Automated Financial Systems, Inc., a leading provider of software solutions and services to financial institutions, and The Risk Management Association (RMA), which advances enterprise-wide risk management through education, products, and community announced that KeyBank has become the latest institution to join the RMA Credit Risk Navigator, powered by AFS.
“With features including a one-of-a-kind monthly reporting cadence, extensive data granularity, customizable reporting, and intuitive dashboards, Credit Risk Navigator provides important commercial credit metrics for bank leadership.”
“We are looking forward to leveraging the rich data available through the Credit Risk Navigator (CRN) database,” said John Dravenstott, Portfolio Executive at KeyBank. “Portfolio benchmarking and peer analytics is a core component of our risk management framework, and we found that the CRN database provides unique depth and granularity of data in the commercial space.”
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Leveraging nearly two decades of reporting covering all major industry and product types, the CRN database provides numerous key risk indicators and metrics and encompasses nearly 850,000 individual loans. KeyBank will now be able to draw on the robust, unique strength of the CRN database to monitor its credit risk profile and make more informed and focused portfolio strategy decisions.
“We are excited to welcome KeyBank into the CRN consortium,” said Doug Skinner, Director of AFS Business Intelligence Services. “External benchmarking is a central tenet of a sound risk management framework. The CRN database will enhance KeyBank’s ability to benchmark their commercial portfolio composition, risk, and performance against peer banks and the industry as a whole.”
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“As an association focused on providing exceptional value for our Members, we are pleased to partner with AFS to offer Credit Risk Navigator,” said Carly Edmondson, Senior Product Manager of RMA. “With features including a one-of-a-kind monthly reporting cadence, extensive data granularity, customizable reporting, and intuitive dashboards, Credit Risk Navigator provides important commercial credit metrics for bank leadership.”
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