SAN DIEGO, CA (PRWEB) May 8, 2006
Bohan Group, a leading provider of risk analysis and transaction support services to the capital markets, has formed a strategic partnership with predictive-analytics software provider Zementis, Inc. to deploy a state-of-the-art risk management solution which propels automated credit risk analysis to a new level of service and quality.
“Secondary Market Investors demand speed and accuracy in every aspect of the due diligence process” said Paul Bohan, Chairman and CEO of Bohan Group. “With the software solution developed by Zementis, we are able to enhance our leadership position through innovative technology which significantly reduces manual intervention while providing instant feedback. It is a critical element in our effort to streamline the business process and to deliver superior value to our clients.”
The Zementis framework employs advanced analytics, predictive models, and an enterprise delivery framework to assess the quality of a credit application in real-time. “Under Mr. Bohan’s leadership, The Bohan Group has pioneered innovative, web-centric information technology solutions for regulatory audits” said Dr. Michael Zeller, CEO of Zementis. “We are extremely pleased to partner with the industry leader and leverage our next-generation risk management framework to optimize due-diligence services.”
Bohan Group LLC was founded in 1995 to provide risk analysis and transaction support services to the largest investment banks on Wall Street. For the past ten years, its resources and expertise, in combination with its advanced proprietary technology, have given the company the ability to provide clients with valuable portfolio insights in a timely and efficient manner. The firm’s due diligence expertise extends to a variety of asset types including all residential mortgage products as well as nonperforming loan products. As an industry-leading firm with offices nationwide, Bohan Group has managed over 5,000 transactions totaling over $400 Billion. Recently, the firm unveiled a Web portal that allows clients secure analysis of portfolio data, precise drill down tools, sophisticated filtering capabilities and executive reports in an archival format. Additional information may be found at http://www.bohangroup.com
Zementis, Inc. provides state-of-the-art statistical and analytical solutions for the financial industry. Powered by advanced neural network technology, the Company's unique Adaptive Decision Engine automates complex decision processes. Zementis’ predictive models offer immediate and objective feedback for credit applications, which increases customer satisfaction, ensures quality with greater volume, and opens new market opportunities. Additional information may be found at http://www.zementis.com