May 25, 2018 5:09 AM ET

Software

Company Overview of Sageworks, Inc.

Company Overview

Sageworks, Inc. provides financial industry information, and develops financial analysis and risk management solutions for private companies. The company’s suite enables end-to-end automation for customer life cycle. It offers Sageworks Lending Solution that allows banks and credit unions to book loans by analyzing documentation through automated templates; Sageworks Credit Risk Solution that analyze risk for businesses, people, properties, and farms; Sageworks Portfolio Risk Solution that enables management to understand and limit risk in their loan portfolio; and Sageworks API Network that bridges different data sources and applications into one interface. It also caters to bankers, accoun...

5444 Wade Park Boulevard

Raleigh, NC 27607

United States

Founded in 1998

Phone:

919-851-7474

Fax:

919-851-6718

Key Executives for Sageworks, Inc.

CEO and Director
President
Co-Founder, Chairman of the Executive Committee, and Head of Product Development
Age: 55
Principal and Vice President of Corporate Development
Executive Vice President of Large Financial Institutions
Compensation as of Fiscal Year 2017.

Sageworks, Inc. Key Developments

Sageworks, Inc. Presents at RMA'S 2017 Annual Risk Management Conference, Nov-13-2017 07:10 AM

Sageworks, Inc. Presents at RMA'S 2017 Annual Risk Management Conference, Nov-13-2017 07:10 AM. Venue: Boston, Massachusetts, United States. Speakers: Tim McPeak, Director of The Financial Institutions Division.

Sageworks, Inc. Presents at Retail Banking 2017, Mar-22-2017 12:00 PM

Sageworks, Inc. Presents at Retail Banking 2017, Mar-22-2017 12:00 PM. Venue: Trump National Doral Miami, 4400 NW 87th Avenue, Miami, FL 33178, United States. Speakers: Steven Martin, Vice President.

Greater Hudson Bank and Sageworks Partner to Provide Online Lending Platform to Borrowers

Greater Hudson Bank and Sageworks have announced their partnership to provide an online loan application allowing commercial borrowers to complete applications electronically. As of Oct. 2, the Sageworks Online Loan Application is live at the $473 million bank. The lending platform integrates a commercial loan application into a bank or credit union's website, opening an online channel for driving new-loan applications and reducing loan origination costs for the institution. Greater Hudson Bank's mission is to provide exceptional service and value to customers throughout local communities and the Bank's move to implement Sageworks Online Loan application is aligned with that mission. Document collection is often a bottleneck in the commercial loan application process. With Sageworks' online lending platform, the turnaround time on loans significantly decreases due to the platform's electronic tax return-reading technology.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 17, 2018
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