Posts Tagged ‘Risk’

Hancock Bank Selects SunGard?s Ambit Credit Risk Management Solution Suite

Posted in Consolidate Loans on 12/05/2011 06:03 pm by


Hancock Bank Selects SunGard’s Ambit Credit Risk Management Solution Suite

Gulfport, MS (PRWEB) October 31, 2011

Hancock Holding Company (HBHC), a commercial bank giving company offering personal and business banking services with over US$ 20 billion in assets, has selected SunGard’s Ambit Credit Risk Management solution suite. The bank will use Ambit Credit Assessment for comprehensive credit risk assessment and Ambit Credit Portfolio Monitoring for existent-time supervising of risk across Hancock Holding Company’s assorted portfolios and sub-portfolios. The solution will assist Hancock meliorate credit risk analytics for raised asset quality forecasting.

SunGard’s Ambit Credit Risk Management will help the bank streamline its approach to assessing the creditworthiness of commercial lending products including Commercial & Industrial (C&I), Commercial Real Estate (CRE) and small business loans. This will help the bank improve underwriting efficiency and enterprise-wide risk management. The solution suite will also facilitate the consolidation of disparate data sources, and apply an integrated risk rating framework for better visibility into the loan portfolio. Finally, Ambit Credit Risk Management will enhance the bank’s relationship management capabilities to help make it easier for Hancock to take advantage of cross selling opportunities.

Hancock senior vice president and senior credit administration officer, Mike Dickerson, said, “Hancock’s selection of SunGard’s Ambit Credit Risk Management helps the bank implement greater credit portfolio control and analytics. Ambit Credit Assessment and Ambit Credit Portfolio Monitoring will facilitate a holistic, standardized approach to enhanced portfolio analytics, real-time multiple variable stress testing, loan approvals, and ongoing credit compliance within the company’s commercial line of business. This investment represents Hancock’s ongoing commitment to growing the company safely while fostering upside scalability and confidence in our credit risk management processes.”

Andreas Hug, chief operating officer of SunGard’s Ambit Risk & Performance Management business unit, said, “SunGard’s Ambit Credit Risk Management helps banks increase the strength of their risk-adjusted performance analytics. From assessing the creditworthiness of loans and enhancing the bank’s relationship management capabilities, to helping improve transparency into the loan portfolio, the solution suite helps banks better understand their risk and make more informed lending decisions.”

About Hancock Holding Company
With assets of about $ 20 billion, Hancock Holding Company, Inc., (Nasdaq: HBHC) is the parent company of Hancock Bank and Whitney Bank, institutions founded more than a century ago on ideals of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility.

The company operates almost ccc full-service bank branches and nearly 400 ATMs across a Gulf South corridor spanning South Mississippi; southern Alabama; South central Louisiana; the northerly, central, and Panhandle regions of Florida; and metropolitan Houston, Texas. The Hancock Holding Company financial services family also includes Hancock Investment Services, Inc.; Hancock Insurance Agency and its divisions of J. Everett Eaves and Ross King Walker; Magna Insurance Company; Southern Coastal Insurance Agency, Inc.; corporate trust offices in Gulfport and Jackson, Miss., New Orleans and Baton Rouge, La., and Orlando, Fla.; and Harrison Finance Company.

Investors and customers can access more information about Hancock Holding Company, Hancock Bank, and e-Banking at http://www.hancockbank.com. Details about Whitney Bank and online banking are available at http://www.whitneybank.com.

About SunGard’s Ambit
SunGard’s Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and performance. Ambit helps banks retain and acquire customers, improve staff efficiency and effectively measure and allocate their capital. For more information, visit http://www.sungard.com/ambit.

About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managing IT services, information availability consulting services and business continuity management software. With annual revenue about $ 5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit http://www.sungard.com

Trademark Information: SunGard, the SunGard logo and Ambit are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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Bad Debt Loans: Forget All Financial Issues Now

Posted in Loans on 11/25/2009 09:45 am by
John Tracey asked:


Having a bad debt definitely imposes n number of problems on the person, who has a bad debt because this stops him from getting a further loan from any financial institution or even from any individual lender. Giving a loan to a person, who has a bad debt tag to himself is like taking up a huge risk. Well, this was the scene until some time back. But now with the boom in the finance industry and the availability of various kinds of loan products and loan schemes, it seems that things for bad debt borrowers have become much eased off and today with the help of bad debt loans, these bad debt borrowers can actually meet their financial requirements and their financial needs. In fact, they can also get back their good debt tag because this loan enables them to pay back all their earlier debts.

There are n numbers of financial institutions as well as individual lenders, who provide bad debt loans to bad debt borrowers. This has mainly happened because of the fact, that even bad debt borrowers also have financial requirements and they find it really difficult to get hold of a loan in their need of the hour. Moreover, the boom in the finance industry has definitely made things much easier for each class of people and therefore, bad debt borrowers have also now got a chance to get a loan. Since there are many lenders, who provide bad debt loans, it is necessary that you do a little research before you take the loan from any particular lender. This basically helps you get the details of all the pros and cons that are attached with this loan. Moreover, you also get to know the various rates of interest that are attached with this loan.

Internet has definitely helped in the evolution of mankind and today, the world has in fact become a much smaller place to live in. Each of these financial institutions is taking full advantage of this unbeatable medium of communication and therefore, has a corporate website of their own. These websites have all the information related to the various loan products and the loan schemes that provide to the borrowers. Moreover, one can also apply for bad debt loans from the comfort of his or her home by simply filling in the online form for the same that is generally published on their corporate website. Therefore, things have actually become damn easy for people because now they can get all the information from the website and even they still have some more queries, then they can fill in the query form that would be promptly answered to by any of the executives, who work for these financial institutions.

In fact, with the help of bad debt loans, a bad debt borrower can actually repay back all his or her earlier debts and then can get the good credit tag. These loans also help to meet all the required financial needs and therefore, it definitely help to secure the future of the borrower.



Lloyd