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Richmond, Virginia, May 5, 2020 - SRA Watchtower, a national leader in enterprise risk and performance management, announced that Bankers’ Bank has successfully implemented SRA’s Watchtower, the only risk intelligence and collaboration platform that aggregates,integrates and normalizes all enterprise risk and performance indicators on a continuous basis to help banking clients gain a competitive advantage and deliver stable earnings growth.
Additionally, Bankers’ Bank and SRA Watchtower are forming a partnership to offer SRA Watchtower’s Enterprise Risk Management solutions to Bankers’ Bank Community Banking Clients through its Correspondent Banking model.
“Bankers’ Bank and SRA Watchtower share a common philosophy. We strive to deliver value added services, ‘built by bankers for bankers’, that help community banks improve their value to their local communities. SRA Watchtower and Bankers’ Bank are proud to team up to help banks improve the role enterprise risk management plays in the success of their business. As we are experiencing, effective enterprise risk management is timely as banks look to navigate the existing crisis imposed by the COVID-19 Pandemic. ”said Adam Dunn, CRO at SRA Watchtower & Matt Sitkowski, EVP/CFO Bankers’ Bank.
In support of navigating risk during this current crisis, SRA Watchtower is offering a free trial of its Pandemic Risk Management Service to aid Bankers’ Bank customers in managing the impact of this crisis on their financial institution. This information is vital to the bank’s resiliency and is critical for the board, shareholders, regulators& clients to evaluate overall bank health.
About Bankers’ Bank
Bankers’ Bank, a bank-owned correspondent based in Madison, Wisconsin, since 1981. Bankers’ Bank is the Midwest’s leading provider of banking services to community banks, with offices in the Madison, Chicago, Des Moines, and Indianapolis areas serving the four-state region and beyond. As an independent source of non-competing financial services, the Bank serves a market of over 700 financial institutions. The Bank does not serve the public so it never competes with client banks for business. More information is available on our website at BankersBank.com.
About SRA Watchtower
SRA Watchtower Built for bankers by bankers, SRA’s Watchtower solution advances risk management and performance for executives and bank boards. Watchtower is designed enable a strong risk culture and enable stable earnings growth.
Matt Sitkowski
EVP/Chief Financial Officer
Bankers’ Bank
Adam S. Dunn
Chief Revenue Officer
SRA Watchtower
adunn@srawatchtower.com
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