San Francisco, CA (PRWEB) July 10, 2009
With the release of the RMA Extract Utility, Inmatrix now provides all Optimist users with a plug-in that supports extraction of data from Optimist models for submission to RMA's Annual Statement Studies®, the leading source of financial statement benchmarks on private businesses.
The RMA Extract Utility is a highly configurable tool custom-built for Optimist users that allows them to run the extract in an easy-to-use environment or to remap their entire submission if they wish. It draws data directly out of Optimist models stored on a network drive, SQL or Oracle Database and populates the prescribed RMA Access database.
This is the first year that Inmatrix is offering Optimist users the opportunity to be part of creating the RMA benchmarking data. According to RMA, "the more statements that banks are able to submit, the more industries they get back in return."
The RMA Extract Utility and installation instructions can be obtained by contacting your Inmatrix Relationship Manager or by visiting the Inmatrix Web site at: http://www.inmatrixinc.com
For installation instructions or to learn more about the RMA submissions process, please visit their support Web site at: http://www.statementstudies.org/submissioninfo.aspx.
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise-wide approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pennsylvania, RMA has approximately 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 20,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.
About Inmatrix, Inc.
Inmatrix, Inc. is the banking industry's most comprehensive credit risk analysis solution. More than 50% of the world's 1-AA rated banks use Inmatrix to minimize credit risk for commercial loans.
Inmatrix provides critical underwriting functions needed to evaluate entire portfolios or single loans using a multitude of spreading, analytics and stress testing scenarios. Inmatrix offers a full array of banking industry solutions such as Commercial & Industrial, Commercial Real Estate, Personal Cash Flow and Risk Rating Delivery under the brands Optimist® and Portfolio Strategist®. Based in San Francisco, Inmatrix has been in business 11 years serving more than 2,500 customers in 21 countries worldwide.
For further information, please contact:
Executive Vice President
North American Sales
2121 N. California Blvd., Suite 290
Walnut Creek, CA 94596
Call Direct: 925-974-3552
The Risk Management Association (RMA)
Sylwia Czajkowska, MBA
Strategic Learning & Research
1801 Market Street, Suite 300
Philadelphia, PA 19103
Call Direct: 215-446-4071