PRESS RELEASES

Press Release

February 24, 2011

Response Analytics Licenses Innovative Asset Management Solution to Federal Home Loan Bank, Des Moines

Application Adds Important Credit Risk Management Capabilities

SCOTTSDALE, Ariz. – February 24, 2011 – Response Analytics Inc., a leading Financial Services Optimization (FSO) company, announced today that The Federal Home Loan Bank of Des Moines has licensed Response Analytics’ Mortgage Asset Management solution. The Federal Home Loan Bank of Des Moines will implement the enterprise software solution to support the collateral reporting and risk management process associated with member financial institutions. Response Analytics was selected based on the unique ability to adapt its asset management platform to important client needs emerging within the Federal Home Loan Bank system.

“We are excited to be partnering with Response Analytics,” said Jodie Stephens, Collateral Risk Manager of The Federal Home Loan Bank of Des Moines. “The Mortgage Asset Management System offers us a quick implementation time and enhanced processing flexibility resulting from ease of user configurability.”

Based on software architecture that employs an industry-first Client Adaptive Technology (CAT), Response Analytics’ asset management solution will be used to:

Systematically load loan submissions using automated data integrations and interfaces and perform quality control on member bank submissions;
Automate the process for updating field survey data and retain survey snapshots for analysis and trending; and
Stratify and report on portfolios by asset classes and monitor member bank performance with user-defined dashboards, open-ended reporting plus alerts.

“FHLB Des Moines is truly an innovator in how they visualize the asset management process evolving for member financial institutions and we are pleased to be providing new capabilities to facilitate their commitment to excellence,” said Brent Lippman, Chief Executive Officer of Response Analytics.

About The Federal Home Loan Bank of Des Moines
The Federal Home Loan Bank of Des Moines is a wholesale cooperative bank that provides low-cost, short and long-term funding and community lending to more than 1,200 members, including commercial banks, saving institutions, credit unions, insurance companies, and community development financial institutions. The Bank is wholly owned by its members and receives no taxpayer funding. The Bank serves Iowa, Minnesota, Missouri, North Dakota, and South Dakota and is one of twelve regional Banks that make up the Federal Home Loan Bank System. For more information visit http://www.fhlbdm.com/default.htm.

About Response Analytics
Response Analytics, Inc. is a leading Financial Services Optimization (FSO) company that solves mission critical issues and evolving business challenges, using “next-generation” software innovations. Response Analytics’ software is helping answer what is perhaps one of the financial industry’s most urgent issues – valuation, management and monitoring of real estate assets using sustainable technology which minimizes risk. Unlike “first-generation” applications or approaches, Response Analytics provides a client-adaptive asset management platform which provides new levels of control and productivity while reducing total cost of ownership. For more information visit us on the web at www.responseanalytics.com.

Contact:
Tim Manning
Tim.Manning@responseanalytics.com
480-429-4480 Ext. 118

		480-429-4480 \| Email Us \| Have Response Call You
	HOME SOLUTIONS ENTERPRISE RISK MANAGEMENT MORTGAGE ASSET MANAGEMENT MORTGAGE LITIGATION ANALYTICS NEWSROOM ABOUT US MANAGEMENT INVESTORS & BOARD OF DIRECTORS CAREERS CONTACT US
		PRESS RELEASES Press Release February 24, 2011 Response Analytics Licenses Innovative Asset Management Solution to Federal Home Loan Bank, Des Moines Application Adds Important Credit Risk Management Capabilities SCOTTSDALE, Ariz. – February 24, 2011 – Response Analytics Inc., a leading Financial Services Optimization (FSO) company, announced today that The Federal Home Loan Bank of Des Moines has licensed Response Analytics’ Mortgage Asset Management solution. The Federal Home Loan Bank of Des Moines will implement the enterprise software solution to support the collateral reporting and risk management process associated with member financial institutions. Response Analytics was selected based on the unique ability to adapt its asset management platform to important client needs emerging within the Federal Home Loan Bank system. “We are excited to be partnering with Response Analytics,” said Jodie Stephens, Collateral Risk Manager of The Federal Home Loan Bank of Des Moines. “The Mortgage Asset Management System offers us a quick implementation time and enhanced processing flexibility resulting from ease of user configurability.” Based on software architecture that employs an industry-first Client Adaptive Technology (CAT), Response Analytics’ asset management solution will be used to: Systematically load loan submissions using automated data integrations and interfaces and perform quality control on member bank submissions; Automate the process for updating field survey data and retain survey snapshots for analysis and trending; and Stratify and report on portfolios by asset classes and monitor member bank performance with user-defined dashboards, open-ended reporting plus alerts. “FHLB Des Moines is truly an innovator in how they visualize the asset management process evolving for member financial institutions and we are pleased to be providing new capabilities to facilitate their commitment to excellence,” said Brent Lippman, Chief Executive Officer of Response Analytics. About The Federal Home Loan Bank of Des Moines The Federal Home Loan Bank of Des Moines is a wholesale cooperative bank that provides low-cost, short and long-term funding and community lending to more than 1,200 members, including commercial banks, saving institutions, credit unions, insurance companies, and community development financial institutions. The Bank is wholly owned by its members and receives no taxpayer funding. The Bank serves Iowa, Minnesota, Missouri, North Dakota, and South Dakota and is one of twelve regional Banks that make up the Federal Home Loan Bank System. For more information visit http://www.fhlbdm.com/default.htm. About Response Analytics Response Analytics, Inc. is a leading Financial Services Optimization (FSO) company that solves mission critical issues and evolving business challenges, using “next-generation” software innovations. Response Analytics’ software is helping answer what is perhaps one of the financial industry’s most urgent issues – valuation, management and monitoring of real estate assets using sustainable technology which minimizes risk. Unlike “first-generation” applications or approaches, Response Analytics provides a client-adaptive asset management platform which provides new levels of control and productivity while reducing total cost of ownership. For more information visit us on the web at www.responseanalytics.com. Contact: Tim Manning Tim.Manning@responseanalytics.com 480-429-4480 Ext. 118
Privacy \| Trademark \| Site Map \| Contact Us