Perficient

AUGUST 4, 2024

This blog post delves into the myriad benefits of Azure Integration Services and highlights high-impact examples that demonstrate its transformative potential for financial services organizations. API Management benefits your products & customers as much as it benefits your development teams.

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

MARCH 25, 2025

Figure out: Who gets to see what (and who definitely shouldn’t) How you’re classifying data (beyond “important” and “meh”) Where your golden records live What to do when it all inevitably goes sideways Metadata management and data lineage tracking are great, but they’re the icing, not the cake.

Data 221

Data Case Study Compliance Regional 221

South State Correspondent

MARCH 24, 2025

Both previous examples do not preclude the community bank from making a loan, but both represent a transaction and not a relationship. However, certain products (example, treasury management), loan features (example, strong prepayment provisions), or contractual life of a commercial mortgage can all extend the expected life of a relationship.

Lending 195

Lending Community Bank Community Management 195

Abrigo

OCTOBER 30, 2024

For example, a bank or credit union may decide that new employees require quality control on 100% of their alerts during training, while seasoned staff might only need periodic reviews. Streamline case management processes. One of the largest areas for improvement in AML programs is case management.

Compliance 221

Compliance Training System Management 221

South State Correspondent

JUNE 25, 2024

In a previous article [ here ] we discussed why community banks need product managers to ensure that financial products and services are effectively developed, launched, and managed to meet customers’ evolving needs and the bank’s risk and profitability goals. This makes the product easier and faster to implement.

Lending 195

Lending Management Community Bank Community 195

South State Correspondent

JUNE 20, 2024

Banks don’t have enough product managers. A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. This article further explores what it means to be a bank product manager. What is Bank Product Management?

Management 195

Management Training Strategy Compliance 195

Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. LISTEN Takeaway 1 Effective CRE risk management involves adapting to changing market fundamentals to avoid excessive loan losses.

Risk Management 195

Risk Management Management Lending Capital 195

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

FEBRUARY 21, 2025

Here are five ways financial institutions can make the most of their CECL data to help with competitive positioning, more effective pricing, asset/liability management (ALM), and other decision-making: Peer analysis and comparison We often categorize data into two types: raw/input data and the output, or enriched data.

Data 195

Data Comparison Study Trends 195

South State Correspondent

SEPTEMBER 12, 2024

In this article, we look at a counterintuitive strategy when managing CDs to increase deposit performance. Simplify When Managing CDs A couple weeks ago, we discussed how best to leverage odd-month CDs and how best to use “specials” effectively ( HERE ).

Management 195

Management Community Examples Marketing 195

Abrigo

MARCH 31, 2025

The lender needs to put forth an accurate and complete picture of the borrowernot only for the borrowers sake, but also for the financial institutions risk management. For example, rather than saying, There was a significant drop in net income, a clear memo would explain the specific cause and its implications.

Analysis 195

Analysis Risk Management Management Data 195

Perficient

NOVEMBER 30, 2022

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . As an example, real-time payments in practical terms will accelerate how fast merchants get paid and will eliminate the waiting period for funds to settle.

Fraud 275

Fraud Management Payments New York City 275

South State Correspondent

MARCH 24, 2025

This week, for example, is a critical time to help clients as a trusted advisor leverage lines of credit to move supplies and purchases forward, potentially avoiding the higher tariffs that have been paused until April 2. businesses find themselves navigating complex economic waters. Appointing someone in Credit might be a workable idea.

Risk Management 195

Risk Management Resources Management Marketing 195

Abrigo

SEPTEMBER 30, 2024

DOWNLOAD Takeaway 1 Shared AML case management helps streamline processes, reduce duplication, and improve communication between fraud and AML/CFT teams. Takeaway 3 Modernizing AML/CFT programs with shared case management aligns with FinCEN's emphasis on innovation and streamlining processes.

Management 195

Management Fraud Software Compliance 195

Abrigo

APRIL 2, 2025

For example, FedNow and The Clearing Houses Real-Time Payments (RTP) Network allow banks and credit unions to send and receive instant payments 24/7, while blockchain-based payment systems like Ripple or stablecoins offer faster, decentralized transactions. However, with faster payments comes greater fraud risk.

Fraud 195

Fraud System Payments Training 195

Perficient

MARCH 1, 2021

As containers and Kubernetes adoption continue to grow, security, monitoring, data management, and networking are becoming top concerns for enterprises. Vulnerability management. Configuration management. Our Red Hat practice excels in OpenShift, containers, and other container management platforms, including Kubernetes.

Security 433

Security Leadership Community Google 433

Perficient

JUNE 30, 2020

When we help customers assess their CX technology, we typically review the following areas: Experience Platforms – These systems typically drive your owned web and mobile experiences and include content management, search, digital asset management, and others.

Customer Experience 348

Customer Experience System Analytics Management 348

Abrigo

MARCH 10, 2025

Many companies have a CECL committee to oversee the allowance, but panelists emphasized that a major focus in exams and audits is whether management truly grasps the nuances of its CECL model. For example, institutions are being asked to conduct more severe stress testing scenarios, ensuring alignment with CECL projections.

Analysis 195

Analysis Data Management Examples 195

South State Correspondent

MARCH 4, 2025

For example, the problem of improving earnings becomes: Rank the most effective way for the bank to increase profit by 20% within the next 2 years while increasing risk by only 10% and holding capital constant. products (treasury management, commercial loans, etc.), For the sake of brevity, we have simplified this question.

Examples 221

Examples Capital Data Case Study 221

South State Correspondent

MARCH 13, 2023

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. That combination made their liabilities very sensitive to safety.

Risk Management 221

Risk Management Management Community Bank Community 221

Abrigo

OCTOBER 9, 2024

In this blog, we explore how banks and credit unions have adapted their approach to Q factors under CECL and share insights from an Abrigo advisory webinar on managing this critical part of the ACL process. For example, "If you're an institution that operates on the coast, you probably have real seasonal risk from weather.

Risk Management 195

Risk Management Management Compliance Data 195

South State Correspondent

AUGUST 28, 2024

Something might be getting lost in the tribal knowledge of managing time deposits. Certificate of deposit (CD) “specials” and the odd-month CD offering are good examples. In this article, we highlight how to better manage time deposits to prevent banks from destroying value.

Management 195

Management How To Training Comparison 195

South State Correspondent

JANUARY 10, 2024

Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management. For example, many banks don’t risk-adjust their loans using a risk-adjusted return on capital model such as Loan Command.

Management 195

Management Examples Marketing Millennials 195

South State Correspondent

OCTOBER 30, 2024

A survey from the CFA Institute caught our attention on why wealth management clients leave. But, do you know what the second highest reason for leaving your wealth manager was? 47% of the respondents said they left because of the poor portfolio performance. That makes sense. Communication.

How To 195

How To Data Management Study 195

Abrigo

JANUARY 24, 2025

They also share tips for managing risk and pricing. As a result, financial institutions with CRE concentrations find it increasingly important to strategically manage the competitive pressures and risks related to origination, refinancing, and loan performance. Managing their current risk is vital, too.

Lending 221

Lending Trends Risk Management Management 221

Abrigo

NOVEMBER 14, 2024

Although the above example is a large bank, similar enforcement actions are being handed down to community banks. Ensure management and board of director oversight : A strong compliance culture starts at the top. Provide for program continuity despite operations, management, employee composition, or structure changes.

Compliance 221

Compliance How To Training Software 221

South State Correspondent

JANUARY 16, 2025

Managing quality growth usually starts with making sure the bank is employing strong, but safe, operating leverage. Lesson 4: Pair Talent with Technology Of course, not all banks on our safest banks list are specialty banks, many achieve their safety through outstanding management.

Capital 195

Capital Management Groups Operations 195

Perficient

FEBRUARY 27, 2025

By adopting these strategies, banks can better manage the dynamic risk and regulatory environment , ensuring compliance while maintaining competitiveness and customer trust. For example, ride-sharing apps like Uber and Lyft offer in-app payment options, and e-commerce platforms provide financing options at checkout.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Abrigo

APRIL 8, 2025

An effective risk rating framework is probably the single most important tool a bank can use when it comes to managing credit risk. But when defaults actually happen, all kinds of issues come into playdeferred maintenance, collapsing collateral value, and lost revenue streams, for example. Is a 2D risk rating model still worth it?

Dallas 195

Dallas Survey Data Trends 195

Perficient

AUGUST 3, 2023

Risk Management , Anti-Money Laundering, & Fraud Protection Financial institutions invest heavily in security and risk management, but prevention and recovery progress are delayed by manual reporting and disparate systems.

Industry 83

Industry Risk Management Customer Experience Fraud 83

Abrigo

AUGUST 19, 2024

Takeaway 3 BSA compliance officers should present clear requests to their boards, outlining their needs and providing examples of the penalties that they face if they do not meet the FFIEC standard. Rubin highlighted that the day-to-day management of the BSA department is a responsibility that falls squarely on the compliance officer.

Resources 195

Resources Compliance Management Training 195

Perficient

JANUARY 6, 2021

In this post, we’ll discuss some of Asset Maintenance Management philosophies and how they can positively impact your everyday life. Examples of these types of events would be a broken bone or a sudden loss of consciousness. Examples of these can be going to religious services for spiritual maintenance.

How To 520

How To Strategy Examples Tools 520

Perficient

NOVEMBER 24, 2020

You need to understand how managing the change that comes with a quality inventory control system is key to accomplishing the desired results in a shorter timeframe. The Impact of Change Management on Inventory Control. Change Management is designed to help you reduce the dip. Transportation logistics and Yard Management.

System 332

System Management Examples Operations 332

Perficient

JUNE 22, 2020

And another example of Oracle’s commitment to customer success! Managing User Accounts. Understanding Oracle’s Change Management Process. A huge time-saver for sure. The guide can be found here. Some of the topics in the guide include: Identifying Performance Bottlenecks. Service Monitoring. Client Compatibility.

Data 354

Data Management Operations Examples 354

South State Correspondent

NOVEMBER 20, 2024

Talent acquisition, for example, might be easy for one bank, yet hard for another. It allows employees to not worry about interest rates by eliminating the risk and complexity of trying to manage a balance sheet. To be clear, complexity isn’t bad, it just has more risk and is harder to manage.

Strategy 195

Strategy Resources System Management 195

Perficient

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes. Hsu highlighted that each phase requires different risk management strategies and controls.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

SEPTEMBER 24, 2024

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. Does the case management feature allow for humans to intervene in high-risk cases or flagged alerts?

Software 195

Software Management Compliance Resources 195