FREDERICK, MD (February 26, 2014) -- NeighborBench, a leading provider of risk and regulatory compliance solutions for financial services institutions, today announced it is changing its name to AffirmX. The new name coincides with the company's expansion of its patented, cloud-based solutions platform, now called AffirmX Risk Intel Center.
"We started the company 18 months ago to help credit unions address regulatory compliance challenges more effectively," explains Ken Wolff, AffirmX CEO. "Over the past year, we have expanded our platform, our services and our client list to meet a broader range of risk management needs for banks and credit unions of all sizes."
AffirmX provides automated risk intelligence solutions that help financial services institutions reduce risk management workloads, anxieties and costs. The AffirmX Risk Intel Center delivers accurate risk intelligence based on expert review of internal and external data sources through a query-based workflow engine. AffirmX enables clients to spend less time searching for issues and more time proactively remediating and mitigating risks so that they can focus on their core business.
"Financial institutions face a growing array of financial, operational and regulatory compliance risks which must be addressed," says Dennis Dollar, President of Dollar Associates and former Chairman of the National Credit Union Administration. "AffirmX has brought together risk management experts and technology on a unique platform that saves time and money."
For more information, visit affirmx.com