AUSTIN, Texas, Aug. 27, 2019 /PRNewswire/ -- German American
Bank will be deploying 360factors' flagship platform, Predict360™.
The bank will be employing compliance management, regulatory change
management, document management, and audit management, along with
regulatory and business intelligence tools. German American bank
was founded in 1910 and is headquartered in Jasper, Indiana. 360factors is an industry
thought leader involving GRC solutions, pioneering the use of
artificial intelligence to empower companies to manage compliance
and risk.
"We are growing at a fast pace and wanted a platform that will
be able to serve our growing needs," said Crystal Barnes, Regulatory Compliance Specialist
at German American Bank. "With growth comes an increasing number of
clients, locations, and business lines, and we wanted to maintain
our high levels of quality service, which meant we needed
technology that will allow us to collaborate easily and maintain
the high levels of compliance we are known for. Deploying
Predict360 is another step by us towards becoming a more
streamlined and efficient organization."
"We specialize in helping banks with a vision of growth, and
that made German American the perfect partner for us," said
Carl L. McCauley, CEO for
360factors, Inc. "Our technology will streamline compliance
processes, automate compliance control workflow, and bring
increased visibility for the board of German American Bank as they
continue to grow and prosper."
As a GRC solutions leader within the banking, financial services
and FinTech industries, 360factors Inc. continues to develop
relationships with companies of all sizes looking to remove
obstacles of inefficiency and bring about an effective and
efficient governance, risk and compliance solution that meets
the ever-changing demands of their business.
About 360factors
360factors empowers
organizations to accelerate productivity, innovation and
profitability by predicting risks and streamlining compliance.
Predict360, its flagship software product, is a Risk and Compliance
Intelligence Platform augmented with Artificial Intelligence
technology to predict and mitigate operational risks while
streamlining regulatory compliance. Predict360 integrates
regulations and obligations, compliance management, risks and
controls, audits and assessments, policies and procedures, and
training in a single cloud-based SaaS platform based on artificial
intelligence to provide predictive analytics and unique insights
for predicting risks and streamlining compliance. 360factors is the
exclusive endorsed solution provider for compliance management by
the American Bankers Association (ABA).
Visit www.360factors.com for more
information.
About German American Bank
German American
Bancorp, Inc. is a NASDAQ-traded (symbol: GABC) bank holding
company based in Jasper, Indiana
since 1910. Through its banking subsidiary German American Bank,
the company operates 67 banking locations in 20 contiguous southern
Indiana counties as well as
Owensboro, Bowling Green,
Franklin and Lexington, Kentucky. The Company also
owns an investment brokerage subsidiary (German American Investment
Services, Inc.) and a full line property and casualty insurance
agency (German American Insurance, Inc.). Visit
https://germanamerican.com/ for more information.
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SOURCE 360factors