Austin, Texas, September 11, 2022 – Kentucky Bankers Association (KBA) announced it has endorsed Abrigo’s Portfolio Risk, Lending and Credit, and Financial Crime products to aid its members in loan origination, enhancing credit analysis, optimizing their portfolio risk, and fighting financial crime.
Along with Abrigo’s software solutions, Abrigo’s Advisory Services are also gaining the support of the Kentucky Bankers Association. From Portfolio Risk and Asset Liability Management to BSA/AML and Fraud, Abrigo Advisory Services currently provide guidance to thousands of institutions every year.
“We are excited to have the opportunity to provide a full endorsement of Abrigo’s solutions for KBA members. Abrigo’s solutions are being used by several KBA members, and these banks are a tremendous resource for others who are looking to enhance technology for better banking with Abrigo." - Selina Parrish, KBA Director of Membership – Products & Services.
Abrigo’s full suite of products helps financial institutions gain efficiencies that yield faster decisions and combat operational costs while making it easier to offer services focused on relationships rather than paperwork. The combined suite of products not only offer efficiency and valuable time-saving automation but data and calculations can also be shared between solutions easily, creating a streamlined and consistent flow in reporting.
“It is meaningful to us to gain the acknowledgment and trust of industry leaders like the Kentucky Bankers Association. Ultimately, our goal is to serve community financial institutions by providing the best tools we can to help them succeed,” said Jay Blandford, President of Abrigo.
Over 2,500 community financial institutions currently rely on Abrigo's software to help maintain compliance requirements, automate important processes, and drive data-based decision-making.
Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo’s platform centralizes the institution’s data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth. Visit www.abrigo.com to learn more. Follow Abrigo on social media using @WeAreAbrigo.
About Kentucky Bankers Association
KBA is a nonprofit trade association that has been providing legislative, legal, compliance and educational services to its member institutions since 1891. KBA's directors and staff work together with its members to make the financial services industry a more effective and successful place to work. The strength of the KBA is bankers unifying as an industry to speak as one voice.
The purpose of the Kentucky Bankers Association is to provide effective advocacy for the financial services industry both in Kentucky and on a national level; to serve as a reliable and responsive source of information and education about areas of interest to the industry; and to provide a catalyst and forum for collective industry action.