We've Moved!

Since we now have our newly designed website that include our very on news blog that we are able to update as often as we want on our website www.trinvous.com, we will no longer be updating this site. For all the latest news on TriNovus vist us at

https://www.trinovus.com/latest-news/

TriNovus Releases Newest Version of Stress Testing Solution For Financial Institutions

TriNovus Releases Newest Version of Stress Testing Solution For Financial Institutions
BankRISK Can Be Calibrated to Emulate Supervisory Capital Assessment Program

Birmingham, Ala., December 1 , 2010 – TriNovus, LLC (www.trinovus.com), a company focused on delivering relevant technology solutions to the financial marketplace, announces a new release of its BankRISK stress testing and capital assessment solution that fulfills the requirements of the latest guidelines set forth by the Federal Reserve.

The Federal Reserve is requiring the nation’s nineteen biggest financial institutions to undergo another round of stress tests, and in an advisory dated November 17, 2010, the Federal Reserve suggests that “a comprehensive capital plan should incorporate a stress testing framework that considers a range and variety of economic, financial market and operational events and outcomes, including very severe ones, to estimate potential capital needs. It should capture, among other elements, management’s estimates of potential losses, revenues and the amount of capital needed to withstand these scenarios and be able to continue to operate in a safe and sound financial condition.”

BankRISK is calibrated to emulate the Supervisory Capital Assessment Program, and it can be adjusted to various levels of stringency using back testing from a robust historical database.

According to Ronald Widner, BankRISK product analyst for TriNovus, regulators’ expectations around stress testing are two-fold. The first part involves quantification and analytics. The second requires developing a game plan to address those results.

“BankRISK is much more than just an off-the-shelf piece of software,” said Widner. “It is a service that helps your bank run the stress tests it is required to do and it devises tactics and strategies to address stress test results so that your bank can ultimately achieve better profitability.”

Banks interested in stress testing can contact TriNovus at 205.991.5636 or email info@trinovus.com.

About TriNovus
TriNovus, a Birmingham, Ala.-based company, was founded with the goal of delivering relevant technology solutions to the financial marketplace. The TriNovus product suite currently consists of solutions addressing compliance, stress testing, vendor management and distressed assets. For more information on TriNovus, visit www.trinovus.com or contact David Brasfield at 205.991.5636 or david.brasfield@trinovus.com.

###

Banks To Under Go Fed Stress Test

CHECKUP: The nation's largest banks must undergo new stress tests to show they can weather another recession, and the Federal Reserve said those that pass them can boost dividends paid to investors.

WHAT'S GOOD HEALTH? Banks would need to show they're in good financial health and that they have adequate capital to absorb potential losses over the next two years.

LINEUP: All of the 19 largest banks overseen by the Fed must file the plans — even if they don't intend to increase their dividend payments.

Source: Yahoo Read Original Article Here

TriNovus' BankRISK product offers stress testing for community banks. Right now we are offering a one time special of $995 to stress test your bank's loan portfolio. You can read more about our solution here

TriNovus TAPS CODEBABY TO INCREASE FREE PRODUCT DEMONSTRATION SIGN-UPS

For Immediate Release:

Birmingham, AL - November 1, 2010 - TriNovus, LLC, a leading provider of relevant technologysolutions to the financial marketplace, is injecting energy on its website with the launch of acustomized and highly interactive CodeBaby Character designed to assist its customer base.

When consumers visit TriNovus’ website www.trinovus.com for a free product demonstration and to join its weekly financial online newsletter, the company’s new customized digital character will make the experience seamless for visitors while they navigate the sign-up process.

“After extensive research for the best conversion solution in the marketplace we found CodeBaby had the best product offering,” said David Brasfield, CEO of TriNovus. “We are excited to have a digital character on our landing page that will increase our customer base and communicate our services clearly to site visitors.”

TriNovus will use a female digital character and she will help the company’s customers in November, 2010.“CodeBaby is delighted to have the opportunity to assist TriNovus reach its business objectives,”said Patrick Bultema, CodeBaby CEO. “They produce an extremely strategic business offering and with the inclusion of a digital character they are fully positioned to communicate their model to consumers.”

About TriNovus:
TriNovus, a Birmingham, Ala.-based company, was founded with the goal of delivering relevant technology solutions to the financial marketplace. Its TriComply compliance solution headed by industry veteran Blair Rugh was designed to serve as compliance knowledgebase for banks. In addition to TriComply, TriNovus offers BankRISK, a loan portfolio stress testing solution; BankerMLS (www.bankermls.com), a web-based application that enables financial institutions to obtain maximum exposure and value for repossessed assets; BankerVMS, a vendor relationship management system that provides financial institutions with an organized, efficient and compliant solution for managing third party relationships; and TriVALU a suite of products that can assist with loan evaluation needs including AVMs and full appraisals. For more information on TriNovus, visit www.trinovus.com or contact David Brasfield at 205.991.5636 or david.brasfield@trinovus.com.

About CodeBaby:
CodeBaby is a privately held internet software company with offices in Colorado Springs, Colo. and Edmonton, Alberta. Its cutting edge technology enables companies to quickly and easily create high-quality, realistic digital character conversations that engage online customers to optimize results. These customized and interactive conversations are creating value for a rapidly growing number of Fortune 1000companies as well as mid-sized clients. With extensive analytics, CodeBaby Monitor
allows clients to track and tune CodeBaby Conversations to achieve dramatic results that include lead capture, cross-sell / upsell, customer service, online learning, and other web tasks. To learn more about CodeBaby, visit www.codebaby.com.
###

The Dodd-Frank Act The More We Hear About It The Less We Like It

And we didn't like it much to begin with. Have you heard about "qualified mortgages"?

New horrors of the Dodd-Frank bill seem to come to light every day. The latest we've
learned of is the concept of the "qualified mortgage" the bill codifies into law.
What's a qualified mortgage? Congress has decreed that it's one that adheres to these eight rules:

1. The mortgage amortizes. No option ARMs need apply.
2. It can't result in a balloon payment that's twice as large as the average of
earlier scheduled payments.
3. The borrower's income and financial resources must be verified and documented.
4. Underwriting is based on the full term of the loan, and takes into account taxes,
insurance, and other related payments.
5. If it's an ARM, underwriting must be based on the max rate permitted over the
first five years and full amortization (including taxes, insurance, and other
related payments).
6. The borrower's debt-to-income ratio meets standards set by the CFPB.
7. Related fees can't exceed 3 points.
8. Maximum term is 30 years.

Got all that? The law basically insists that lenders write only mortgages that are qualified under federal standards. For the rest of the story, visit Bankstocks.com

For more on how TriNovus can help you make banking better visit TriNovus.Com.

Community Banks, Share This With Your Customers Through Your Social Media Channels

Need some content for your facebook page or blog. Why not share this information with your customers...

According to Real Simple Magazine "Swindlers can program their phones so that an actual bank's name shows up on your caller I.D." (referred to as smishing). This could be an automated call where your username and password are requested or it could be an actual live person misrepresnting themselves as someone from your bank.

Advise your customers to protect themselves by:

"If you get a call that's supposedly from your lender-which might happen, especially if you're traveling and they are concerned about any unusual purchases-hang up and call the number listed on your bank statement or credit or debit card. If you have any doubts about a text or an e-mail that you receive, delete it. Then phone yoru bank to resolve any questions and to notify it about a possible scam."

Real Simple Magazine, October

TriNovus provides technology solution to community banks. Visit us at www.trinovus.com or LIKE us on Facebook!

It's Simple...Stick With Community Banks & Credit Unions

According to the October issue of Real Simple Magazine "...if you're more keen on earning the most interest, signing a car loan with the best terms, or paying the lowest fees, look to a local bank or credit union..." 'Smaller institutions must compete for customers, so their reates are usually more favorable -and they focus more on customer service..."

Just like community banks focus on customer service for their banking customers, TriNovus' main goal is to service community banks through being a technology parter not just a provider. Check out our technology solutions for communit banks and know that when you choose TriNovus we'll treat you like you treat your customers. Stop by our website at www.trinovus.com.