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Kasasa, a financial technology company that designs and markets checking and savings accounts for community banks and credit unions, has partnered with financial engineering firm Thomas Ho Co. Ltd to provide banks and credit unions with a balance sheet management tool.

Known as IncomeRisk, the analytics and insights service will let community financial institutions that use Kasasa’s products link risk and return by identifying key drivers of net interest income, Kasasa said in a statement this week. The tool will also provide risk assessment analyses.

“The recent failure of Silicon Valley Bank and Signature Bank sparked fear throughout the banking sector,” Kasasa said in the statement. “Consumer confidence wavered, and they began demanding transparency, wanting to know that their banks are making prudent decisions and that their money is safe.”

More than two dozen Massachusetts community banks and credit unions offer deposit products through Kasasa.

“Consumer confidence is the foundation of the banking industry,” Kasasa CEO Gabe Krajicek said in the statement. “Thomas Ho’s IncomeRisk platform, which will help fiduciaries better understand the amount of risk they’re assuming to generate income, will help banks tighten up their balance sheets and ultimately help restore trust and confidence in our industry.”

Kasasa said its partnership with THC will help community banks and credit unions understand what drives their net interest income and the amount of risk they are taking to generate return. Banks and credit unions will be able to monitor risk and return over time and make comparisons to other institutions. The tool will also help identify strategies to maximize risk-adjusted returns, the statement said.

“Kasasa’s network of community banks and credit unions combined represent the 4th largest branch banking network in the country,” Thomas Ho, founder and CEO of Thomas Ho Co., said in the statement. “With so much of the industry encapsulated by the Kasasa brand, we want to help maintain the integrity of the banking system and ensure that banks fully understand the risk they’re taking to generate profitability.”