Wolters Kluwer Financial Services Presents “Moneyball” Approach at NAFCU’s Annual Conference and Solutions Expo

Thoughtful use of statistics can enhance credit unions’ risk rating efforts

Michael Fuchs, director of Commercial Lending at Wolters Kluwer Financial Services, will speak at the National Association of Federal Credit Unions (NAFCU) annual conference on “Using Moneyball Tactics and Risk Rating Assessment Models” for insights into member business lending. The session will be held Wednesday, June 24, as part of NAFCU’s 48th Annual Conference and Solutions Expo. The conference takes place June 23-26 at the Palais de Congrés in Montréal, Canada.

Fuchs will discuss how a more targeted, data-oriented approach to implementing credit risk rating systems can help credit unions field a more competitive credit team—and better position them to thrive during times of economic expansion and successfully weather economic downturns. This data-centric approach references the Michael Lewis book and film “Moneyball” in which the Oakland Athletics professional baseball club employed statistical analysis to move a bottom-dwelling team into contention.

“Credit risk today represents one of the biggest risks faced by credit unions,” said Fuchs. “By better leveraging one’s existing data to produce accurate and timely risk ratings, credit unions can promote a higher level of financial safety and soundness, while facilitating more informed decision-making throughout one’s business.”

“We are thrilled that Michael Fuchs and the Wolters Kluwer team are joining us at this year’s Annual Conference,” said Randy Salser, president of NAFCU Services. “We’re expecting record crowds in Montreal, and Michael will be speaking on a topic that is top-of-mind for so many of our attending credit unions.”

Wolters Kluwer Financial Services is the NAFCU Services Preferred Partner for Consumer and Member Business Lending, as well as Deposit Services. For more information on member business lending, visit the CASH Suite™ site. Visit NAFCU’s conference site for more annual conference information.


About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, Capital Changes, CASH Suite™, GainsKeeper®, NILS®, OneSumX®, TeamMate®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

About NAFCU Services Corporation
NAFCU Services Corporation is a wholly-owned subsidiary of the National Association of Federal Credit Unions (NAFCU). For 40 years, NAFCU Services has partnered with the industry’s leading providers to offer superior solutions to credit unions. With the NAFCU Services Preferred Partner Seal, we designate only those suppliers who are truly committed to credit unions, and who have undergone a rigorous evaluation process. For more information, visit www.nafcu.org/nafcuservices.

Media Contacts
David Feider
Corporate Communications Manager
Wolters Kluwer Financial Services
612-852-7966
On Twitter: @WoltersKluwerFS

Paul Timm
Vice President of Marketing
NAFCU Services Corporation
703-842-2210
ptimm@nafcu.org
On Twitter: @NAFCUServices

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