PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Fintellix Solutions Pvt. Ltd.

Press Release


Receive press releases from Fintellix Solutions Pvt. Ltd.: By Email RSS Feeds:

Fintellix to Demonstrate Advanced ALLL Management Product at the 2015 ABA CFO Exchange, Nashville, TN


Nashville, TN, June 05, 2015 --(PR.com)-- Fintellix will be sponsoring this year’s annual American Bankers Association CFO Exchange. Scheduled to be held from June 8 – 10 at the Hilton Downtown in Nashville, Tennessee the conference will educate community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more. In association with its knowledge partner, Ardmore Banking Associates, Fintellix will be demonstrating its Allowance for Loan and Lease Losses (ALLL) Management Module from its Credit Portfolio Management suite, bringing a proven ALLL methodology delivered on a next generation automation platform to community banks and credit unions.

“The constant change in the community bank CFO's environment— Capital, Profitability, Accounting and Credit Risk Management —is creating some very real challenges,” said Anup Pai, COO, Fintellix. “Which is why the ABA CFO Exchange provides an excellent platform as it enables community bank CFOs to interact with their peers, share ideas, and understand new and upcoming regulations and practices. We are delighted to demonstrate our Credit Portfolio Management expertise, with a focus on how the Fintellix ALLL Manager can help community bank CFOs navigate the new CECL landscape.”

Fintellix Credit Portfolio Manager is the only solution available in the market to cover all aspects of “Loan Data Life Cycle” entailing data acquisition, transformation, unification, standardization, calculation and representation. It is a one stop solution to help community banks and credit unions with ALLL Reserve Calculation and Reporting, Portfolio and Performance Analytics and Reporting, Credit Portfolio Review and Monitoring and Portfolio Stress Testing.

The Fintellix ALLL Manager enables community banks to become audit and examination ready, while providing management with rich credit portfolio analytics. Featuring a straight-through process built around ALLL calculation and process-related requirements prescribed by regulators, and delivered on a flexible, future-proof, next generation Data Management platform, Fintellix ALLL Manager substantially reduces manual efforts and inaccuracies in calculations. In addition to ALLL calculations and reporting, Fintellix ALLL Manager also helps banks track and manage asset quality definitions with in-built features for early warning asset deterioration signals.

To extract maximum ROI on banks' existing data infrastructure investments, Fintellix also has an innovative Cloud alternative, which besides reducing overall TCO, dramatically shrinks implementation timelines. Fintellix Cloud encompasses Fintellix’s Compliance, Risk and Analytics solutions along with the Fintellix Data Management Platform features as suited to each solution. Fintellix Cloud also eliminates concerns around managing hardware and software as the solution leverages capabilities of a shared infrastructure where banks pay as per usage with a seamless exit strategy, automatic upgrades and scalability.

About Fintellix

Banks of all sizes in almost all geographies find themselves at a similar point of necessity – the need to use growing volumes and myriad varieties of data to respond to regulatory and competitive pressures. Fintellix enables progressive banks leverage data to catalyse growth, manage risk and automate regulatory reporting through the use of a powerful, unified Banking data platform. The Fintellix Banking data platform pools data across multiple structured and unstructured data sources and makes a unified data infrastructure available for Business users and analysts to generate new insights, run pre-determined analytics or generate structured management or regulatory reports. Fintellix has enabled banks across the world make regulatory transitions from Basel II to II.5 to III as well as put in place data aggregation and dissemination policies as per global standards (BCBS239). Fintellix has also enabled progressive banks gain market share by leveraging data analytics to drive marketing, align sales and develop better product management.
Contact Information
Fintellix Solutions Pvt. Ltd.
Rupa Dokania
918040589400
Contact
www.fintellix.com

Click here to view the list of recent Press Releases from Fintellix Solutions Pvt. Ltd.
Promote Your Business