Frost Partners with Valor's Mineral Asset Management Software, mineral.tech®

Rhea-AI Summary

Frost has partnered with Valor to integrate mineral.tech®, a state-of-the-art mineral management software, to enhance services for its mineral asset management clients. The software provides increased visibility and transparency in managing mineral assets by digitally mapping interests, organizing historical paperwork, tracking revenue, and producing analytics reports.

Brad Ince, a senior VP at Frost, highlighted the software's advanced reporting and analytics capabilities, which offer clients full visibility and real-time access to their mineral asset portfolios. Matt Autry, president of Valor, expressed confidence that mineral.tech® will help provide Frost's clients with increased clarity and accessibility into their mineral rights assets.

Positive

• Partnership with Valor enhances Frost's mineral asset management services
• Integration of mineral.tech® software provides improved visibility and transparency for clients
• Real-time access to mineral asset portfolios for Frost's clients
• Advanced reporting and analytics capabilities offered by mineral.tech®

Negative

• None.

Insights

Financial Analyst

Frost's partnership with Valor and integration of mineral.tech® is a strategic move to enhance its mineral asset management services. While this news doesn't directly impact Frost's financials, it could lead to increased client satisfaction and retention. The software's advanced capabilities in digitizing, organizing and analyzing mineral assets may attract new clients, potentially boosting Frost's revenue in this segment long-term. However, the impact on overall business performance is likely to be minimal in the short term, given that mineral asset management is just one aspect of Frost's diverse banking operations. Investors should view this as a positive operational improvement rather than a significant financial catalyst.

Tech Expert

Valor's mineral.tech® represents a significant technological upgrade for Frost's mineral asset management capabilities. The software's features, including digital mapping, document digitization and advanced analytics, align with industry trends towards digitalization and data-driven decision-making. This integration positions Frost at the forefront of tech adoption in the mineral rights sector. The real-time access and visibility provided by mineral.tech® could be a game-changer for clients, potentially giving Frost a competitive edge in attracting and retaining high-value mineral asset clients. However, the long-term success of this partnership will depend on the software's reliability, user-friendliness and Frost's ability to leverage its full potential.

Market Research Analyst

This partnership highlights the growing importance of specialized software in niche financial services. The mineral rights management market, while relatively small, is becoming increasingly sophisticated. Frost's adoption of mineral.tech® indicates a proactive approach to meeting evolving client needs in this sector. This move could differentiate Frost from competitors who may still rely on more traditional methods. However, the overall market impact is likely to be , as mineral asset management is a specialized service affecting only a subset of Frost's client base. Investors should view this as a positive indicator of Frost's commitment to innovation and client service, rather than a major market mover.

FORT WORTH, Texas, Sept. 18, 2024 /PRNewswire/ -- Frost has engaged Valor and its mineral management software, mineral.tech^®, to support its mineral asset management clients. This proprietary software provides clients with more visibility and transparency in managing their mineral assets. The software digitally maps all interests, digitizes and organizes historical paperwork, tracks revenue and produces reports containing analytics for accounting and auditing needs. 

Frost has integrated Valor's state-of-the-art mineral management platform, mineral.tech^®, to enhance services offered to its mineral asset management clients. By using mineral.tech^®, Frost will be able to provide its clients with even more support, leveraging the unique resources and on-demand accessibility provided by the software, ensuring that Frost's mineral asset clients continue to receive quality service and portfolio insight. 

"mineral.tech^® and its advanced reporting and analytics capabilities are redefining how we manage mineral assets for our mineral management clients," said Brad Ince, a senior vice president and statewide mineral asset manager at Frost. "The software continues to impress our clients by providing full visibility and real-time access to their mineral asset portfolio."

"We're honored to be working with Frost, a name synonymous with banking in Texas," stated Matt Autry, president of Valor. "We are confident that mineral.tech^® will be instrumental in helping provide Frost's clients with increased clarity and accessibility into their mineral rights assets. Valor is excited to serve Frost and help provide their clients with top-tier mineral management services through mineral.tech^®."

Headquartered in Fort Worth, Valor has earned a reputation as one of America's leading oil and gas outsourcing companies. Key service lines of the specialty asset management company include oil and gas accounting, mineral rights management, and oil and gas consulting and outsourcing. The company's innovative mineral management software, mineral.tech^®, is a map-based and data-rich platform that integrates accounting, land management, data analytics, and reporting. mineral.tech^® allows clients to have a complete view of their asset portfolio and digitally organize all associated critical documents (leases, deeds, conveyances, revenue statements, JIBs, tax forms, etc.). Valor provides a full suite of mineral management services and mineral management software access to support and empower banks, trust and wealth advisors, and institutions. The company is also a leading provider of oil and gas outsourcing services for banks and institutions, offering owner relations support, oil and gas accounting, regulatory compliance, and other back-office operations. 

About Valor:
Valor is a specialty asset management and professional services provider serving mineral rights, oil and gas owners, and investors. We place the client first, providing flexible solutions and leveraging our team of experts to maintain the security, clarity, and optimization of privately owned assets. Valor is headquartered in Fort Worth and maintains a satellite office in Midland, Texas. Valor has been singled out for several prestigious awards, including the Inc. 5000 list (2023 & 2024), Fort Worth Inc.'s Best Companies to Work For (2022, 2023 & 2024), the Inc. Best Workplaces 2024 list, and Most Inspiring Workplaces™. Explore the benefits of partnering with Valor to manage mineral rights and outsource accounting and back-office services by visiting www.onevalor.com.

About Frost:

Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with $48.8 billion in assets at June 30, 2024. One of the 50 largest U.S. banks by asset size, Frost provides a full range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped Texans with their financial needs during three centuries. For more information, visit www.frostbank.com.

Media Contact:
Hannah Jones
817-370-0612

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SOURCE Valor

FAQ

What is the partnership between Frost and Valor?

Frost has partnered with Valor to integrate mineral.tech®, a mineral management software, to enhance services for its mineral asset management clients.

How does mineral.tech® benefit Frost's clients?

mineral.tech® provides increased visibility, transparency, and real-time access to mineral asset portfolios, along with advanced reporting and analytics capabilities.

What features does mineral.tech® offer for mineral asset management?

mineral.tech® digitally maps interests, digitizes and organizes historical paperwork, tracks revenue, and produces analytics reports for accounting and auditing needs.

Who are the key figures mentioned in the Frost-Valor partnership?

Brad Ince, a senior VP at Frost, and Matt Autry, president of Valor, are mentioned as key figures in the partnership.