Situs is a leading solutions provider to the banking industry. From credit underwriting and asset management to project consulting and data aggregation/analytics, Situs solutions drive efficiency to assist banks in managing risk and increasing profitability.
In today’s complex banking environment, the Situs FIG group has developed an industry-leading reputation for providing balanced and thoughtful insight to the banking industry. By leveraging seasoned banking professionals from all levels, Situs delivers expertise in regulatory matters, valuation matters and managing business transformation challenges.
Situs has been a financial services provider in the real estate space for over 30 years and has earned a reputation for delivering high-quality, innovative and forward thinking solutions to banks of all sector and all sizes.
Nine out of the top ten global banks partner with Situs because we produce results that drive the industry and set the standard.
DEPTH OF SOLUTIONS
Banks are large and complex institutions. None of their divisions exist in a vacuum and an effective partner understands this. Situs wide array of services means that they understand what has to be done and how to best facilitate the best possible outcome. Whether it’s underwriting a loan, data aggregation or asset management; Situs knows it on the micro and macro level.
Trust is difficult to earn and easy to lose. Situs’ prominence in the banking world is a testament to the quality of the work and integrity. Compliance and regulatory matters require a great deal of delicacy and Situs understands that well.
Situs has a number of safeguards in place as well as continuous internal assessment of all Risk & Compliance disciplines measured against regulatory benchmarks.
9 out of the top 10 banks work with Situs
Situs has a 30 year history of excellence in the banking world
Support for entire life-cycle of loan
SEC Registered Valuation/Appraisal Division
SERVICES FOR BANKS
Banking relies on understanding the true value, risk, potential and compliance of a real estate asset.
The financial world runs on information and having the tools to stay ahead of the market and competitors
In June 2016, the Financial Accounting Standards Board (FASB) issued a new accounting standard to calculate credit losses. CECL, or Current Expected Credit Loss, will require financial institutions to calculate credit losses over the life of a loan rather than through incurred loss.