Kenneth Bachulis Promoted to President of WebEquity Solutions

Omaha, NE (PRWEB) June 27, 2012

OMAHA, Neb. June 27, 2012 — WebEquity Solutions® LLC (WebEquity) announced today that Kenneth Bachulis has been appointed as president. Bachulis, who joined the company in May 2010 as executive vice president of sales, assumes an expanded executive leadership role which includes responsibility for marketing and client services. In this capacity, he continues to report to Doug McGregor, the company’s chief executive officer.

Since joining WebEquity, Bachulis has been responsible for domestic and international sales and marketing of the company’s cloud-based lending software solutions. He has produced impressive sales results including a 32 percent increase in revenue and an 84 percent growth in recurring revenue in fiscal year 2011 which ended in September 2011. Under his guidance, the company added 108 new clients during this same period and has since grown the client base to more than 750 financial institutions.

“In a relatively short time at WebEquity, Ken has demonstrated great leadership and a dedication to serving our client base in a highly professional manner, all of which has had a positive effect on the company and our ability to execute on our goals,” said Doug McGregor, CEO of WebEquity Solutions. “In addition to sales and marketing, I am excited that Ken has accepted the challenge to lead our client services organizations. I am confident that under his direction we will be very successful in expanding our support, training and professional service offerings so that we continue to serve our growing client base at the high level of quality they have become accustom to.”

Bachulis has over 20 years of experience in technology and serving the financial services industry. Prior to joining WebEquity, he was vice president of sales for Fiserv where he was responsible for sales and distribution of the Fiserv APL portfolio accounting and trading systems. In addition, he served as head of Fiserv’s marketing department. Prior to his tenure at Fiserv, Bachulis was vice president of marketing for SunGard Trading & Risk Systems and prior to that a research analyst for Value Line, Incorporated.

A cloud-computing, Software-as-a-Service (SaaS) solution, the WebEquity commercial and agricultural lending platform provides a number of advantages for a financial institution. WebEquity® Lending streamlines the credit analysis, risk rating, financial spreading and credit presentation processes to help a bank gain consistencies and make sound credit decisions. The WebEquity® Risk Dashboard provides stress and shock testing for loans both pre- and post approval, enabling an institution to more proactively manage the risk of its commercial loan portfolio. And the WebEquity® ALLL product automates a bank’s Allowance for Loan and Lease Losses to achieve consistency in the analysis performed in determining loss reserve requirements and clearly documenting the decision process to provide greater transparency for regulators.

About WebEquity Solutions LLC

WebEquity® is the proven leader in on-demand lending software. More than 750 financial institutions and 20,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. WebEquity is the Preferred Service Provider of the Independent Community Bankers of America for commercial/Ag lending, stress testing and ALLL software. For more information call 800.264.0787 or visit


Company Contact:

Mallory Eccker

Marketing Manager

WebEquity Solutions




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