Covarity

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Covarity is a loan monitoring platform that automates the post-origination work financial institutions typically manage on spreadsheets and email chains - covenant tracking, borrower document collection, borrowing base calculations, and portfolio risk alerts. Used to monitor over $40 billion in committed capital across 15,000+ loans, Covarity is trusted by 30% of Canadian credit unions and monitors more than half of Canada's margined loans. The platform supports commercial C&I, commercial real estate, asset-based lending (ABL), and agricultural loan portfolios.