Amalgamated Bank Selects Baker Hill NextGen® Statement Spreading.
10/3/2023 3:43:47 PM
Amalgamated Bank selects Baker Hill NextGen® Statement Spreading to optimize financial analysis.
Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has added Amalgamated Bank to its growing client roster. The New York-based bank will leverage Baker Hill NextGen® Statement Spreading to streamline financial analysis for commercial loans.
For nearly a century, Amalgamated Bank has been America's socially responsible bank supporting thousands of people, organizations, causes and businesses committed to making a positive difference in the world. As a Certified B Corporation and a member of the Global Alliance for Banking on Values, Amalgamated Bank aims to serve organizations and businesses that not only have strong financials, but are also making the world a more equitable and sustainable place.
To further its mission of serving customers and clients that are making a meaningful impact in the world, Amalgamated Bank has chosen Baker Hill NextGen® Statement Spreading to improve its financial spreading analysis and better manage credit risk. The bank will deploy the new statement spreading solution for its Commercial and Industrial (C&I) Lending division.