Due Diligence and Ongoing Monitoring

This message was posted by a user wishing to remain anonymous

Our core provider was recently downgraded by Fitch.  I have been asked to start researching other core providers, including finding their debt ratings.  Does anyone have any suggestions on how to do this?  I only discovered our core provider was downgraded because I have them set up in my Google Alerts. We do not subscribe to Fitch or S&P and my internet search has not been successful. Thanks so much for your help!

This message was posted by a user wishing to remain anonymous

Would you be willing to share who your current core provider is?
Original Message:
Sent: 07-08-2022 03:43 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Our core provider was recently downgraded by Fitch.  I have been asked to start researching other core providers, including finding their debt ratings.  Does anyone have any suggestions on how to do this?  I only discovered our core provider was downgraded because I have them set up in my Google Alerts. We do not subscribe to Fitch or S&P and my internet search has not been successful. Thanks so much for your help!

It is Finastra.  On 6/9/22, Fitch downgraded them from B to B-; Outlook Negative.  thanks!
Original Message:
Sent: 07-11-2022 03:26 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Would you be willing to share who your current core provider is?
Original Message:
Sent: 07-08-2022 03:43 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Our core provider was recently downgraded by Fitch.  I have been asked to start researching other core providers, including finding their debt ratings.  Does anyone have any suggestions on how to do this?  I only discovered our core provider was downgraded because I have them set up in my Google Alerts. We do not subscribe to Fitch or S&P and my internet search has not been successful. Thanks so much for your help!

Original Message:
Sent: 7/11/2022 3:51:00 PM
From: Annette Locke
Subject: RE: Debt ratings for core providers

It is Finastra.  On 6/9/22, Fitch downgraded them from B to B-; Outlook Negative.  thanks!
Original Message:
Sent: 07-11-2022 03:26 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Would you be willing to share who your current core provider is?
Original Message:
Sent: 07-08-2022 03:43 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Our core provider was recently downgraded by Fitch.  I have been asked to start researching other core providers, including finding their debt ratings.  Does anyone have any suggestions on how to do this?  I only discovered our core provider was downgraded because I have them set up in my Google Alerts. We do not subscribe to Fitch or S&P and my internet search has not been successful. Thanks so much for your help!

This message was posted by a user wishing to remain anonymous

We also use the Argos product through Venminder. Has been a very useful tool.
Original Message:
Sent: 07-11-2022 04:27 PM
From: Tom Stockton
Subject: Debt ratings for core providers

We use the AR Surveillance inside of Venminder for notices

 

 

 

 

Thomas D Stockton, CCBCO & CCBSO

Security Manager II

Opportunity Bank of Montana

 

Original Message:
Sent: 7/11/2022 3:51:00 PM
From: Annette Locke
Subject: RE: Debt ratings for core providers

It is Finastra.  On 6/9/22, Fitch downgraded them from B to B-; Outlook Negative.  thanks!
Original Message:
Sent: 07-11-2022 03:26 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Would you be willing to share who your current core provider is?
Original Message:
Sent: 07-08-2022 03:43 PM
From: Anonymous Member
Subject: Debt ratings for core providers

This message was posted by a user wishing to remain anonymous

Our core provider was recently downgraded by Fitch.  I have been asked to start researching other core providers, including finding their debt ratings.  Does anyone have any suggestions on how to do this?  I only discovered our core provider was downgraded because I have them set up in my Google Alerts. We do not subscribe to Fitch or S&P and my internet search has not been successful. Thanks so much for your help!