Bobsguide

MAY 14, 2022

Selected partners will deliver independent assessments and provide additional perspectives in specified areas that could be included in assessing the Banks’ risks and/or reviewing Banks’ compliance with the regulatory requirements.

Compliance 145

Compliance Risk Management Analysis Maine 145

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

Compliance 221

Compliance New York Regulation Analysis 221

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

Perficient

JUNE 19, 2024

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control.

Exercises 221

Exercises Compliance Risk Management Video 221

Abrigo

MAY 2, 2024

We'll cover everything from understanding the borrower's needs to the fundamentals of financial analysis and the importance of building a trusted relationship with borrowers. Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework.

Lending 221

Lending Strategy Analysis Policies 221

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Abrigo

DECEMBER 29, 2023

Click the header next to each number to visit the corresponding top banking risk resource. CFPB 1071 rule: Checklist for compliance success Despite efforts to scrap the new small-business lending rule finalized in 2023, financial institutions have continued to prepare to comply.

Resources 221

Resources Lending Risk Management Policies 221

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. However, there is a range of other areas of noncompliance risk for these businesses. In the U.S.,

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

SEPTEMBER 24, 2024

You might also like this checklist, "6 steps for compliance with the new AML/CFT program rules." DOWNLOAD Takeaway 1 A human-in-the-loop approach plays a vital role in ensuring that AI systems effectively support alert and case management for AML/CFT suspicious activity monitoring.

Software 195

Software Management Compliance Resources 195

Abrigo

FEBRUARY 16, 2024

Improve tickler management: Ticklers are often managed by committee, but accountability and follow-through are necessary to ensure these tasks are handled efficiently. Assign clear responsibilities and establish accountability at all levels—from mechanics and calculations to analysis of covenant breaches.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

FEBRUARY 6, 2024

Cash flow analysis: Draft policies focused on consistent and accurate cash flow analyses. Consider that global cash flow analysis will be necessary for complex borrowers and outline cases in which analysis is encouraged. How robust is your compliance program?

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. Risk Management. AI may be used to augment risk management and control practices. Textual analysis. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

JUNE 28, 2024

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Community Bank 195

Community Bank Strategy Community Management 195

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17).

Compliance 100

Compliance Risk Management Tools Software 100

Abrigo

NOVEMBER 13, 2024

Abrigo’s proprietary analysis comes from the largest real-time database of private-company financial statement information in the United States. Thousands of banks, credit unions, and accounting firms use our risk management and lending solutions, contributing to this cooperative data model for banking intelligence.

Lending 195

Lending Meeting Data Risk Management 195

Insights on Business

JULY 30, 2019

Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis. The offering is built on the IBM Workspace Analyzer platform, an in-memory platform that aggregates and manages data across multiple sources in real-time. Waiting will not work.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

JULY 2, 2019

In response, data — both the aggregation and analysis of it — is increasingly vital to remaining compliant, and fighting financial crime. Nick Parfitt, head of market planning at Acuris Risk Intelligence , pointed to the latest saga with Lloyds as an example of how FIs react to changing and intensifying AML requirements.

Compliance 115

Compliance Regulation Data Analysis 115

Perficient

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time.

Risk Management 221

Risk Management United States FDIC Compliance 221

Abrigo

DECEMBER 22, 2023

Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators.

Risk Management 221

Risk Management Regulation Management Lending 221

Celent Banking

MARCH 4, 2017

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity.

Risk Management 100

Risk Management Fraud Management Case Study 100

Perficient

JUNE 25, 2024

Agents: Computers executed trades autonomously based on algorithms programmed by software developers. Understanding the Different AI Phases Hsu highlighted that each phase requires different risk management strategies and controls.

Case Study 221

Case Study Risk Management Analysis Innovation 221

Insights on Business

MARCH 4, 2019

This series of live and interactive webinars convenes experts and risk professionals together to discuss key issues in RegTech, and to help banks understand the innovations available to help address challenges and unleash their potential. Introducing the IBM RegTalk webinar series episode 3.

Analysis 79

Analysis Report Regulation Compliance 79

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

Insights on Business

JUNE 28, 2018

A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance. So how is AI helping risk and compliance processes? Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements. Yes, a little, I agree.

Compliance 70

Compliance Case Study Analysis Analytics 70

Abrigo

AUGUST 26, 2024

The forward-looking approach to estimating the allowance for credit losses introduces several risks that auditors and examiners are scrutinizing. Understanding how to identify these potential CECL risks is essential for ensuring compliance and accuracy in credit loss estimates. Has a loss driver analysis been completed?

Compliance 195

Compliance Management Regulation Data 195

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Perficient

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period.

Retail 221

Retail FDIC Risk Management Management 221

Abrigo

MAY 19, 2023

Some banks have enough critical mass to rotate junior teammates from credit analysis to workout to loan review for 6-month exposures to each of these areas before sending them on to lending assignments.

Training 195

Training Lending Risk Management Guidelines 195

Insights on Business

JULY 1, 2019

Until recently, the words “customer experience” and “compliance” didn’t really come up in the same conversation – let alone exist in the same universe. In addition, the speed of this analysis takes a fraction of the time of manual analysis or combining ad hoc reporting from multiple systems. Learn more at ibm.com/RegTech.

Compliance 96

Compliance Customer Experience Analysis Data 96

CFPB Monitor

AUGUST 6, 2018

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. With this in mind, the July 2018 Bulletin focuses on a wide-range of consumer protection issues, including: Redlining.

Compliance 68

Compliance Risk Management Lending Training 68

PYMNTS

JANUARY 10, 2019

The enterprise is exposed to financial risks at just about every angle, with expansion across borders and into partnerships with unfamiliar firms upping the ante on both risk and reward. Analysts are urging corporates to enhance their risk management strategies in today’s particularly volatile climate.

Risk Management 185

Risk Management Strategy Management Analytics 185

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. Workflow & Analysis. LOS process management features. Lending process management is key to timely decisions. Beyond Origination. Understand the elements of an LOS.

System 195

System Lending Analysis Software 195

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan. ”

Compliance 115

Compliance Risk Management Analysis User Experience 115