June 27, 2019
AUSTIN, Texas (June 27, 2019)—Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it is partnering with PrecisionLender, the leading provider of applied banking insights for commercial banks, to help commercial financial institutions (FIs) build deep customer relationships, increase profitability and strengthen their technology ecosystems.
PrecisionLender’s pricing and profitability software empowers commercial bankers with actionable, in-the-moment insights and coaching, so they can structure, price and negotiate winning deals. Andi®, PrecisionLender’s virtual insights analyst, works with relationship managers, observing their actions, gathering data and delivering timely, contextual recommendations.
“Q2 is continuing to focus on its commercial customer experience in digital lending, first with the acquisition of Cloud Lending Solutions and now with this latest partnership,” said Jonathan Price, senior vice president of corporate and business development for Q2. “With the power of PrecisionLender’s pricing and profitability solutions, FIs can quickly offer improved commercial loan pricing and structure—helping them drive more low-risk loan, deposit and treasury services volume.”
“Commercial banks have realized that the approach of referring bankers to a model that gives a binary, yes-no output on deal terms is outdated and puts them at a competitive disadvantage.” said Greg Demas, senior vice president of community and regional banking at PrecisionLender. “PrecisionLender opens up a whole new world of market insights, best practices and real-time coaching tailored to the strategic objectives of the bank and the specific needs of the individual banker. We’re thrilled to partner with Q2 to accelerate the delivery of PrecisionLender to banks and credit unions across the country.”
For more information about Q2, visit www.q2ebanking.com.
Q2 is a secure, cloud-based digital transformation solutions company headquartered in Austin, Texas. Since 2004, it has been our mission to build stronger communities by strengthening their financial institutions. Our digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a better financial experience to their account holders. Our bank and credit union customers, along with emerging financial services providers, also benefit from actionable data analytics and access to open technology tools. To learn more about Q2, visit www.q2ebanking.com.
PrecisionLender is modernizing commercial banking. Our sales and negotiation solution empowers bankers with actionable, in-the-moment insights and coaching, so they win better deals and build strong, more profitable relationships. Andi®, PrecisionLender’s virtual insights analyst, augments banker strengths and intelligence with the latest technology and data, delivering the best recommendations at exactly the right time. 12,000+ bankers at 200+ banks – ranging from $1B to $1T in assets – use our solution. Set your bank apart with PrecisionLender’s applied banking insights. Visit https://www.precisionlender.com to learn more.
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