NAPERVILLE, Ill.– Financial Abatement Services Inc. (FASI), an affiliate and distributor of Lending Solutions, Inc., said that Oregon based Rivermark Community Credit Union has implemented ViClarity’s Process Management and ERM solution. The credit union will be using ViClarity’s web-based software in the areas of branch certifications, internal audit, and risk management tracking.
“ViClarity’s Enterprise Risk Management solution allows its clients to track and monitor performance and compliance across their organizations,” the company said. “The tool can be used to gather and verify performance/compliance data and enables managers to view performance in real time on a single user-friendly dashboard. The system tracks and enables the ongoing monitoring of key strategic, operational or compliance objectives/ metrics and effectively drives accountability at different levels of management within the organization. The software maintains a full audit trail of all activities for audit purposes and provides robust reporting.”
More than 100 Credit Unions globally have adopted the ViClarity system to become more efficient. Sharon Pasero, Rivermark’s Senior Compliance Manager added to this point: “With ViClarity, we have been able to automate our monthly branch certifications, our required risk assessments, and our internal audit assignment tracking. As we enhance our knowledge of the system, we hope to find even more ways to use ViClarity to gain efficiencies.”
ViClarity said that one of its differentiators is its ease of use and swift implementation. ViClarity can be implemented in less than two weeks and is completely customizable.
John Ogie Sheehy, Founder & CEO of ViClarity Ltd. added, “Managing Risk and compliance in any financial institution should be an ongoing process and be integrated to the core business functions. In Rivermark we have introduced a comprehensive suite of solutions that simplify the process of tracking and measuring compliance standards across all Branches.”
For info: www.fasinate.com/demos or coordinate a time with FASI representative Luke Kolquist at lukekolquist@fasinate.com or 800-937-4249 ext. 3303.