Risk.
For years I have said that to a credit union senior executive the foulest four letter word is risk.
It’s a risk averse industry and that’s a paradox because a credit union makes money by taking risks.
Then too we are now in a universe of unprecedented risk: there are wars, threats of a recession, threats of uncontrolled inflation, and of course there now is so much competition - neo banks, non banks and more.
Risk is everywhere.
Enter Ed Vincent CEO of SRA Watchtower, a Virginia headquartered company with a toolkit that is designed to automate risk management for credit unions.
“SRA Watchtower is committed to helping financial institutions unlock the power of data, which we believe is the currency of the future,” said Vincent.
You know you are in a sea of risks. Know that SRA Watchtower knows that and that is why it has tools to help credit unions manage in today’s environment.
Listen up.
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Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto
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