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CU*Answers to Release Enterprise Risk Management Tools

GRAND RAPIDS, MI – October 31st, 2012 – CU*Answers, the 100% credit union-owned CUSO, announced that with the upcoming release of its flagship data processing software, CU*BASE®, it will include Enterprise Risk Management Tools at no additional cost to its credit unions. The November 11 release of CU*BASE 12.2 will introduce seven new menus focusing on enterprise risk management including credit risk management, interest rate management, liquidity risk management, concentration risk management, transaction risk management and compliance risk management tools.

“The 12.2 release continues our commitment to credit unions to help implement enterprise risk management directly into our core software at no additional cost to credit unions,” Jim Vilker, VP of Professional Services at CU*Answers said.  “Credit Unions of any size can use these tools to develop a system for monitoring, managing and controlling its risk, without the need to purchase ancillary systems.”

About CU*Answers, Inc.
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded 40+ years ago, CU*Answers is a 100% credit union-owned CUSO providing services to credit unions representing nearly 1.5 million members and $10 billion in credit union assets. For more information, visit www.cuanswers.com.

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