Checkpoint Capital, LLC Appoints Wanda Stevens as Director of News Development

Checkpoint Capital, LLC Appoints Wanda Stevens as Director of  News Development

Ms. Stevens added, “Transparency in pricing is not regulated for financial industry clients as it is for retail clients. Bankers are savvy, intelligent businessmen and women but they can only make decisions based upon information provided to them. When that information is controlled, and quite frankly, not totally transparent, then decisions are made based upon lack of information. Yet Checkpoint is an open book. Transparency is long overdue for Community Bankers and will be a welcomed offering for the industry.”

Checkpoint Capital’s affordable institutional buyside technology provides fixed income price transparency to community banks and credit unions aimed at strengthening and enhancing their portfolio management process and maximizing income. Its offering enables access to the types of fixed income investment opportunities utilized by many of the world’s largest financial institutions.

About Checkpoint Capital, LLC

“My heart has always been with the community bankers who keep the state of Texas, and this nation, running, and now, more than ever, I am seeing bankers who are desirous of doing business with providers they can trust,” said Wanda Stevens, Director of News Development at Checkpoint Capital. “I have total trust in Checkpoint’s offering of full disclosure and transparency pricing for fixed income trading and am so excited to be able to share this value proposition with community bankers.”

As the driving force behind the success of TBA Services Co., Inc., Ms. Stevens’ deal making activities were highlighted by a proven track record of business development and profitability. She also spent 15 years in the community banking industry at the beginning of her career, rejoining the industry in 2006 after leadership roles in the insurance industry.

Checkpoint Capital CEO Billy Weber said, “Our transparency model can benefit the banks by mitigating the deleterious effects of Covid-19 on the economy and on past current and future policy. Flooding the banks with liquidity means every basis point counts, and price transparency is paramount to maximize yield. In the community banking business, price is not something talked about, instead its yield. But it is really pricing that matters. To make transparent the purchase price to maximize earnings is prudent in this new paradigm we live in. We are very proud to have Wanda onboard and look forward to her continued success.”

“Given Wanda’s very distinguished career at the Texas Bankers Association, we are thrilled for her to join our team. Wanda has heard every banking vendor pitch in the country, so the fact that she chose Checkpoint continues to validate our model,” said Jon Virostek, Founder and Chairman, Checkpoint Capital, LLC. “Wanda’s sound knowledge, extensive relationships and outstanding credibility in community banking will facilitate our ongoing growth while providing the excellent service our valued clients have come to expect from us.”

Source www.businesswire.com
Disclosures
Expressions of opinion specifically contained in this press release are as of this date and are subject to change without notice. Registered Representatives in this office are registered with and securities offered through Cantella & Co., Inc. Member FINRA | SIPC. 389 Main Street Malden, MA 02109 (800) 333-3502. Checkpoint Capital, LLC is not affiliated with Cantella & Co., Inc. This information is not intended as a solicitation of an offer to buy or sell, and security referred herein. Past performance may not be indicative of future results.

Checkpoint maintains a number of strategic alliances to bring a full suite of solutions in support of community banks and credit unions. Its offerings include Asset Liability Management (ALM), Bond Portfolio Accounting, Strategic Planning, Liquidity Stress Testing, Deposit Analytics and Credit Stress Testing to institutions of all sizes on an on-premise, cloud or outsource service basis.

Checkpoint Capital, LLC offers community banks and credit unions affordable access to the latest financial technology and analytical tools in order to better understand their unique fixed-income investment needs and gain greater price transparency in the bond market. Its resources level the playing field with large institutions and empower community banks to lower costs, increase efficiencies and better manage risk.

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