Promontory Interfinancial Network offers a range of profit-building solutions that help financial institutions.
ICS®, CDARS®, Promnet Reverse RepoSM, IND®, and Yankee Sweep® enable banks and other financial institutions to build strong, multi-million-dollar relationships; replace higher-cost deposits; reduce collateralization; and purchase cost-effective funding.
Bank Assetpoint® provides access to new loan opportunities via high-touch service from professionals possessing in-depth knowledge of banks and a sophisticated technology platform. It is the only nationwide marketplace for loans that brings nearly 1,400 registered bank participants together with other buyers and sellers of local, regional, and national bank assets.
Residential Mortgage NetworkSM helps banks in buying and selling residential mortgage loan assets in secondary market transactions. By leveraging Promontory Interfinancial Network’s team of mortgage professionals, banks can identify targeted opportunities to buy and sell seasoned and newly originated pools of residential mortgage whole loans.