ECL President Addresses Lending Risk at Bankers Conference

Huntington Beach, CA, June 20, 2008:  President of Huntington Beach-based risk management software company ECL Software addressed bankers at the Western Independent Banker’s CFO conference in Indian Wells California in early June.

Bankers sighed in agreement as Joe Patterson, ECL Software President asserted that the need for Risk Management is nothing new to bankers, however the rapid speed with which banks can get into catastrophic financial trouble using ineffective risk management strategies is new and unfamiliar to many lenders. 

“Our commercial lenders seem to share a common set of core risks and our Fund Control solution is designed to not only address those risks in a timely and cost effective manner not but also the unique risks associated with each banks niche clients.”  Says Joseph Patterson.

The ECL Software team regularly attends regional and national banking conferences to remain in sync with the needs of their clients and the larger banking and regulatory landscape.  Hosted by the Western Independent Bankers association, the Annual CFO, Investments and Operations Risk Conference in June was aptly title “Cutting Costs and Risks.”

About ECL: Eclectus, Inc. (dba ECL Software) develops award-winning risk mitigation solutions for all aspects of the Construction Industry;  Banks and Commercial Lenders look to Fund Control (FC) and Fund Control on the Web (FCW) as a comprehensive construction lending solution, while Contractors and Subcontractors benefit from ECL’s Construction Management Information System (CMIS) package.  ECL powerful Software solutions reflect its founders 28 years of building industry and computer software innovation experience. For more information contact (800) 625-5972 EXT: 212