BankPoint

BankPoint is a next-generation bank management system designed to enhance core banking systems and improve efficiency and productivity for banks and non-bank lenders. According to the vendor, this solution is suitable for banks and non-bank lenders of all sizes, providing them with tools to streamline loan pipeline management, integrate customer relationship management (CRM), securely collect and manage loan-related documents, and effectively manage loan portfolios. BankPoint caters to professionals in the banking industry, including credit administration professionals, risk officers, loan officers, as well as non-bank lenders.

Loan Pipeline Management: According to the vendor, BankPoint provides a single system for managing the loan pipeline, reducing the reliance on spreadsheets and manual processes. Users can easily track the progress of loans in the pipeline and access critical information such as risk ratings, collateral descriptions, and loan profiles. The system aims to streamline the approval workflow, ensuring consistent and repeatable processes.

CRM Integration: BankPoint seamlessly integrates with CRM systems, providing a unified view of customer relationships, as per the vendor. Users can access customer information, track interactions, and manage customer portfolios within the BankPoint platform. The integration aims to improve efficiency and eliminate the need for manual data entry and switching between multiple systems.

Secure Document Collection: According to the vendor, BankPoint offers a secure document collection feature, allowing users to store and manage loan-related documents in one central location. Users can easily upload, organize, and retrieve documents, aiming to eliminate the need for physical files and reduce the risk of document loss or misplacement. The system aims to ensure data security and compliance with industry regulations.

Loan Portfolio Management: BankPoint enables comprehensive management of loan portfolios, providing a holistic view of loan performance and risk, according to the vendor. Users can track loan balances, payment history, and other relevant data, facilitating informed decision-making and risk mitigation. The system offers reporting and analytics capabilities to monitor portfolio performance and identify trends or issues.

Loan Review: The vendor states that BankPoint streamlines the loan review process, allowing users to efficiently assess the quality and risk of loans in the portfolio. Users can perform loan reviews based on predefined criteria, track review findings, and generate reports. The system aims to improve efficiency, reduce manual errors, and ensure compliance with regulatory requirements.

Covenant Tracking: BankPoint offers covenant tracking functionality, enabling users to monitor and manage loan covenants, according to the vendor. Users can set up covenant parameters, track compliance, and receive alerts for covenant violations. The system aims to help mitigate risk and ensure borrowers' adherence to loan agreement terms.

Customer Relationships: According to the vendor, BankPoint provides tools for managing customer relationships, allowing users to track interactions, communication history, and customer preferences. Users can access customer profiles, view account information, and provide personalized service. The system aims to enhance customer satisfaction and strengthen customer relationships.

Treasury Pipeline: BankPoint offers a treasury pipeline feature, enabling users to manage treasury-related activities and transactions, as per the vendor. Users can track cash flows, monitor liquidity, and manage treasury positions. The system provides real-time visibility into treasury operations and aims to help optimize cash management.

Credit Administration: BankPoint provides comprehensive credit administration capabilities, allowing users to manage credit processes and workflows, according to the vendor. Users can track credit applications, perform credit analysis, and manage credit approval processes. The system aims to streamline credit administration, improve efficiency, and ensure consistent and standardized processes.

Special Assets Management: BankPoint offers specialized functionality for managing special assets or distressed loans, according to the vendor. Users can track and manage non-performing loans, perform workout strategies, and monitor recovery efforts. The system aims to help mitigate risk and maximize recovery for distressed assets.