TCI partnership offers state-of-the-art risk management

FOR RELEASE
June 2, 2011

TCI partnership offers state-of-the-art risk management TCI, a leader in loan origination software (LOS) utilized by credit unions, banks and finance companies to
automate their lending processes announced today that they have entered into a partnership with Jericho Information Technology (JIT) to give their lenders the competitive tools they need to rapidly respond to changing market conditions. By integrating Jericho’s state-of-the-art risk management solution to the data generated in TCI’s DecisionLender (LOS), lenders can immediately view their performance against their goals.

“Our goal is to provide solutions that give our customers a competitive edge,” said TCI President, Bill Nass, “and Jericho is unsurpassed in risk management solutions. Our lenders can drill down and determine how their business is performing and therefore react immediately to changing market conditions.”

By providing customers with JIT real-time predictive analytics, TCI’s DecisionLender gives lenders business intelligence solutions to identify trends and opportunities while improving the accuracy of their sales and credit data. JIT measures sales and operations, credit and portfolio information as well as competitive threats and adverse selection. Through a graphic display of metrics, available in real time, lenders maximize performance and boost profits.

“As a forerunner in providing affordable loan origination software solutions to lenders, TCI is a natural partner for Jericho Information Technology,” said Dave McCune, President of JIT. “Companies that use JIT react faster to market influences, improve profitability, and reduce enterprise risk factors. They recognize the value of fast, accurate, up-to-date enterprise information. “

Supporting over 250 credit unions, banks and finance companies across the US, TCI provides Decision Lender as a suite of loan origination software products delivered as “Software as a Service” (SAAS) for direct, indirect, internet and retail lenders.

www.tcidecisionlender.com
For more information:
Bill Nass
Teledata Communications, Inc. (TCI)
631.404.4122

Jericho Information Technology LLC provides Enterprise Business Intelligence, Risk Management, and Contact Management solutions for the lending Industry. Jericho provides services to extract and normalize data from all your legacy systems to help you eliminate the reporting silos that exist today.
www.jerichotech.com
For more information:
Dave McCune
817-282-4744.