Chicago, IL (PRWEB) March 1, 2006
Inmatrix announced today that the company is experiencing rapid growth this first quarter of 2006, having already added 25 new banks to its client base here in the United States. The majority of these banks are members of America’s Community Bankers and Western Independent Bankers, two associations that serve the business needs of community banks and with which Inmatrix maintains strategic alliances.
“Commercial lending is a very competitive market for banks,” said David Allen, president and chief executive officer of Inmatrix. “To compete effectively and win, bankers need commercial credit tools that help them to simultaneously develop deep relationships with their customers and manage risk to their organizations. That’s precisely the power behind our Optimist and Portfolio Strategist software solutions. Our products are designed to enhance financial communications between banker and customer and assist in positioning the banker as a trusted financial advisor. On the risk management side, these solutions enable a banker to diagnose customers who are showing signs of deterioration, closely monitor changes in their performance, and implement corrective action early on to save problem loans.”
“Optimist fits our model of being an advisor to our clients,” said Paul Brown, chief lending officer of Howard Bank, an America’s Community Bankers member bank. “We want to provide service beyond what most typical banks offer. We want to have longer, more meaningful conversations with clients to figure out exactly what their needs are and provide them with advice that quickly gets them to their business goals. (With Optimist) our relationship managers can actually sit down with a client or prospect, tie the business’s income statement and balance sheet together, and get critical answers right away. Business owners, especially small business owners, don’t have a lot of time. They really do rely on someone who can suggest alternate ways of doing things—especially when those suggestions lead to greater business success for them.”
The Optimist and Portfolio Strategist commercial lending enhancement tools enable financial institutions to make better credit decisions, develop stronger client relationships, and achieve greater profitability. These software solutions increase lending efficiencies, enhance relationship management capabilities, and minimize credit risk for a more successful commercial loan portfolio.
Inmatrix Inc. offers a dynamic, interlocking suite of credit risk management solutions for banks seeking to increase their commercial loan businesses. From credit assessment and monitoring of individual borrowers or portfolios to stress testing of business plans, key financial drivers, and credit scenarios, Inmatrix has the tools banks need to achieve superior business results. The company was founded in Melbourne, Australia, in 1999 and has enjoyed rapid global growth with offices now in the United States and Canada. For more information, visit http://www.inmatrixinc.com.
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