News Release
For Immediate Release
March 11, 2014
Contact: Stacey Wallace
850-228-2667,
Coface Collections North America Announces Corporate Rebrand to Altus
New Brand Reflects Company’s Position as Global Leader in
Commercial Collections & Trade Solutions
(Kenner, La) –Coface Collections North America, Inc. (CCNA), a comprehensive accounts receivable management agency, announcedthat it has rebranded to Altus as part of a global brand realignment strategy effective immediately. With the adoption of its new brand, tagline and logo, Altus has simultaneously launched its new website The rebranding will continue to build and foster Altus’s unparalleled dedication to offering innovative trade solutions.
Altus, a name that reflects the highest level, peak or pinnacle of customer service, is a Natixis company. Natixis is the corporate, investment management and financial services arm of Groupe BPCE, and the parent company of both Coface North American Insurance Company (Coface) and Altus (formerly CCNA).
The corporate leadership and staff, with whom customers have grown to trust, will remain in position and the array of accounts receivable management services provided will be expanded and optimized.
“This strategic realignment has enabled Altus to provide more focused solutions to its core customer base,” said Tom Brenan, President of Altus. “In addition, Altus will now have the power to tap into an expansive international network, which in turn will allow us to provide our clients with increased support by one of the largest European investment banking institutions (BPCE) in the world.”
The company adopted a new tagline “Global Trade Solutions” and a new logo symbol, a stylized globe, which perfectly embodies the infinite expansion of Altus and the offering of innovative value to customers throughout the world. The elliptical form expresses the offering of reliability, trust and security to customers and the harmony of our wide-ranging trade and accounts receivable management expertise.
Coface, CCNA’s former parent company, will now focus solely on credit insurance; however, Altus has leveraged its long-standing excellent relationship with Coface and Altus’ clients will benefit from the partnership.
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About Altus
As a Natixis company, Altus provides commercial debt recovery services in the United States and abroad.The company is a comprehensive, full service receivable management agency offering receivable management outsourcing, domestic and international commercial collections, audit collection, and business receivable management training.
Altus is fully licensed and bonded in all required jurisdictions. It is also certified by the Commercial Law League of America (CLLA) of the Commercial Collections Agency Association of CCAA and the International Association of Commercial Collectors (IACC).
Altus has achieved Type II Certification with the American Institute of Certified Public Accountants’ Statement of Standards for Attestation Engagements (SSAE) 16 for meeting rigorous criteria regarding its controls and processes, policies, procedures, personnel and operational activities.
Founded in 1994, Altus is headquartered in Kenner, La., with branch offices in Colorado, Washington and New Jersey. Visit us at
About Natixis
Natixis is the corporate, investment and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 21% of total bank deposits and 36 million clients spread over two networks, Banque Populaire and Caisse d’Epargne.
With more than 15,300 employees (excl. Coface), Natixis has a number of areas of expertise, which are organized in three main business lines: Wholesale Banking, Investment Solutions and Specialized Financial Services.
A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s two retail banking networks.
Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3 (1) of €12.5 billion, a Basel 3 CET1 Ratio(1) of 10.4% and quality long-term ratings (Standard & Poor’s: A / Moody’s: A2 / Fitch Ratings: A).
(1) Based on Natixis understanding of CRR-CRD4 rules reported on June 26, 2013, including the danish compromise - without phase-in except for DTAs on tax loss carry forwardsFigures as at December 31, 2013
BPCE Group
Groupe BPCE pursues a full range of banking and insurance activities, working through its two major Banque Populaire and Caisse d’Epargne cooperative banking networks and different subsidiaries.
Groupe BPCE, the 2nd largest banking group in France, has deep roots in its local markets. Its 117,000 employees serve a total of 36 million customers.
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