Portfolio management, financial analysis technology supports education of future credit analysis professionals
CARMEL, Ind., Nov. 14, 2016 – Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced today that Wayne, N.J.-based William Paterson University is now using its web-based financial analysis tool, Baker Hill® Statement AnalyzerSM, to instruct students enrolled in the school’s Credit Analysis for Commercial Banks course “It is certainly a testament to our technology to have William Paterson University train future credit analysts with our software,” said Naseer Nasim, CEO of Baker Hill. “As banks increasingly realize the importance of complementing their origination businesses with continuous portfolio risk management monitoring, it will be vital for credit analysts to become familiar with progressive solutions that provide consistent financial analyses and facilitate strong credit decisions.” Baker Hill® Statement AnalyzerSM is an online financial analysis solution that enables users at financial institutions to understand and manage a borrower’s credit risk. William Paterson University students will gain access to, in one central location, a tool that facilitates reporting, financial data collection, cash-flow remappings, global cash flow analysis, covenant tracking and the creation of a comprehensive credit memorandum. Statement Analyzer is part of Baker Hill’s suite of commercial lending and risk management products, designed to help financial institutions identify both the risks and the opportunities within their portfolios.
“Baker Hill Statement Analyzer is an integral part of the Commercial Credit Analysis for Banking course. While the program has many functions, it is very easy for me to teach the students how to use and understand its various features,” said Kenneth Farrell, adjunct professor at William Paterson University, and vice president and commercial credit manager at Provident Bank. “The course takes a practical approach to commercial credit analysis, using real-life case studies, ratios and calculations, and the fact that this program is used by many financial and banking institutions enhances this practical approach. The students know that they are being taught commercial credit analysis with the actual program that they may encounter in their financial or banking careers. Overall, I am very satisfied with Baker Hill Statement Analyzer.”
About Baker Hill
Baker Hill empowers financial institutions to work smarter and drive more profitable relationships. The company delivers solutions that streamline origination and portfolio management for business, consumer direct and indirect lending. Baker Hill also delivers sophisticated business intelligence and revenue enhancement solutions that support sound business decisions to mitigate risk and generate growth. Baker Hill is the #1 provider of member business lending services, serving 600 financial institutions, including more than 20% of the top 150 U.S. banks and 20% of the top 25 U.S. credit unions. For more information, visit www.bakerhill.com.