Financial executive brings over 33 years of experience in the financial industry to support and guide the results-driven software company.
TOPEKA, Kan. (March 12, 2024) – Intelligent Banking Solutions Inc. (“IBS”), the market leader in debt collection and asset recovery management software for financial institutions, announced the appointment of Ronnie Wooten as its new Chief Executive Officer (CEO).
Wooten will continue her role as the CEO of Suntell, a position she has held since 2022. Both companies are part of Arcadea Group, a global, long-hold and growth-oriented SaaS investor. Wooten touts more than 33 years of financial industry experience across retail, lending and operations.
Wooten earned her bachelor’s degree in accounting and finance from Ottawa University. By the time she graduated, she had worked her way from teller to loan secretary to residential mortgage loan underwriter. She later held positions as an internal staff auditor for a large S&L, as an asset operations specialist for the RTC (Resolution Trust Corporation) and as a credit operations officer at a commercial bank.
At Suntell, Wooten started as a compliance officer before diversifying her skill set as a product manager, quality assurance manager, sales engineer, customer service manager and development manager. Suntell went on to appoint Wooten as president and COO, a position she held until her promotion to CEO in 2022.
“I have dedicated my career to empowering community banks through technology solutions that streamline operations and drive success,” said Wooten. “Leading Intelligent Banking Solutions allows me to further this mission, leveraging our superior software to support the growth and competitiveness of banks and credit unions.”
IBS helps collections officers stay competitive by supplying them with their fully customizable CARM-Pro™ collections and asset recovery software. With Wooten at the helm, the company will continue to deliver cutting-edge software solutions for banks and credit unions.
“I love to help organizations modernize, streamline and be successful. I’m excited to bring this dedication to IBS,” said Wooten.
Beyond her professional endeavors, Wooten is deeply committed to giving back to the community. She volunteered as an operations coordinator for a local non-profit and served as a program administrator for youth baseball and softball.
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About Intelligent Banking Solutions, Inc.
Intelligent Banking Solutions, Inc. (IBS) is the leading provider of debt collection and asset recovery management software. Based in New London, New Hampshire, IBS serves financial institutions to increase their profitability, reduce risk and drive optimal productivity. IBS exclusively serves the debt management requirements of the banking industry by assisting their teams in reducing charge-offs, lowering departmental operating costs and increasing recovery income. IBS provides the most widely used banking collections and recovery software platform in the United States market, having licensed the system to almost 900 financial institutions. This powerful desktop and browser software allows organizations to maximize collector productivity and automate the tracking of delinquent accounts, foreclosures, repossessions and bankruptcies. Improved staff productivity and powerful recovery tools allow clients of IBS to increase their recovery revenue on charged-off accounts. IBS solutions also enable clients to remain compliant with internal and external policies and regulations regarding the collection of delinquent accounts.
About Arcadea Group
Arcadea Group invests in high-quality, independent and founder-controlled software companies over extended periods of time, which no private equity or growth equity firm can match. Based in Toronto, Canada, Arcadea invests on a global scale while exclusively focusing on businesses that offer long-term growth potential and ambitions.
About Suntell
Suntell was founded in 1996 by bankers looking to solve the labor intensiveness of financial data collection and analysis, loan portfolio servicing and the management of collections for problem loans. Suntell aims to provide better asset quality, as well as increased strength and safety to regulatory examinations and improved workflow efficiency to community banks and credit unions throughout the United States. Suntell pioneered the Loan Management System (LMS) for maximum productivity. Suntell uses their skills and subject matter expertise to develop and enhance products that are responsive to not only the industry, but to feedback from their valued customers.
Contact:
Ronnie Wooten
Intelligent Banking Solutions, Inc.
rwooten@suntell.com
Tara Dimick
tara@weareyourcompass.com
785-217-4836
