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The Risk Management Association Selects Vertical IQ To Increase Its Commercial Lending | News

Integration combines the powerful eMentor RMA platform with industry-leading intelligence from Vertical IQ

PHILADELPHIA CREAM, February 23, 2021 / PRNewswire / – The Risk Management Association (RMA), a member-driven association whose mission is to improve the practice of sound risk management principles in financial institutions, today announced that it has added Vertical IQ Industry Intelligence to RMA’s eMentor platform. The partnership provides bankers with the tools they need to make better credit decisions and deepen client relationships.

The updated eMentor solution combines timely and actionable vertical IQ industry intelligence with well-vetted credit risk management advice to provide a single source of preparedness information for credit and loan professionals. Clients appreciate a well-prepared banker who knows their industry, understands weaknesses, and can successfully structure loans that match the bank’s risk appetite.

“With the addition of Vertical IQ’s industry knowledge, RMA makes an excellent platform even more essential for bankers who rely on eMentor to understand the risks and opportunities facing financial institutions and borrowers,” said said the president and CEO of RMA. Nancy foster. “EMentor powered by Vertical IQ provides bankers with crucial market information throughout the life of the loan, from initial meetings with borrowers, to setting up a finance package that works for them, and loan performance monitoring. “

“Bankers must be ready to add value to their clients from the first meeting,” said Bobby martin, CEO, Vertical IQ. “The combination of cutting-edge industry intelligence from Vertical IQ and reliable financial data from RMA prepares bankers and their underwriting colleagues to become more confident and knowledgeable advisors. “

RMA’s decision to include some of the best information from Vertical IQ in its eMentor platform ensures that credit and lending teams have the resources they need to succeed, grow and retain more business.

Click on here to learn more about how eMentor powered by Vertical IQ can benefit your organization.

About RMA

Founded in 1914, the Risk Management Association is a nonprofit, member-driven trade association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk and operational risk. Based at Philadelphia, Pennsylvania, RMA has 1,900 institutional members which include banks of all sizes as well as non-bank financial institutions. They are represented within the Association by 18,500 people spread over the entire territory. North America, Europe, Australia, and Asia Pacific.

About vertical IQ

Based at Raleigh, North Carolina, Vertical IQ is a nationally recognized leader in Industry information. Whether showcasing a local brewery or a national biotech, successful sales and marketing teams use Vertical IQ to better understand a prospect’s or customer’s business challenges before, during and after sales meetings. Spanning over 525 distinct industries, 3,400 local economies and over 90% of the US economy, Vertical IQ gives users the confidence and credibility to make memorable first impressions and nurture lasting relationships. Learn more about how preparation wins at VerticalIQ.com.

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SOURCE The Risk Management Association