Fiserv Inc. announced Thursday a new online tool to help financial institutions evaluate risk.
BancAnalyst Risk examines enterprise risk and its influence on franchise viability and earnings volatility, according to a press release. The product helps identify where a bank should apply resources to effectively manage its risk. The tool focuses on and scores a financial institution’s exposure in seven enterprise risk categories, including market area, velocity, strategic, capital management, asset quality, liquidity and earnings composition.
BancAnalyst Risk is part of Fiserv’s Bank Intelligence Solutions product line that also includes BancAnalyst Profit and BancAnalyst Growth.
