Strengthen Customer Relationships & Improve Credit Quality
Charlotte, N.C., (April 15, 2005) - Omega Performance, worldwide partner to results-driven leaders in financial services, announces the release of an updated Understanding Personal Cash Flow (UPCF) training program. UPCF provides lenders with the skills and knowledge they need to analyze personal tax returns and determine cash flow in meeting the credit needs of business owners and affluent clients. The revised version includes workshop case studies and on-the-job tools specific to 2004 tax forms.
UPCF helps small business, commercial, private banking, and wealth management lenders to:
- Strengthen customer relationships by developing analytical skills that increase a financial institution's value to the customers
- Improve credit quality and reduce risk in transactions that require complex analytical skills
- Increase productivity by eliminating time wasted analyzing bad loans and crunching numbers
"The 2004 tax season has ended, making those returns a key component of future loan applications," said Juan Gutierrez, president and chief executive officer of Omega Performance. "The new UPCF, which includes automated worksheets that match the current 2004 tax forms, gives lenders what they need to conduct a thorough financial analysis, make sound credit decisions, and help build a profitable portfolio. We provide a similar update to UPCF each year to keep lenders abreast of all tax changes and performing at peak levels."
About Omega Performance
Omega Performance has enabled more than 2,500 firms worldwide to drive and sustain improved business results. The company is a wholly owned subsidiary of Informa plc (INF on the London Stock Exchange), the leading international provider of specialist information and services for the academic and scientific, professional, and commercial business communities. Informa has over 150 offices in more than 40 countries and employs over 7,000 staff around the world. Omega Performance is headquartered in Charlotte, N.C., USA, with major offices in Australia, Canada, China, Greece, Nigeria, Singapore, South Africa, and the United Kingdom.