Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has added Amalgamated Bank to its growing client roster. The New York-based bank will leverage Baker Hill NextGen® Statement Spreading to streamline financial analysis for commercial loans.
For nearly a century, Amalgamated Bank has been America's socially responsible bank supporting thousands of people, organizations, causes and businesses committed to making a positive difference in the world. As a Certified B Corporation and a member of the Global Alliance for Banking on Values, Amalgamated Bank aims to serve organizations and businesses that not only have strong financials, but are also making the world a more equitable and sustainable place.
To further its mission of serving customers and clients that are making a meaningful impact in the world, Amalgamated Bank has chosen Baker Hill NextGen® Statement Spreading to improve its financial spreading analysis and better manage credit risk. The bank will deploy the new statement spreading solution for its Commercial and Industrial (C&I) Lending division.