To evaluate informed decisions and adhere to regulatory guidance for commercial real estate loans
Banker’s Toolbox, a provider of commercial real estate loan (CRE) stress testing software and tools to comply with bank secrecy act/anti money laundering laws, has launched outsourced CRE loan stress testing services.
The new service is to help community and regional banks evaluate their holdings, make more informed decisions and adhere to regulatory guidance for commercial real estate loans. It enables bankers to embrace the expertise of consultants without having to hire more staff or place an additional burden on existing staff.
The outsourced CRE stress testing services include data gathering, data integrity review, concentration analysis of a wide array of segments; stress testing reports, report consultation and a final management report. By incorporating stress testing technology, which can be licensed separately, Banker’s Toolbox has the framework in place to produce the comprehensive outsourced CRE stress testing reports.
Daniel Cho, CEO of Banker’s Toolbox, said: “Incorporating automation with our proprietary model for stress testing enables us to offer affordable and scalable services in a centralized manner, without sacrificing the personalized and professional results expected from consulting firms.”