Loan and Deposit Pricing Software Provider, MarginPro, is Now PrecisionLender

CHARLOTTE, N.C., Aug. 15, 2011 /PRNewswire/ -- MarginPro, an innovative provider of loan and deposit pricing software that is used by thousands of lenders to price billions of dollars in loans and deposits each month, today announced it has changed its name to PrecisionLender.

The PrecisionLender name change is part of a strategic initiative to differentiate the company and more accurately reflect expanding solutions.  

PrecisionLender started by providing a loan and deposit pricing system that analyzes every aspect of a potential deal against profitability objectives, funding realities and competitive threats.  This system provides financial institutions with the information needed to structure a profitable deal, in real-time.  The expanding Loan and Deposit "Pricing Management System" gives customers the ability to optimize balance sheets (risk-adjusted capital and allocations) and manage other pricing related activities (portfolio concentrations, competitor analysis, pricing elasticity, pipelines, business development and constant competitor and profitability monitoring).

"We are excited to announce our new name and begin a new chapter in our success.  As PrecisionLender, we will continue our commitment to empower customers with the ability to compete with confidence and profit from precision pricing," says Carl Ryden, co-founder and CTO of PrecisionLender.

A web-based solution hosted on Microsoft's Azure Platform, the PrecisionLender Pricing Management System provides a flexible solution addressing the needs of banks and credit unions of all sizes and expertise.  To learn more about the PrecisionLender loan and deposit pricing solutions, visit http://precisionlender.com

About PrecisionLender

PrecisionLender is a powerful loan and deposit Pricing Management System that empowers financial institutions to achieve their strategic goals through better pricing decisions.  From the integration and seamless delivery of competitive and relationship information to the ongoing monitoring of competitive offers and profitability targets, PrecisionLender provides the tools to actively manage pricing in real-time.  Used by thousands of lenders and managers to price billions of dollars in loans each month, PrecisionLender has become the most trusted and fastest growing Pricing Management System in the industry. MarginPro, PrecisionLender and Lender Performance Group are not affiliated or associated in any way with Margin Maximizer or with Jack Henry & Associates, Inc.

SOURCE PrecisionLender

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