In short, Optimist increases lending efficiencies, enhances relationship management and minimizes credit risk for a more successful loan portfolio. With Version 7.2 all of these Optimist promises are further strengthened.
Chicago, IL (PRWEB) June 6, 2006
Inmatrix, Inc. announced today the immediate release of Optimist version 7.2 -- hailed as the most advanced commercial lending software solution for small business and mid-market lenders. “Inmatrix, Inc. constantly seeks feedback from both clients and the marketplace to continually enhance its commercial lending offerings to the banking community. It is in response to requests by ‘hands-on’ Optimist users that significant additions to the already robust functionality of our flagship product are now available,” said David Allen, president and chief executive officer of Inmatrix.
Optimist improvements include strengthened report generation, enriched credit management and expanded functionality to serve the needs of virtually all commercial lenders -- regardless of specialization.
Additionally, credit management is augmented through integration of RMA Statement Studies to compare accounts with industry benchmarks. Likewise, an Alert function has been added to monitor global covenants and notify of any breaches. Using the newly added Tasks feature, built-in ‘ticklers’ are automatic reminders of date driven events, such as financial statement tracking and collection.
A significant expansion in industry templates and the addition of worksheets expands Optimist applications to virtually all U.S. commercial lenders. Multiple standard templates accommodate a range of industries supporting both commercial real estate and C&I lending. Additionally, users may create their own custom templates in minutes. Worksheets deliver complete analysis for commercial real estate, property development, construction, agriculture and land development loans. Custom delivered analysis and the generation of global cash flow from tax returns (1040 & 1065) are welcomed pluses.
“Optimist enables financial institutions to make better credit decisions, differentiate themselves from competitors, develop stronger client relationships and achieve greater profitability,” Allen noted. “In short, Optimist increases lending efficiencies, enhances relationship management and minimizes credit risk for a more successful loan portfolio. With Version 7.2 all of these Optimist promises are further strengthened.”
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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