Press

2016 Risk Management Summit keynote announced

RALEIGH, NC (July 11, 2016) — Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions, today announced Tom Morris, Ph.D. as the keynote speaker for its 2016 Risk Management Summit. Set for September 14-16th in Austin, TX, the Summit is the premier conference covering the allowance for loan and lease losses (ALLL) and stress testing, and will feature presentations, panels, roundtable discussions and networking opportunities.

With the recent release of the Financial Accounting Standards Board’s (FASB) guidance on the Current Expected Credit Loss (CECL) model, the Summit is uniquely positioned to provide the latest information on how institutions can prepare for the changes and what the impact may be once effective. To further address the topic of change, Sageworks chose to feature Tom Morris for the keynote address.

Tom Morris is one of the world’s top business philosophers and thinkers. He is the author of 20 published books, most notably If Aristotle Ran General Motors, and has been a constant voice on the topic of corporate change in such diverse media outlets as The New York Times, NPR’s “Morning Edition” and “Talk of the Nation”, CNN, NBC and CNBC to name a few. This September, Tom will deliver an address full of energy, humor and wisdom to help guide leaders on how to fully capitalize on times of change. Tom currently sits as the Chairman for the Morris Institute for Human Values, a role he commenced following a 15-year professorship at the University of Notre Dame. A native of Durham, North Carolina, Tom attended the University of North Carolina – Chapel Hill as a Morehead Scholar and holds a Ph. D. in both Philosophy and Religious Studies from Yale University.

Before the Summit kicks off, users of Sageworks ALLL also have the opportunity to attend an exclusive Pre-Conference for networking, best-practice sharing and solution training.

“We recognize the many challenges of maintaining an accurate and well-documented ALLL, and know the pending release of the FASB’s CECL model is only making processes more difficult for banks and credit unions,” said Scott Ogle, CEO of Sageworks. “The Risk Management Summit provides a great opportunity to learn from industry experts and peers so attendees can return to their institution with actionable information to improve processes and methodologies.”

Preferred registration savings are available through August 14th. For more information on the 2016 Risk Management Summit, or to register, visit Sageworks.com/Summit or email events@sageworks.com.

About Sageworks

Sageworks offers banks and credit unions lending, credit risk and portfolio risk software to efficiently grow and improve the borrower experience. By automating the life of the loan with Sageworks, bankers book commercial loans faster and reduce risk. Sageworks uniquely provides integrated solutions and industry expertise to more than 1,400 financial institutions that achieve an average 38% higher loan growth than peers. Visit www.sageworks.com to learn more.