Your Collision Avoidance System - ACH Financial Risk Management
-
Upload
argos-risk -
Category
Technology
-
view
89 -
download
0
description
Transcript of Your Collision Avoidance System - ACH Financial Risk Management
![Page 1: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/1.jpg)
1 1
“Argos Risk blends credit information, economic data and advanced analytics to highlight business risks.” IBM Business Value Outcomes Case 2011
![Page 2: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/2.jpg)
2 2
![Page 3: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/3.jpg)
3 3 3
AGENDA
• Introductions – Kyle Ray – Brent Siegel
• Customer Profile • Q & A • Recommendations • Questions from the Audience
![Page 4: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/4.jpg)
4 4 4
CUSTOMER PROFILE
• Kyle Ray, Vice President • First Bank of Dalton
– $190 Million in Assets – 44 Employees – 4 locations in Dalton, Georgia – Founded in 1996 – Argos Risk Online user since 2011
![Page 5: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/5.jpg)
5 5 5
QUESTIONS
• Tell us about First Bank of Dalton – what you focus on, what your customer base looks like
• When you selected Argos Risk back in 2011 – what were you looking for? Why did Argos Risk seem like a good idea?
• How do you use Argos Risk today? (for example: Alert/monitoring? Underwriting? Exam prep? Board reporting? Running your business? ACH? Vendors?)
• Did you have any surprises when you started using Argos Risk? Unexpected benefit? Did you find out something about a client/prospect that you might not have known about?
• Recommendations/parting thoughts?
![Page 6: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/6.jpg)
6 6 6
Overview • Company launch ― March 2010 • Developed based on 17+ years experience in credit risk management • Solid product platform for future feature and product expansion • Proven model with initial market verification and acceptance • Multiple product lines • Partner of PAR
Cloud-based, credit risk management and business identity protection. Subscription based solutions that provides an online actionable dashboard and alerts that helps small to medium-sized businesses manage risk and protect their identity.
COMPANY
![Page 7: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/7.jpg)
7 7 7
Financial Institutions • ACH and RDC • Third Party Senders • MSB’s • Commercial Credit • Vendor Management Programs • Sales and Marketing • Banks Resell Argos Risk • RPA’s
Industry • Over 50 different industries use Argos Risk • Companies that sell on terms • Companies that have key vendors • Companies that are watching their competitors
WHO USES ARGOS RISK?
![Page 8: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/8.jpg)
8 8 8
ARGOS RISK IS A DASHBOARD SOLUTION
![Page 9: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/9.jpg)
9 9
ABOUT THE FIRST BANK OF DALTON
![Page 10: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/10.jpg)
10 10
WHAT WERE YOU LOOKING FOR?
![Page 11: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/11.jpg)
11 11 11
WHAT WERE YOU LOOKING FOR? • Current Subscriber Feedback…
– Vendor Management Compliance – ACH monitoring compliance (KYCC) – Notification, monitoring on a variety of customers – Setting ACH limits – Modeling ACH Risk
![Page 12: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/12.jpg)
12 12
HOW DO YOU USE ARGOS RISK?
![Page 13: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/13.jpg)
13 13 13
HOW DO YOU USE ARGOS RISK?
• Current Subscriber Use Case – Monitor new customers – Monitor HRI – Research for underwriting
![Page 14: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/14.jpg)
14 14
ANY SURPRISING INFORMATION FROM
ARGOS RISK?
![Page 15: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/15.jpg)
15 15 15
SURPRISES?
• Subscriber Feedback – Bankruptcy – Lawsuits – Executive Changes – Risky Credit – Industry Classification – MSB’s
![Page 16: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/16.jpg)
16 16
LIKES? DISLIKES? RECOMMENDATIONS FOR THE AUDIENCE?
![Page 17: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/17.jpg)
17 17 17
QUESTIONS?
![Page 18: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/18.jpg)
18 18 18
WHAT DO YOU GET WITH AN ARGOS RISK SUBSCRIPTION?
• Individual company information – on Originators, TPS and TPS Customers – 20 credit, business, and ACH scores – Access to line item detail and business verification detail – Identification of MSB’s
• ACH modeling of the TPS portfolio – ACH risk modeling of the TPS customer portfolio – Portfolio monitoring – KYC, KYCC, KYCCC
• ACH reporting: limits, volumes, risk scores, returns – Individual business, Consolidated, and Aggregated Reporting
• Revenue generating model • Interface with core and origination system • Immediate Email Alerts on scoring changes
– Alerts on newsworthy and risk centric events • Browser-based, subscription model, no hardware, no software
![Page 19: Your Collision Avoidance System - ACH Financial Risk Management](https://reader033.fdocuments.in/reader033/viewer/2022052901/5565f4d1d8b42a20158b4f5c/html5/thumbnails/19.jpg)
19 19 19
CONTACT INFORMATION
Brent Siegel, Vice President
LOCATION
CONTACT PHONE
4600 W 77th Street, Suite 375 Edina, MN 55435
(952) 314-2095
EMAIL [email protected]
Visit us at www.argosrisk.com