Risk Integrated is offering a new service for financial institutions to outsource their risk analytics for commercial real estate lending.
Risk and portfolio managers send their anonymous portfolio data to Risk Integrated, a provider of risk analysis software. The company said on Tuesday that it then uses the Specialized Finance System to analyze the information at the deal level for grading and loan structuring and at the portfolio level for stress testing and risk weighting to meet Basel capital requirements.
Lenders can then use the reports to manage their portfolio, identify problem assets and test restructuring options. Chris Marrison, chief executive of Risk Integrated, said that the service will help banks meet new regulations including the Dodd-Frank Act and the Consumer Credit Protection Act.
Customers can use the service on a case by case or recurring basis. It also meets the needs of small to medium size banks that do not have the resources to create detailed analytics of the risk in their portfolio, the company said.
