PHOENIX - (Business Wire) Phoenix-based
CCG Catalyst, which provides strategic guidance for banks, credit unions, mortgage lenders and other financial organizations, announced it offers vendor evaluation services to ensure financial institutions are making the right decision on third party solutions to meet their future business objectives and budget.
Based on CCG Catalyst’s extensive knowledge of vendors’ overall strengths and weaknesses, its thorough vendor evaluation service combines its marketplace awareness with its proven methodology to document the decision process when selecting vendors, minimize management distraction, reduce time to decision, create buy-in among the stakeholders within the financial institution and satisfy due diligence requirements.
The vendor evaluation service provides financial institutions with objective direction to create sound decisions, which leads to a healthier long-term relationship with the selected vendor. As the industry exits the IT downturn of 2008 and 2009 and financial institutions are beginning to increase spending on hardware and software, this service helps them allocate resources as effectively as possible.
“There are potentially several vendors that could provide services required by any given financial institution, but many institutions have difficulty in selecting the best vendor for their specific needs due to incomplete selection criteria and an inability to distinguish fact from fiction regarding vendor’s stated capabilities,” said Paul Schaus, president of CCG Catalyst. “The recent consolidations and acquisitions in the vendor space has made the decision even more difficult for banks and credit unions. We understand the complexities associated with an organized and thorough vendor evaluation, and our goal is to maximize financial institutions’ vendor investments.”
About CCG Catalyst
Founded in 1998, Phoenix-based CCG Catalyst provides strategic guidance for banks, credit unions, mortgage lenders, captive finance companies and other organizations within the financial industry. The company specializes in conducting strategic planning and implementing recommended solutions that boost profitability and enhance service levels, particularly when dealing with the adoption of technology, new business practices and growing market share. For more information, visit the company's Web site at www.ccg-catalyst.com.
For CCG Catalyst
Sarah Wroble, 678-781-7236
