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

As Abrigo Advisory Services Manager Jared Mills pointed out, "The regulatory expectation is that if we’re going to have that much reliance on Q factors. This means institutions must ensure that every Q factor adjustment is backed by data, whether it’s through a scorecard or a more informal approach.

Risk Management 195

Risk Management Management Compliance Data 195

Abrigo

MARCH 21, 2023

If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. A core deposit analysis can arm decision-makers with confidence moving forward, knowing they have detailed information and data backing their next moves.

Risk Management 195

Risk Management Management Strategy Lending 195

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. This involves the use of AI to inform credit decisions to enhance or supplement existing techniques. Risk Management. Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Risk Management eBook Strategy 221

Perficient

AUGUST 4, 2024

Implementing API Management provides full lifecycle support for your API’s, API discovery, and a developer portal to streamline both development and operational needs. Enhanced Risk Management Risk management is a critical aspect of financial services.

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 275

Risk Management Tools United States Exercises 275

Perficient

FEBRUARY 23, 2021

The data collected by the FR 2052a provide detailed information on the liquidity risks within different business lines (e.g., The board uses analyses of systemic and idiosyncratic liquidity risk issues to inform its supervisory processes, including the preparation of analytical reports that detail funding vulnerabilities.

Report 309

Report Risk Management Data System 309

PYMNTS

NOVEMBER 2, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. Clients will also be able to use the data for an enterprise use case, the release stated.

Data 212

Data Risk Management Management Analytics 212

PYMNTS

AUGUST 9, 2020

Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders.

Google 362

Google America Risk Management Regional 362

Abrigo

SEPTEMBER 23, 2024

Lenders often rely on a small sample or on information collected informally or through surveys. Make informed decisions faster. But it’s often difficult to find factual, comprehensive industry-wide data about interest rates on the new loans being made at banks and credit unions.

Lending 221

Lending Trends Risk Management Data 221

Abrigo

DECEMBER 22, 2023

In this article, lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Read the blog for information that can help lenders avoid risk before the project begins by planning ahead at the closing table. Community lending software can help get you there.

Lending 221

Lending Risk Management Community Management 221

Perficient

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement. Information security is complex, never ending, and daunting.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

PYMNTS

JANUARY 18, 2021

Integrating digital transactions across different payment channels can result in silos of information if these transactions are deployed on back-office systems that are outdated or rely on manual processes, and these issues can become worse as time passes.

Analytics 319

Analytics Data Risk Management Management 319

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. Which credit areas need routine "maintenance"?

Risk Management 221

Risk Management Regulation Management Lending 221

Perficient

MAY 28, 2020

For this data to prove value, Utilitiy’s customers need analytics, dashboards, and reporting to consolidate information and highlight important analytics. Smart meters, the smart grid, and Internet of Things (IoT) devices all generate lots of data. Steering Innovation and Agile Process with Oracle ERP & EPM Applications.

Analytics 340

Analytics Customer Experience Risk Management Mobile 340

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. Traditionally, trading was manual.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

AUGUST 2, 2023

Results of recent reports are a reminder that all bank and credit union executives need to be prepared with key information and insights about CRE credit to effectively address many of the same questions from their own stakeholders and examiners. CECL review The results of stress testing and loan reviews often inform the CECL review process.

Report 195

Report Risk Management Lending Analysis 195

Abrigo

MAY 14, 2021

How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. Takeaway 1 Enterprise Risk Management is a priority for financial institution leaders but still maturing. The Importance of Effective Risk Management.

Management 195

Management Risk Management Lending System 195

Abrigo

DECEMBER 20, 2024

Managing the profitability of loans and deposits in a volatile interest rate environment will be a key focus for banks and credit unions, he said. Focusing on the economy, credit risk, and allowances Another rate-related issue that managers of credit portfolio risk management will face is economic uncertainty.

Management 195

Management Risk Management Trends Lending 195

Abrigo

FEBRUARY 6, 2024

keep me informed watch Take it slow A measured MBL approach is best A ccording to NCUA gu idance , t he amount and expertise of resources avai lable for business lending should drive the complexity and options available for each portfolio. Get ready for the next credit cycle with credit department housekeeping tips from this webinar.

Lending 221

Lending How To Risk Management Policies 221

Perficient

NOVEMBER 8, 2024

Implementation of Risk-Management Practices and Termination of Noncompliant AI AI policy and review process. All safety- or rights-impacting AI use cases undergo a comprehensive risk impact assessment including validation of all risk-management practices defined in OMB M-24-10 section 5(iv). Waiver process.

Regulation 221

Regulation Risk Management Policies Compliance 221

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. First, they must evaluate whether their institution is prepared to insert AML risk management procedures into the transaction process to match the speed FedNow can offer.

Fraud 221

Fraud Risk Management Training Software 221

Abrigo

NOVEMBER 13, 2024

Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Despite borrowing more and tapping credit lines, they're managing leverage and meeting debt obligations, according to Abrigo's proprietary data. Businesses' working capital cycles are longer. A recent U.S.

Lending 221

Lending Meeting Data Risk Management 221

PYMNTS

NOVEMBER 3, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. Clients will also be able to use the data for an enterprise use case, the release stated.

Data 220

Data Payments Risk Management Software 220

Perficient

NOVEMBER 4, 2024

The report recommended that the agency develop a sector-specific AI Risk Management Framework. Model risk management Banks should review the FDIC’s Supervisory Guidance on Model Risk Management, which outlines the agency’s approach to quantitative models, including those using AI.

FDIC 170

FDIC Regulation Risk Management Compliance 170

Abrigo

DECEMBER 29, 2023

Abrigo also has a 1071 compliance resources page with links to the latest information from the CFPB and other helpful materials. You can unsubscribe at any time, and you’ll hear about resources, webinars, new blog posts, and other information right away. Prepare for the next credit cycle.

Resources 221

Resources Lending Risk Management Policies 221

PYMNTS

JUNE 29, 2020

Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed. WSJ reported on one instance in which an EY senior manager left a note for a Wirecard executive saying EY was preparing to ask questions about a trustee account.

Fraud 327

Fraud Risk Management Report Management 327

Perficient

JUNE 25, 2024

Market making eventually transitioned to phone-based systems, with computers providing real-time information, valuations and forecasts for traders. In time, computers took on a more active role, not only providing information but also assisting and guiding traders’ actions, supporting faster execution and more complex strategies.

Case Study 221

Case Study Risk Management Analysis Innovation 221

Perficient

MARCH 23, 2021

With the need to consolidate entities on a line-by-line basis and to report such a large amount of information, whether on a daily or monthly basis, regulatory reporting staff must rely on automated tools to assist them. 2052A Regulatory Calculations are available from Oracle FS Liquidity Risk Management.

Report 294

Report Tools Risk Management Data 294

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

Analysis 195

Analysis Industry Risk Management Lending 195

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

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

Abrigo

SEPTEMBER 17, 2024

Manage the impact of interest rate cuts at your institution These five tips from Abrigo expert Dave Koch will help banks and credit unions prepare for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance." Make informed decisions faster.

Strategy 221

Strategy Risk Management Lending Management 221

Perficient

OCTOBER 30, 2024

In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC.

Regulation 221

Regulation FDIC Compliance Innovation 221

Abrigo

MARCH 3, 2021

For more information on the basics of credit analysis, check out this webinar: WATCH NOW. Takeaway 1 Understanding credit risk and assigning risk to loans is the foundation of credit analysis. . For new credit analysts, it may be confusing discerning loan grading from underwriting and risk scoring. “You keep me informed.

Analysis 195

Analysis Risk Management Lending Training 195