Banker’s Toolbox Now Offering Outsourced CRE Loan Stress Testing & Consulting

- Affordable outsourced CRE stress testing made possible by cost-effective technology -

NORTH HOLLYWOOD, CALIF., Dec. 7, 2009 – 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 announced the availability of outsourced CRE loan stress testing services to help community and regional banks accurately evaluate their holdings, make more informed decisions, and adhere to regulatory guidance for commercial real estate loans.

Since commercial real estate stress testing is becoming standard procedure for ensuring safety and soundness, financial institutions of all sizes are seeking out sustainable stress testing methods that overcome budget restrictions in light of the fragile economy. Banker’s Toolbox has launched an outsourced stress test reporting service, which enables bankers to embrace the expertise of consultants without having to hire more staff or place an additional burden on existing staff. Of the available consulting firms that offer outsourced stress testing services, Banker’s Toolbox has an edge—cost-effective technology and scalability.

“What sets Banker’s Toolbox apart from the other available consulting options in the industry is that we utilize our state-of-the-art stress testing technology to streamline the process and keep overall expenses to a minimum,” said Daniel Cho, chief executive officer of Banker’s Toolbox. “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.”

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 the use of enhanced stress testing technology, which can be licensed separately, Banker’s Toolbox has the framework in place to produce the most efficient and comprehensive outsourced CRE stress testing reports at the lowest cost.

“Commercial real estate loan stress testing has emerged as the new paradigm for asset risk management, and with affordable options available, examiners aren’t accepting any excuses,” remarked Cho. “Whether you choose to conduct stress tests yourself or place the task of stress testing in the hands of experts, Banker’s Toolbox has a stress testing solution that fits the needs of your institution.”

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About Banker’s Toolbox, Inc.
North Hollywood, Calif.-based Banker’s Toolbox, Inc., helps banks manage risk and streamline compliance examinations. The company’s product suite consists of affordable solutions for money laundering detection and reporting, risk management through fraud and kite prevention, secure wire processing automation, and commercial real estate loan portfolio risk assessment. The Banker’s Toolbox team is a unique combination of seasoned bankers and information technology consultants who specialize in designing, developing and implementing risk management solutions nationwide while providing unparalleled customer service to regional and community banks. For more information, visit the company’s Web site at www.bankerstoolbox.com.