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New modules now available for Crowe Navigator for Lenders

Crowe Horwath LLP introduces projection module and reconciliation module

4/26/2016
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CHICAGO (April 26, 2016) – Two new modules are now available for Crowe Navigator for Lenders, a tool that captures, analyzes and monitors credit customer financial data for banks and captive finance companies. The solution automates information collection, aggregates financial reports, performs comprehensive portfolio analyses, tracks compliance and monitors risk exposure across industry-specific portfolios. It was developed by Crowe Horwath LLP, one of the largest public accounting, consulting and technology firms in the U.S.

“Crowe has the expertise to help banks of all sizes meet ever-changing, complex loan portfolio management challenges and use data to understand and manage their portfolio risk,” said Mark Blosser, a partner in the Crowe financial services performance consulting group. “We used our deep industry experience to enhance the Crowe Navigator for Lenders solution, providing our clients with additional capabilities and lasting value.”

The projection module offers lenders the ability to project borrower financial results and monitor specific relationships based on potential market changes. It also lets lenders streamline forward-looking calculations; capture and repeat assumptions and scenarios; make assumptions for changes in the balance sheet and income statement; and visualize the effect of key ratios based on assumptions.

The reconciliation module allows lenders to quickly and automatically identify the differences between two financial documents, resolve discrepancies, adjust spread analysis and review updated key ratio and covenant analyses. It provides the capability to highlight adjustments to be made based on the financial comparison; post adjustments to revise the spread; and maintain a documented audit trail.

For more information, please visit www.crowehorwath.com/industries/banking/crowe-navigator-for-lenders.aspx.

 

About Crowe Horwath
Crowe Horwath LLP (www.crowehorwath.com) is one of the largest public accounting, consulting, and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk, and performance services. Crowe serves clients worldwide as an independent member of Crowe Horwath International, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 120 countries around the world.

 

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