the WireAdminSecurityGroup from your institution can log into EFT GOLD and set these options. Wire system options are found on the menu under Admin > Provider Options.

 

Step 6: Set Up Your General Ledger Autopost Parameters, Descriptors, and Wire Teller Number

 

The information needed to complete this step is found in the How It Works section of this user's guide. FPS GOLD needs to enter your teller number in Institution Option FTLR.

 

Step 7: Establish Departments

 

You can limit wires a user can create, view, or approve based on departments. User Permissions and Group Permissions are established by department. An employee can have more than one User Permission under the following circumstances: (1) if that employee is part of two or more departments or (2) if the employee is only part of one department and the Single and Daily Wire Maximum Amounts are different. An employee can also have more than one Group Permission.

 

Departments can be created and maintained under Admin > Departments > Departments. You can also set User Defaults and/or Group Defaults under Admin > Departments. These defaults will be used when creating a new wire or template as the default for the Wire Department. If no default is set for a user, they will select the Wire Department from a drop-down list on the Create Wire screen; this is a required field. See the "Departments" section under Administrative Options later in this user guide for details on setting up departments.

 

Step 8: Establish User and Group Limits and Permissions

 

Group Permissions are set up under Admin > Users/Groups > Group Permissions. You can set specific wire permissions for different departments and employee roles, such as creating wires, creating wire templates, submitting wires, approving wires, and wire approval limits. See "Group Permissions" under Administrative Options > Users/Groups later in this user guide for details on setting up Group Permissions.  

 

You can also set User Specific Permissions under Admin > Users/Groups > User Permissions. You can set up all permissions at the user level if you don’t want to set up Group Permissions, or you can add more permissions and/or limits to a user in addition to the Group Permissions they have by belonging to a group. See "User Permissions" under Administrative Options > Users/Groups later in this user guide for details on setting up User Permissions.

 

Step 9: Schedule Employee Training

 

FPS GOLD will schedule webinar training before beta testing with the appropriate individuals at your institution.

 

Step 10: Test and Train in the Beta/Staging Environment

 

FPS GOLD will configure a staging site for both Internet Banking and your institution’s back-office testing of EFT GOLD. If you allow it, this is also the time for you to train your customers who use your website to initiate wires. You should also consider sending an advertisement to these Web users about the enhancement and when you will be going live with the new product.

 

We will also configure a test connection to the FRB so that transactions can be tested end-to-end through the FRB. You must contact the Wholesale Testing group at the FRB to have your institution DIT environment pointed to the FPS GOLD test LTERM.

 

FPS GOLD recommends that each institution spend a minimum of four weeks in beta testing before going live. We also recommend that part of that testing include reentering and processing several days’ worth of outbound wires to become familiar with where fields are and to become proficient with the product.

 

 

Step 11: Set a Go-Live Date

 

Once an institution is comfortable with the results of beta testing, a live date will be established and agreed upon with FPS GOLD and the FRB. Unless there is a compelling need to do otherwise, conversions will take place over a weekend, with the first live date on a Monday. Your institution is responsible to contact the FRB to make the changeover to the FPS GOLD live LTERM.  

 

Step 12: Data Conversion and Go-Live

 

FPS GOLD will perform the following processes on the weekend before the go-live date:

 

•Enable the production Internet Banking wire functions.

•Make necessary host JCL changes (Verafin reporting).

 

Step 13: Set Up Multi-Factor Authentication (Optional)

 

If your institution wants two-factor authentication at login, you need to enable the EFT GOLD option for it. To do this, click the <(Re-)Enroll 2 Factor> button on the Profile > Two-Factor Enroll screen.

 

Once the option is set, all EFT GOLD users will be required to enroll the first time they log into EFT GOLD.  EFT GOLD supports any two-factor application that uses the Google Authentication algorithm. Examples of this include Google Authenticator, DUO Mobile, Authy, and others. This feature is found under Admin > Options > Authentication > Require Two-Factor Authentication.

 

 

Step 14: Create Custom Rules (Optional)

 

EFT GOLD contains a powerful and flexible custom rules engine that can be used to require additional approvals, place wires in a review state, auto-approve wires, and more. These rules can be added at any time before or after conversion. They are found on the menu under Admin > Custom Rules.  

 

 

Step 15: Configure Alerts (Optional)

 

EFT GOLD can send alerts to email addresses when certain events occur. These alerts can be set up and configured within EFT GOLD any time before or after the conversion. The alert options are found on the menu under Admin > Alerts.

 

 

Step 16: Start the System

 

A bank employee needs to start the system when you are ready to go live.