Wednesday, March 07, 2012
Covarity Announces 2012 Webinars for C&I Lenders
Online educational sessions for commercial lenders
KITCHENER-WATERLOO, CANADA - March 7, 2012 - Covarity, the leading provider of post-origination commercial loan monitoring and analysis solutions for financial institutions that offer working capital lending products, today announced that starting March 14th, 2012, they will host a series of complimentary educational webinars. Specifically, the online events will focus on ways that C&I lenders can increase control, reduce loan losses and grow a successful portfolio.
The webinars will include insight from esteemed speakers - industry analysts, thought leaders and commercial banking executives - who have demonstrated excellence in navigating institutions through the recent crisis. Drawing on best practices, each speaker will relate actual success stories and step-by-step guides to optimize the usefulness of this learning opportunity.
"Last year's webinars were such a huge success, that we've continued with our theme of helping banks improve their commercial portfolio health and performance, with an added focus on issues faced by C&I lenders," stated Rod Foster, Covarity President and CEO. "We are excited about the impressive lineup of topics and speakers that have been assembled."
The Risk Management Association (RMA), the only association that specializes in promoting effective and prudent risk management practices for institutions of all sizes, across the entire financial services industry, has once again offered these webinars to its membership.
Leading with C&I Lending: Best Practices for Porfolio Success - Credit risk expert and recognized speaker, Scott Miller, Principal at Crowe Horwath, will kick-off our 2012 webinar season by sharing a landscape view of the changing world of C&I lending as we explore the significant changes that have occurred over the past 12 months as many institutions made the pivot to C&I to grow and offset CRE declines. Scott will join Covarity to share best practices for portfolio success across a number of C&I lending dimensions.
About Covarity Inc.
Covarity is the leader in post-origination commercial loan monitoring and analysis solutions for financial institutions that offer working capital lending products. Over 20,000 working capital loans representing more than $9 billion in outstanding balances are regularly monitored and analyzed using Covarity. The only solution that combines rich financial analysis with the ability to streamline and automate the complexities of borrowing base formulas and calculations, Covarity is able to support lender's working capital loans requiring frequent review of collateral and financials. By providing the insight and control that lenders need to profitably grow their portfolio - while reducing risk and enhancing client service - Covarity enables lenders to enjoy improved competitiveness, reduced costs and richer client experiences. Covarity's customers include RBC Financial, Fidelity Bank, BMO Financial, Crestmark Bank and Libro Financial. Please see http://www.covarity.com for more information.