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Primatics Unveils New Stress Testing Offering at Annual EvolvLIVE User Conference

MCLEAN, VA — (Marketwired) — 05/20/13 — Primatics Financial, the leader in integrated loan portfolio management, announced the availability of its new stress testing module. The new Stress Testing solution, built on its award winning Evolv platform, was unveiled at Primatics- annual EvolvLIVE conference in Washington, DC late last week. The module is designed to provide banks with the innovative technologies needed to operate more strategically and efficiently amidst a dynamic and ever-changing regulatory landscape.

Now more than ever, regulators view methods such as stress testing as reasonable and practical exercises that banks of all sizes should integrate into their risk-management and financial forecasting activities. But with limited capital and complex regulations that require higher operating costs, banks must find forward-thinking solutions to meet these ever-changing compliance issues. Primatics- expertise in managing the holistic view of loan accounting and credit risk uniquely positions our advanced solutions to quickly adapt to these regulations as well as the ever-changing portfolio movements.

“Primatics believes that when it comes to understanding your loan portfolio, it-s not if, but when change is going to happen,” said Jeff Sant, Co-Founder and Executive Vice President at Primatics. “Having technologies and processes in place that can join risk teams with the financial teams can provide banks with the ability to quickly execute, synthesize -what-if- results and better understand portfolio exposures and support capital plan development.”

EvolvLIVE highlighted key considerations for how the large CCAR banks can become more efficient at executing the current stress testing process, as well as how mid-tier banks, which will likely become subjected to stress testing oversight, can position themselves to execute the process effectively and efficiently. Primatics representatives, along with one client who has already been through the process leveraging Evolv-s beta version, demonstrated the success of the effort and how the client was able to both increase its capabilities and improve the efficiency of its process considerably year-after-year. (See Primatics- for further details)

“Regulatory and market pressures are urging banks of all sizes to have more of a forward-looking view when it comes to their loan portfolio, and we-re proud to offer our customers an opportunity to stay ahead of these inevitable changes,” said Kevin Hesselbirg, Primatics- Chief Executive Officer. “The Evolv approach enables banks to leverage a robust platform that can integrate easily across multiple departments that are required to participate in the stress testing process. For large banks, this integration is imperative to attain any sort of efficiency in this process, and for smaller banks, the deep modeling and accounting forecasting capabilities can be exploited more cheaply than building out internal, people-oriented groups. In either case, using Evolv creates more time and access to deeper analytics for the bank to make critical decisions, thereby creating a material competitive advantage.”

More information about Primatics- enterprise software solutions is available at .

Primatics is the leading provider of financial services solutions that enable financial institutions to better process, model and analyze loan portfolios, comply with accounting and regulatory requirements and grow their businesses. Through its enterprise-grade Evolv Suite and proven business advisory services driven by strong domain expertise, Primatics delivers timely, scalable, automated and controlled results in today-s changing market and regulatory environment. Primatics is headquartered in McLean, Virginia, USA. For more information visit:

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