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The Corvus Group

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The Corvus Group and DiCom Software Form Strategic Alliance to Provide Loan Advisory Solutions to Financial Institutions


Chicago, IL, February 10, 2012 --(PR.com)-- The Corvus Group, Inc., a bank advisory and commercial real estate capital services company, and DiCom Software, a developer of credit risk management technology systems, today announced they have entered a strategic alliance to provide financial institutions with new solutions and approaches for managing their loan portfolio risks, reducing loan losses and improving their credit analysis.

The alliance combines Corvus’s loan advisory analysis and consulting services with DiCom’s CQS credit risk management software suite. Corvus will use DiCom CQS, in combination with their loan advisory services, to deliver credit risk management solutions tailored to community banks with under $1 billion in assets. Together, the firms will help financial institutions identify, mitigate and manage loan portfolio risks with greater efficiency, speed, transparency and credit risk oversight.

Specifically, the Corvus-DiCom solutions package will help financial institutions with:

Portfolio risk assessment and monitoring, including loan portfolio quality, loan loss reserve methodologies and rate loan risk

Loan reviews and valuations

Loan servicing and lending program compliance, loss share compliance and regulatory reviews

Asset management services that help resolve distressed commercial real estate loans and maximize the value of each asset in real estate portfolios.

“Loan review and stress testing are key focus areas in today’s financial services regulatory environment. Our partnership with DiCom offers a powerful consulting and technology platform that can help our banking industry clients quickly identify and mitigate credit risk in their loan portfolios,” says Corvus Group Principal Rick Pryzdia.

“The Corvus loan advisory services team offers front-line portfolio risk assessment and monitoring experience that complements our suite of Windows-based tools that provide banks with automated portfolio analysis, portfolio management and loan review solutions. Together, our alliance will help community banks more efficiently analyze and manage their loan portfolios,” says DiCom’s Chief Executive Officer Carolyn Nobles.

The Corvus Group

Founded in 1997, The Corvus Group (www.thecorvusgroup.com) provides banking and real estate advisory services to clients nationwide, with specialized expertise in loan advisory, loss share monitoring, debt and equity placement, due diligence, contract underwriting, and asset and risk management. Having managed or monitored more than $67 billion of real estate assets, Corvus is among the nation’s leading companies involved in the resolution and disposition of commercial real estate loans for both public and private sectors. The firm has offices in Washington, D.C. and Chicago.

DiCom Software

DiCom Software is a leading provider of credit risk management technology solutions for financial institutions nationwide. The company’s product suite, DiCom Credit Quality Solution (CQS), delivers tools to efficiently analyze, review and monitor loan portfolios while minimizing risk. DiCom’s solutions are the preferred choice of today’s best credit risk personnel at banks across the U.S. ranging in size from $1 billion to more than $100 billion in assets. DiCom helps smart bankers make better decisions. For more information, visit www.dicomsoftware.com.

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Contact Information
The Corvus Group
Diana Chrissis
312-546-9536
Contact
www.thecorvusgroup.com

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