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IBANYS Selects Paradigm as a Preferred Provider


Aug 1 - Paradigm Strategies and Solutions, a division of Paradigm Asset Management Co. LLC, has received the endorsement by the Independent Bankers Association of New York State of its RSRI services, which provide clients comprehensive statistical and diagnostic reviews of banks' strategic strengths, weaknesses and risks within the context of the current and evolving regulatory and competitive environment.

Over the past three years, Paradigm has served as one of the managers responsible for assisting the Treasury in winding down the TARP program and separately advised the Treasury Small Business Lending Program on its initial investments in community banks throughout the nation. Paradigm’s team has worked with a cross section of community banks — from near-death restructurings to nationally rated, top-performing institutions.

“We are pleased to welcome Paradigm as our newest partner,” said Frank Capaldo, president and CEO of IBANYS. “Given the continuing evolving regulatory environment and the growing pressure on senior managers and boards of directors regarding strategic risk assessment, Paradigm’s expertise in risk assessment for financial institutions, particularly community banks, provides a platform for our members to improve the comprehensiveness and effectiveness of strategic risk assessment and mitigation steps.”              

IBANYS represents the interest of independent community banks located throughout New York State. By receiving this endorsement, Paradigm will become a member of a select group of preferred providers chosen by IBANYS to service the needs of its bank membership.

About Paradigm Asset Management Company
Paradigm Asset Management Company ( is a 23-year-old firm with approximately $1 billion assets under management. The Strategies & Solutions division is the company’s advisory practice, which in addition to other community banking clients also provides financial services to the United States Treasury for a portfolio of community banks and thrifts across the U.S. under the Capital Purchase Program and the Community Development Capital Initiative of the Troubled Asset Relief Program. It is one of six managers selected from a pool of over 200 applicants to manage the TARP portfolio and assist in the wind down of the program. Services included recapitalizations, restructurings and ongoing valuations of warrants, securities and banking enterprises. It also has served as special financial advisor to the Small Business Loan Fund during the initial funding process for the over 400 small bank and thrift applicants under that program. Additionally, Paradigm Strategies & Solutions offers a spectrum of cost-effective risk assessment products and services to community banks and thrifts with assets under $5 billion. Paradigm’s proprietary modeling and analytical tools help clients develop strategies that enhance financial performance and enhance strategic risk assessments. The Division also offers capital utilization analysis and regulatory compliance services, strategic advice and customized solutions to improve our clients’ competitive edge.

About Independent Bankers Association of New York State
Founded in 1974 and located in Albany, the Independent Bankers Association of New York State ( exclusively represents the interest of independent community banks located throughout New York State. Community banks share a commitment to meeting the financial needs of their respective local communities. The association supports community bankers through representation in legislative and regulatory affairs, sponsors educational programs and services for its members and provides information about community banking to the public.