AUSTIN, Tex. - Sheshunoff Information Services Inc. has acquired Risk Analytics Inc. of Denver in a move to bolster its asset/liability management offerings.
The information and consulting company said the purchase also expands its expertise in interest rate risk management and compliance with the regulatory and accounting requirements of FAS 115, FAS 107, and Federal Deposit Insurance Corporation Improvement Act standard 305.
Sheshunoff said the purchase will also make these services more affordable for community banks, with basic services for banks with less than $100 million of assets starting at $2,000 a year.
Sheshunoff is owned by Thompson Financial Services, parent company of the American Banker.