PADUCAH, Ky., Nov. 19, 2014 /PRNewswire/ -- With banks
facing increased scrutiny from examiners to maintain resilient loan
portfolios, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider
of end-to-end financial technology solutions, has partnered with
Ardmore Banking Advisors to deliver an enhanced credit management
solution to its core banking customers. Through
myCreditQualityAssurance (myCQA), CSI NuPoint® customers
have access to a risk management package that offers a full suite
of outsourced services, including stress testing, concentration
management and external loan reviews.
"Regardless of asset size, every bank must pay strict attention
to ensuring a healthy, well-balanced loan portfolio," said
Brent McKown, product manager for
CSI. "By partnering with Ardmore Banking Advisors on myCQA, we are
streamlining several processes for our core banking customers,
allowing them to implement and demonstrate industry best practices
to their board of directors, investors and regulators."
By utilizing myCQA, banks can more easily satisfy regulatory
requirements for credit risk control, allowing them to focus on
portfolio health and growth strategies. All services available
through myCQA are customized to each bank's portfolio risk
management objectives; they also are delivered by Ardmore's credit
risk consulting experts, a team of former banking executives and
regulators. Specifically, the solution includes:
- Outsourced loan review on imaged material credits
- Credit portfolio management analysis and reporting
- Credit portfolio stress testing
"Ardmore is very pleased to be working with CSI and their
customers to enhance credit risk management practices," said
Peter Cherpack, senior vice
president and director for Ardmore Banking Advisors. "Through
myCQA, CSI core banking customers gain access to an effective
technology solution that works in concert with consultants who have
extensive banking credit experience in all lending products."
About Computer Services, Inc.
Computer Services, Inc.
(CSI) delivers core processing, managed services, mobile and
Internet solutions, payments processing, print and electronic
distribution, and regulatory compliance solutions to financial
institutions and corporate customers across the nation. Exceptional
service, dynamic solutions and superior results are the foundation
of CSI's reputation and have resulted in the company's inclusion
in such top industry-wide rankings as the FinTech 100, Talkin'
Cloud 100 and MSPmentor Top 501 Global Managed Service Providers
List. CSI's stock is traded on OTCQX under the symbol CSVI. For
more information about CSI, visit www.csiweb.com.
About Ardmore Advisors Inc.
Ardmore Banking Advisors
is a financial institutions market leader in risk management
consulting, recognized for its expertise in loan review, risk
consulting, and credit technology that delivers value-added results
to our community bank clients. Since its inception in 1991, Ardmore
has provided risk management consulting services to hundreds of
banks nationwide, and built an unparalleled reputation for
integrity and expertise with both clients and regulators.
Ardmore's team of successful former senior banking officers and
regulators ensure that our clients receive the highest quality
consulting from professionals who have been in their shoes and
shared their experiences.
SOURCE Ardmore Banking Advisors