OMAHA, Neb.– WebEquity Solutions LLC (WebEquity), announced today general availability of the industry’s first lending solution for pre- and post-approval loan stress testing on a single technology platform. The Company’s Risk Management Dashboard is an advanced tool that provides a financial institution’s C-level management and board members with unprecedented visibility required to proactively assess the risk of its entire loan portfolio.
“WebEquity’s Risk Management Dashboard is a powerful tool for shock testing our whole portfolio of commercial and agriculture loans,” said Chad Aberle, senior vice president of Lending, The Citizens Bank of Finley. “In just a few mouse clicks we can see, from a 50,000 foot level down to each individual loan, where risk could potentially come from. With this insight, we can take decisive action to minimize that risk before it becomes a real problem. This is going to become increasingly beneficial to us as regulators intensify their scrutiny of credit risk management practices.”
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