CU*Answers to Release Enterprise Risk Management Tools

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.”