SOURCE: Global Wave Group; Vision Software Solutions

Global Wave Group; Vision Software Solutions

Global Wave Group; Vision Software Solutions

March 31, 2015 09:00 ET

Global Wave Group and Vision Software Solutions Team Up in Strategic Partnership

An Exciting Alliance That Brings Credit Track, Portfolio Track, and FISCAL to Clients in a Single Platform

ALISO VIEJO, CA and CHARLESTON, SC--(Marketwired - Mar 31, 2015) - Global Wave Group and Vision Software Solutions (VSS), both leading providers of credit technology solutions for the financial services industry, announce a strategic alliance to further enhance their position in assisting financial institutions in achieving operational excellence in addressing commercial credit risk, workflow, loan operations, and portfolio management. The incorporation of VSS's FISCAL spreading software with Global Wave's Credit Track and Portfolio Track platform is expected to bring further efficiencies to both companies in key, high-growth banking markets across the USA through co-marketing initiatives and product awareness.

Our partnership capitalizes on the expertise and strengths of the companies' innovative commercial loan origination tools and analytic products while driving operational efficiency for future growth.

Clients will have the benefit of the integration of VSS's FISCAL underwriting analysis and financial spreading component into Global Wave's CRM, origination, workflow, approval, monitoring and reporting functions, thereby satisfying regulatory demands and internal credit policies. The streamlined data collection and automated approval workflow, coupled with powerful analytics, reports, and dashboards deliver the capability to manage the credit operations in a single platform.

"Today's announcement is an exciting step for both companies. This alliance enables us to continue to strengthen our position in the market as an end-to-end commercial lending solution provider," said Zubin Mehta, President/CEO of Global Wave. Barry Brinson, President, Vision Software Solutions adds, "This partnership underscores our long-term market commitment to provide solutions that change and grow with the needs of the institutions we serve."

About Global Wave Group

Global Wave Group provides software and consulting services that enable banks, credit unions and finance companies to manage risk, streamline their workflow and enhance their credit process. Our value proposition is to enable bankers to become more efficient in processing loans, thereby allowing them to spend more time speaking with their customers and generating new business to help grow the bank's portfolio.

About Vision Software Solutions

Vision Software Solutions (VSS) provides innovative software systems that equip organizations to increase efficiency and more easily manage operations. For 30 years, financial institutions have relied on FISCAL, our statement spreading and analysis tool, to reduce risk and increase profit in all economies.

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