Fiserv Inc. is offering five Sageworks products to financial institutions through its account processing platforms.
Fiserv said Tuesday in a news release that the products from Sageworks provide global cash flow analysis, risk rating management, loan administration, loan portfolio stress testing and allowance for loan and lease losses management. Fiserv will make these available through a centralized account management system.
Sageworks provides loan portfolio credit risk and management products to financial institutions.
"Loan portfolios represent the largest assets for most of our clients and are their predominant source of revenue," Kevin Collins, president of lending solutions for Fiserv, said in a news release. "Diverse loan portfolios require detailed insight into enterprise risk scoring, credit analysis and stress testing, particularly for mid-to-large sized banks."
