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Follow on Google News | Fintellix to Demonstrate Advanced ALLL Management Product at 2015 ABA CFO Exchange, Nashville, TN“The constant change in the community bank CFO's environment— 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- 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. End
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