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Charleston’s Vision Software acquires aps from Risk Management Software

September 17th, 2007

CHARLESTON,SC–Vision Software Solutions, which sells financial analysis and risk management software, has acquired the software products of Risk Management Software Inc. Financial details were not disclosed.

The company is buying the RMSI products, ExceptionComplete and CreditComplete.

“The additions will allow us to further serve our banking clientele,” says Jeff Beall, executive vice president for Vision Software Solutions. “The new software will provide exception and covenant tracking, checklists, notification, real estate sensitivity and more to complement our already successful fisCAL 9 software.”

ExceptionComplete provides a comprehensive tool to automate exception handling, reporting and tracking allowing the lender to quickly learn of loan policy exceptions such as tax returns, insurance policies, and appraisals.

CreditComplete is a spread and financial analysis tool designed and created for commercial, real estate, and agricultural lending. Forecasting and sensitivity reporting are key components of the software.

Vision’s fisCAL 9 works by simply blending an organization’s lending criteria with the borrower’s financial statements.

On the Web: www.fiscalsoftware.net

 

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