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Alaska Commission on Postsecondary Education Selects 5280 Solutions for Loan Portfolio Analysis Automation

2008-07-29 11:47:00

Alaska Commission on Postsecondary Education Selects 5280 Solutions for Loan Portfolio Analysis Automation

    DENVER, July 29 /EMWNews/ -- 5280 Solutions LLC, a premier software

development, consulting, and systems integration organization, announced

today that the Alaska Commission on Postsecondary Education (ACPE), has

selected 5280 Solutions(R)' InfoCentre-PI(TM) product for loan portfolio

analysis automation. ACPE is the servicer for the Alaska Student Loan

Corporation.



    "We chose InfoCentre-PI because of the product's strong feature set and

5280 Solutions' unparalleled experience in the student loan industry," said

Kenneth Dodson, Director of Information Support Services at ACPE.

"Education loans have unique details and complexities. With InfoCentre-PI,

we will be able to extract valuable insight into how our loan programs are

performing. It will also provide us with the ability to evaluate our yield

on loans and ROI, enabling us to make better business decisions."



    InfoCentre-PI is a loan portfolio intelligence tool that utilizes

static pool analysis to effectively report on discrete pools of loan data,

including on a vintage basis. Static pool analysis reveals a financial

institution's true return on a pool of loans by keeping them "static"

rather than by aggregating data. By aggregating data, lower-performing loan

pools can go undetected.



    InfoCentre-PI also provides users with the ability to track a loan's

performance through its entire lifecycle and compare it to other cohorts

through vintage analysis. With this data, organizations have the ability to

evaluate the financial return on specific pools of loans, loan programs,

and credit policies, allowing organizations to react to changing financial

market conditions.



    "With increased government regulations and tighter margins,

understanding the behavioral characteristics of your student loan products

is imperative to remaining competitive in this market," said Dominic

Rotondi, Executive Vice President of 5280 Solutions. "We designed

InfoCentre-PI to enable our clients to tap into their historical portfolio

data and distill that data down to critical measures such that they can

easily analyze that information to quickly make informed business

decisions."



    InfoCentre-PI can be used to produce the Reg-AB compliant reporting

necessary to support registered securitizations.



    About 5280 Solutions



    5280 Solutions is an award-winning provider of information technology

products and full-service technical consulting with core competencies in

Educational Loan Software Solutions, Enterprise Content Management (ECM)

Solutions and Custom Software Solutions. 5280 Solutions is a Microsoft(R)

Gold Certified Partner and an IBM(R) Business Partner. For more

information, visit http://www.5280solutions.com.



    About ACPE



    ACPE is the State of Alaska higher education agency and servicer for

State of Alaska financial aid programs. ACPE makes AlaskAdvantage(R)

Programs, a package of financial aid and higher education awareness

services, available to assist Alaska students and the Alaska economy in

taking advantage of the benefits of higher education. AlaskAdvantage(R)

Programs are self-sustaining and are funded by the Alaska Student Loan

Corporation, a public corporation and enterprise instrumentality of the

State of Alaska since 1987.



    5280 Solutions(R) and the mountain logo are registered trademarks of

5280 Solutions LLC. All other trademarks mentioned are the property of

their respective owners.




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