PRESS RELEASES

Press Release

January 31, 2012

Response Analytics Introduces Next-Generation Enterprise Risk Management Platform for Managing Financial Risk in Financial Services

Innovative Platform Ushers In Important Client-Adaptive Capabilities for Responding to Increasing Regulation and Market Shifts

SCOTTSDALE, ARIZ. – January 31, 2012 – Response Analytics Inc., a Financial Services Optimization (FSO) company, announced today the introduction of its Enterprise Risk Management (ERM) platform for managing financial risk in financial services institutions. The platform is aimed directly at supporting risk management and line of business executives who must optimize decisions for loan loss reserves, regulatory capital, guiding profitable growth and managing yields, in the face of increasing regulatory pressure and market shifts. Response Analytics is the first to introduce an open next generation ERM platform. The company has authored a white paper on the subject, Terra Incognita for Risk Management in Financial Services; Navigating Uncharted Territory with Breakthrough Technology, available at www.responseanalytics.com/enterpriserisk.

Financial services institutions have faced for years, an increasingly complex array of regulations, beginning with Sarbanes–Oxley, Basel II, interagency guidance on CRE concentrations and recently Dodd-Frank. This was further compounded by a period of extraordinary instability, 2007 to current. Further regulation is expected with Basel III, FASB/IASB murmurs about a more onerous “expected loss” model for loan losses and more Dodd-Frank, including the impact of the Consumer Financial Protection Bureau (CFPB).

“Regulations and shifting markets have fundamentally altered the needs for risk management in financial service organizations,” said Brent Lippman, Chief Executive Officer of Response Analytics. “The heightened demands for 1) dynamically adapting risk management policies, 2) closed-loop feedback procedures that synchronize loan originations with real-time changing corporate risk profiles and objectives, and 3) comprehensive analysis and forecasting, have shifted the paradigm. Organizations now require more cross-enterprise integration and transparency, more data granularity and timely analysis and more system flexibility, so they can adapt systems uniquely to their risk profiles, processes and portfolios and drive profitability!

Response Analytics’ Enterprise Risk Management platform is based on technology innovations available only in recent years which focus on open, enterprise-class and web-based platforms and which permit broader integration, more client-specific customization and improved usability. Response Analytics is the first to have assembled these innovations inside a fully integrated and comprehensive solution for:

Risk management for new lending; through the automated application and auditing of underwriting standards and policies, real-time scenario analysis, portfolio optimization, which benefit from analytics on existing portfolios inside a closed-loop process,
Credit and collateral risk management for existing portfolios and assets; through automated and dynamic processes for monitoring, measurement and assessment,
Integrated cross-enterprise transparency into risk as defined by client-specific Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), and
Dynamic Stress Testing and concentration analysis for any and all asset classes at any level or stratification.

About Response Analytics

Response Analytics, Inc. is a Financial Services Optimization (FSO) company that solves mission critical issues and evolving business challenges using proven next generation software innovations. With a pedigree for identifying innovation gaps, Response Analytics is focused on promulgating an unprecedented next generation enterprise risk management platform for financial services institutions. Unlike first-generation applications or approaches, Response Analytics provides a client-adaptive platform which provides unlimited system integration and new levels of control and productivity while reducing total cost of ownership.

Contact info@responseanalytics.com, or by phone at 480-429-4480, Ext. 118. For more information visit us on the web at www.responseanalytics.com.

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

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		PRESS RELEASES Press Release January 31, 2012 Response Analytics Introduces Next-Generation Enterprise Risk Management Platform for Managing Financial Risk in Financial Services Innovative Platform Ushers In Important Client-Adaptive Capabilities for Responding to Increasing Regulation and Market Shifts SCOTTSDALE, ARIZ. – January 31, 2012 – Response Analytics Inc., a Financial Services Optimization (FSO) company, announced today the introduction of its Enterprise Risk Management (ERM) platform for managing financial risk in financial services institutions. The platform is aimed directly at supporting risk management and line of business executives who must optimize decisions for loan loss reserves, regulatory capital, guiding profitable growth and managing yields, in the face of increasing regulatory pressure and market shifts. Response Analytics is the first to introduce an open next generation ERM platform. The company has authored a white paper on the subject, Terra Incognita for Risk Management in Financial Services; Navigating Uncharted Territory with Breakthrough Technology, available at www.responseanalytics.com/enterpriserisk. Financial services institutions have faced for years, an increasingly complex array of regulations, beginning with Sarbanes–Oxley, Basel II, interagency guidance on CRE concentrations and recently Dodd-Frank. This was further compounded by a period of extraordinary instability, 2007 to current. Further regulation is expected with Basel III, FASB/IASB murmurs about a more onerous “expected loss” model for loan losses and more Dodd-Frank, including the impact of the Consumer Financial Protection Bureau (CFPB). “Regulations and shifting markets have fundamentally altered the needs for risk management in financial service organizations,” said Brent Lippman, Chief Executive Officer of Response Analytics. “The heightened demands for 1) dynamically adapting risk management policies, 2) closed-loop feedback procedures that synchronize loan originations with real-time changing corporate risk profiles and objectives, and 3) comprehensive analysis and forecasting, have shifted the paradigm. Organizations now require more cross-enterprise integration and transparency, more data granularity and timely analysis and more system flexibility, so they can adapt systems uniquely to their risk profiles, processes and portfolios and drive profitability! Response Analytics’ Enterprise Risk Management platform is based on technology innovations available only in recent years which focus on open, enterprise-class and web-based platforms and which permit broader integration, more client-specific customization and improved usability. Response Analytics is the first to have assembled these innovations inside a fully integrated and comprehensive solution for: Risk management for new lending; through the automated application and auditing of underwriting standards and policies, real-time scenario analysis, portfolio optimization, which benefit from analytics on existing portfolios inside a closed-loop process, Credit and collateral risk management for existing portfolios and assets; through automated and dynamic processes for monitoring, measurement and assessment, Integrated cross-enterprise transparency into risk as defined by client-specific Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), and Dynamic Stress Testing and concentration analysis for any and all asset classes at any level or stratification. About Response Analytics Response Analytics, Inc. is a Financial Services Optimization (FSO) company that solves mission critical issues and evolving business challenges using proven next generation software innovations. With a pedigree for identifying innovation gaps, Response Analytics is focused on promulgating an unprecedented next generation enterprise risk management platform for financial services institutions. Unlike first-generation applications or approaches, Response Analytics provides a client-adaptive platform which provides unlimited system integration and new levels of control and productivity while reducing total cost of ownership. Contact info@responseanalytics.com, or by phone at 480-429-4480, Ext. 118. For more information visit us on the web at www.responseanalytics.com. Contact: Tim Manning Tim.Manning@responseanalytics.com 480-429-4480 Ext. 118
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