UMB Bank Renews Multi-Year Maintenance Agreement for Multiple Shaw Software Products

UMB

HOUSTON (August 15, 2011) -Shaw Systems Associates, Inc. announced that UMB Bank has renewed its software maintenance agreements for COMMERCIAL, RETAIL, CREDITSTREAM, and COLLECTIONS.

COMMERCIAL is a comprehensive solution for managing a diverse commercial lending portfolio, providing complete operations, accounting, and reports for a commercial loan department. Loan products include Commercial/Corporate, Commercial Real Estate, Syndications, Participations, Letters of Credit, Consumer, SBA, and Asset-Based Lending.

RETAIL, the industry’s leading consumer lending solution, supports a myriad of loan products with integrated features for automation and account management. The product services loans, line of credit, home equity, dealer/indirect, Floor Plan, commitments, securitization, and insurance.

CREDITSTREAM is an advanced pipeline, tracking, and workflow solution with facilities for managing deal, customer, and loan/lease components, including reporting.

COLLECTIONS is a comprehensive, customer-centric collections and portfolio management application designed for banks, finance companies, credit unions, and other financial institutions. This full-featured product accommodates every phase of an account’s life cycle for loans, leases, line of credit, credit cards, mortgages, DDA, and other receivables.

About UMB

UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona.