Qualtik & Linedata unite to enhance portfolio management for banks

By Gloria Methri

Linedata, a global provider of asset management and credit technology, data, and services, has entered a strategic partnership with Qualtik, a US-based provider of stress testing tools for commercial loans. This collaboration marks a significant step towards empowering banks to effectively manage risk and gain valuable insights, enabling them to optimize resources and navigate challenging times successfully.

By combining Qualtik’s stress testing tools with Linedata’s portfolio analysis solutions, this partnership aims to revolutionize the way banks manage their portfolios. This integration eliminates the need for cumbersome spreadsheets and outdated methods that have been prevalent in the industry.

Banks gain the ability to proactively identify loans at risk, assess loan security, and use real-time data insights to make informed choices.

“We are thrilled to collaborate with Linedata on this partnership,” said Mark Prior, Founder and CEO at Qualtik. “At Qualtik, our mission has always been to equip financial institutions with technology that empowers data-driven decisions. By marrying Qualtik’s stress testing expertise with Linedata’s portfolio analysis tools and global customer base, we are providing banks with a comprehensive solution that empowers them to navigate these challenging times successfully.”

Gary Brackenridge, Head of Business Development, North America, at Linedata said, “This partnership between Linedata and Qualtik represents a transformative milestone for the banking industry, as it offers an innovative, automated, and proactive approach to risk management. This timely alliance with Qualtik addresses a critical issue that is currently dominating both the banking sector and news cycles. Together, we are providing banks with the tools they need to not only survive but thrive in today’s challenging environment.”

Qualtik’s stress testing tools are integrated with Linedata’s lending and leasing solutions, Linedata Capitalstream and Linedata Ekip360, dedicated to banks and credit unions, ranging from community banks to regional and national institutions. Financial institutions with asset sizes of 500 million and up will now have access to real-time insights, instant transparency on evolving risks, and full control over their commercial loan portfolios.

The integrated solution, which is available today, delivers a streamlined and efficient approach to risk management. It enables banks to optimize data-driven decision-making and fortify their position in the face of economic uncertainties.