Fortis Private Bank selects Q2 PrecisionLender to enhance client relationship

By Delisha Fernandes

Q2 Holdings, a provider of digital transformation solutions for banking and lending, announced that Fortis Private Bank (“Fortis”) has selected Q2 PrecisionLender, Q2’s relationship pricing and profitability solution for commercial lending institutions.

“Q2 PrecisionLender has established a reputation in the industry as having the best relationship pricing application in the market today, and we expect the solution to help Fortis significantly grow our market share by delivering superior service to small-to-medium-sized businesses,” said Co-Founder and Chief Executive Officer Chris Luce.

“I’m confident that Q2 PrecisionLender will be a winner for our clients, especially since our Chief Financial Officer Mark Olson implemented the solution at several financial institutions and has seen firsthand how powerful it is in empowering relationship managers to offer the most competitive pricing for clients.”

Q2 PrecisionLender is used by some of the largest banks in the US and financial institutions of all sizes. Its intelligent virtual analyst, Andi, augments bankers’ strengths with the latest technology and data, delivering recommendations on different structures and tactics while the deal is priced and negotiated. The solution empowers client relationship managers with actionable, real-time insights and coaching to structure, price and negotiates stronger, more profitable deals.

“Q2 is excited to partner with Fortis Private Bank to help their client team grow relationships and increase profitability,” said Dallas Wells, SVP of Product Management, Q2. “We look forward to working alongside the Fortis team as they modernise their approach to relationship pricing with Q2 PrecisionLender to achieve a more profitable commercial portfolio.”

Q2 PrecisionLender is a part of Q2 Catalyst, a suite of commercial banking solutions, and supports Q2’s strategic approach to innovation.