Covarity Announces 2011 Commercial Portfolio Health Webinar Series

Online educational sessions for commercial lenders

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KITCHENER-WATERLOO, ON, March 14 /PRNewswire/ - Covarity, the leading provider of commercial loan portfolio monitoring and analysis solutions, today announced that starting March 16th, 2011, they will host a series of complimentary educational webinars.  Specifically, the online events will focus on ways that commercial lenders can increase control, reduce loan losses and improve portfolio results. 

The webinars will include insight from esteemed speakers - industry analysts, thought leaders and commercial banking executives - who have demonstrated excellence in navigating institutions through the recent crisis. Drawing on best practices, each speaker will relate actual success stories and step-by-step guides to optimize the usefulness of this learning opportunity.

"Last year's webinar series was such a huge success, that we've continued with our theme of helping banks improve their commercial portfolio health and performance" stated Rod Foster, Covarity President and CEO. "We are excited about the impressive lineup of topics and speakers that have been assembled."

The Risk Management Association (RMA), the only association that specializes in promoting effective and prudent risk management practices for institutions of all sizes, across the entire financial services industry, has offered this series of webinars to its membership.

Topics include:

Better Manage your Small Business Lending Portfolio: 3 Practical Success Strategies - Small business expert, Annetta Cortez, Managing Director at Novantas will join David Stott, VP of Product Marketing of Covarity to take the audience  through the common challenges that commercial lenders are experiencing as they attempt to grow their small business portfolio. In addition, they will introduce 3 key ways to profitably track and manage small business loans and relationships. 
Scheduled for March 16th, 1PM ET.

Taming your Commercial Monitoring Operation: 5 Signs it's Time to Standardize for Control - During this webinar, speakers will identify 5 signs that it's time for commercial lenders to take action and standardize their monitoring operation.  Speakers will provide details on how to start the process, as well as how to measure the impact it will have. Standardization best practice examples will be provided for immediate application.
Scheduled for May 18th, 1PM ET.

Best Practices for Growing your Borrowing Base Business - Industry expert, Stephen Lewis will speak on the benefits and pitfalls of borrowing base lending, how best to incorporate it into an institution's commercial portfolio and best practices for growing this segment of the business. Attendees will also hear how one bank successfully added borrowing base lending to its commercial lending products.
Scheduled for June 15th, 1PM ET.

The Essentials of Commercial Portfolio Stress Testing: Building the Foundation for Success - In one hour, attendees will learn about 5 foundational requirements for stress testing success and an implementation model example for mid-market commercial lenders.
Scheduled for August 24th, 1PM ET.

Differentiate your Commercial Lending Products and Services to Grow your Portfolio - Competition among banks for high quality borrowers and the need to differentiate themselves is greater than ever. This webinar will focus on practical ways that lenders are differentiating and profitably growing their commercial portfolios. 
Scheduled for October 19th, 1PM ET.

About Covarity Inc.
Covarity is the leading provider of post-origination commercial loan monitoring and analysis solutions for financial institutions looking to measurably improve their overall portfolio health and performance. Covarity automates the process of collecting and analyzing borrower financial data and enables financial institutions to manage risk with loan-by-loan analysis up to views of the entire portfolio. Covarity is the only solution that supports the management of the entire commercial portfolio, regardless of the size, complexity of loans and specific monitoring requirements. Covarity's hosted, Web-based commercial loan monitoring solution provides the insight and control that lenders need to profitably grow their portfolio - while reducing risk and enhancing client service - and enables lenders to enjoy improved competitiveness, reduced costs and richer client experiences. Covarity is based in Kitchener, ON and was incorporated in 2001. Covarity's customers include Royal Bank of Canada, BMO Bank of Montreal, Libro Financial Group, and Laurentian Bank, as well as RBC Bank and Fidelity Bank in the United States. Please see http://www.covarity.com/ for more information.

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SOURCE Covarity Inc.