Jack Henry Banking now provides Redi’s iRisk solution to the banks automated by its core banking platforms.
iRisk enhances Jack Henry Banking’s existing suite of risk management and protection solutions with the ability to consolidate disparate risk management activities across the entire enterprise into digestible information.
Twenty-two Jack Henry Banking clients have already contracted for the iRisk solution.
Redi’s comprehensive suite of risk management functions includes loan portfolio stress testing, automated loan review, ALLL management, audit management, policy and procedure management, and automated risk assessments.
Future modules are expected to include vendor management and SOX compliance.
Redi’s founders also developed other Jack Henry Banking solutions including the Vertex Teller Automation System, Yellow Hammer Yellow Hammer Fraud Detective, Yellow Hammer EFT Fraud Detective, and Yellow Hammer BSA.
