Solutions

Comprehensive Solutions for Financial Services

Parson’s Financial Services Performance Xllerator™ combine extensive domain expertise, proven best practices,

and years of industry experience and input delivering integrated planning models, financial datamarts, analytics,

dashboards and reporting of key performance indicators specifically tailored to address the operational

challenges of banks, financial services and mortgage companies.

The Parson Xllerator provides the ability to adjust strategy and tactics based on the true business drivers in the

market. What will a change in the yield curve from x to y mean for my business? How will adjusting underwriting

standards affect default rates? Should you sell a loan package, or keep it on the books? How many people do you

really need in processing and underwriting? This solution allows for input from multiple regions and offices,

allowing for driver-based trends to propagate across the business, and allowing easy consolidation to a complete

plan. Further, it's easy to update based on rapid changes in the market, and Xllerator enables management to

quickly track progress against key metrics such as:

• Yield curve and interest rate fluctuations for Prime, LIBOR, Fed Funds, and other rates
• Product life and attributes assumptions such as defaults, losses, prepayments, aging and cures
• Loan lifecycle assumptions and decisions including loan origination volumes, spreads, and repurchases
• Securitization inputs such as points and fees, premiums, and costs associated with gains on sales
• Servicing assumptions, such as revenue and retention

The Parson Financial Services Performance Xllerator™ Built-on Cognos performance management products.

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