Green Point to Install Bennett System

NEW YORK, N.Y. - GP Financial Corp., the parent of Green Point Savings Bank, has signed a contract to install an asset-liability management system from Bennett Management Services.

The system includes Bennett's Possibilities Data Warehouse, a data storage, maintenance, and manipulation tool; Possibilities Monaco, an asset-liability and risk management software package; and Possibilities Pricing, a complete funds transfer pricing package.

Charles Richardson, chief financial officer of GP Financial Corp., said the new system is part of an effort to use technology to expand core businesses.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER