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June 3, 2010
Bank Technology News (BTN) discusses how Primatics' Evolv Risk takes stress testing to the clouds
Primatics Financial’s Evolv Risk product has just been listed as a finalist for Bank Technology News’ 2010 Innovator Award. The article discuses the cutting-edge technology behind the product itself as well as the benefits to its clients. The Evolv Risk Platform leverages cloud computing and robust business intelligence capabilities to provide clients the ability to analyze large amounts of data at a fraction of the cost other providers require.
Excerpt from the BTN article:
Risk managers can enter myriad information on economic conditions, rates and other risk metrics into a dashboard to determine the impact on specific borrowers and portfolios. "The senior management can come up with all kinds of scenarios," Dave Payne, Primatics Manager, says. "It's like being a kid in a candy store."
The entire BTN article is in the PDF below.
BTN Innovators Award ArticleIf you’d like more information on this topic, please call Tracy Swensson at 703.342.0046 or e-mail Tracy at tswensson@primaticsfinancial.com.
About Primatics Financial
Primatics Financial was founded in 2004 to provide accounting compliance, analytics, valuation, and risk management to small, medium and large size financial institutions. A leading-edge consulting and product development firm, Primatics is widely recognized for its ability to combine innovation with extensive domain expertise – bridging the gap between data, analytics, accounting, and technology to deliver progressive, promising end-to-end solutions. For more information about Primatics, call 703.342.0040 or visit www.primaticsfinancial.com.
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Bank Technology News (BTN) discusses how Primatics' Evolv Risk takes stress testing to the clouds
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