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TBA, Wolters Kluwer to Help Community Banks Enhance Commercial Lending Capabilities

April 16, 2015, 07:19 AM
Related: Wolters Kluwer


Wolters Kluwer Financial Services announced today that it has broadened its long-term relationship with Texas Bankers Association through TBA’s endorsement of the company’s CASH Suite™ solution, a nine-module offering that supports community banks’ commercial lending efforts. The endorsement is an extension to a longstanding product and services endorsement agreement between the two organizations initiated in 1989.

CASH Suite is an enterprise-wide credit risk management and financial analysis software solution. Its functionality enables straight-through processing capability, which helps streamline commercial lending operations, while reducing credit and operational risk and enhancing long-term profitability. 

“Wolters Kluwer Financial Services has been a leader in helping community banks enhance their systems, processes and controls to better manage the complexities of the financial regulatory environment,” said TBA Services Company Executive Director Wanda Stevens. “That support—as reflected in offerings such as CASH Suite—has been integral in helping our member community banks automate, centralize and optimize their lending activities in ways that create greater efficiencies, help increase profitability, and create better value for customers.”

“While commercial lending represents tremendous growth potential for community banks, those opportunities come with challenges that range from increased regulatory compliance and resource constraints to a lack of integrated systems and processes,” said Michael Fuchs, director, Commercial Lending, Wolters Kluwer Financial Services. “The straight-through processing achieved through CASH Suite provides an integrated system to help link commercial lending activities, eliminate redundant data entry, reduce error rates, streamline workflow processes, and accelerate profitability.”

Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions.







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