Abrigo

FEBRUARY 6, 2025

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. However, compliance risks often present significant challenges for financial institutions managing complex investment portfolios.

Compliance 195

Compliance Technology Operations Risk Management 195

PYMNTS

SEPTEMBER 27, 2020

But the Financial Times (FT) reported moving from a furnished office space to a living room table can present cybersecurity risks. As more devices connect to the web, it creates more opportunities for these thieves, FT reported. IBM reported the average cost of a single breach for a business is nearly $4 million, according to FT.

Security 323

Security Company Fraud Survey 323

Perficient

FEBRUARY 17, 2021

In this blog, we will explore Boomi’s EDI Management Platform and how you can get started with modernizing your EDI network. Boomi’s B2B/EDI Management Platform capabilities. Trading Partner Reporting Portal : The new Boomi portal provides authorized users essential EDI documentation.

Management 340

Management Customer Experience Technology Innovation 340

Perficient

AUGUST 4, 2024

Improved Security and Compliance With stringent regulatory requirements in the financial sector, security and compliance are paramount. Customer Relationship Management (CRM) Enhancement Financial organizations can enhance their CRM systems by integrating them with Azure Logic Apps, Azure Functions, and Azure Service Bus.

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

MARCH 25, 2025

It’s the new gold, the ticking time bomb of risk, and the bane of every regulatory report that’s ever come back with more red flags than a beach during a shark sighting. ”) Regulatory reporting (because nobody likes surprise visits from auditors) Start small, prove it works, then expand.

Data 221

Data Case Study Compliance Regional 221

Perficient

AUGUST 14, 2020

OneStream’s Financial Task Management (UTM) solution is a web-based platform that provides customers with a central location for managing period closing activities for their entire organization. Task Manager is made up of activities called “Tasks”. To learn more about Task Manager see this page on OneStream’s website: [link].

Management 309

Management Groups Examples Training 309

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Report 348

Report System Regulation Technology 348

Perficient

APRIL 26, 2022

FINRA member participation in TRACE is mandatory and obligates members to submit transaction reports in TRACE-eligible securities to conform with the Rule 6700 Series. The USA allows a member firm to report trades on behalf of another FINRA member to the approved facilities included on page two of the USA.

Report 294

Report Compliance Security Regulation 294

Perficient

FEBRUARY 23, 2021

Initially addressed through the Liquidity Coverage Ratio test, regulators soon recognized that a single, consolidated report was insufficient to understand a firm’s potential drivers of liquidity depletion. financing of securities positions, prime brokerage activities). banking institutions.

Report 309

Report Risk Management Data System 309

Perficient

JUNE 1, 2022

So far in our 6-part blog series explaining the intricacies of TRACE, we have defined TRACE reporting, detailed the prep work to be done in order to effectively report TRACE transactions , and reviewed considerations for alternative trading systems. by programming systems to delay reporting until the end of the reporting period.

Report 294

Report Security Regulation System 294

Perficient

MARCH 1, 2021

Managing an analytics ecosystem for an organization is a mission critical responsibility. While a Cloud approach tremendously reduces the maintenance overhead, there are still several areas that a managed service provider can help you with.

Analytics 322

Analytics Management System Data 322

Perficient

JUNE 26, 2020

DevOps teams routinely deal with the most sensitive needs of an organization: security, governance, and compliance. Security: The integration of security controls into automated pipelines continues to be stronger in mature practices, although evolving DevOps practices continue to integrate security controls. The Findings.

Survey 506

Survey Community Compliance Security 506

PYMNTS

DECEMBER 28, 2020

But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. Guy Hirsch , managing director for the U.S. at online trading platform eToro , said in the report there are "storm clouds" on the horizon for the form of currency. billion unregistered securities offering.

Regulation 250

Regulation Report Bitcoin cryptocurrency 250

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person? Use Antivirus Software.

Data 535

Data Security Software Community 535

PYMNTS

JULY 31, 2020

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019.

Bitcoin 262

Bitcoin Management Minnesota Security 262

Perficient

DECEMBER 19, 2023

In the dynamic realm of investment management, maintaining a competitive edge is paramount. Our client, a dynamic, independent investment management and strategic advisory firm, recognized the rising significance of Environmental, Social, and Governance (ESG) metrics in shaping investment decisions and reporting.

Report 221

Report Analysis Data Meeting 221

PYMNTS

JULY 27, 2020

The FinTech on Saturday (July 25) confirmed the data breach after reports emerged that details involving as many as 7.5 Overall, the data breach highlights the security issues posed when third-party aggregators have control over users’ sensitive data.

Data 246

Data Fintech Report Security 246

Abrigo

MARCH 18, 2025

Payment system types, trends, and fraud risks Understanding how payment systems function, the different types in use, and the associated risks is critical for financial institutions to be able to balance innovation with security. Payment systems are at the heart of modern banking, enabling secure and efficient money transfers.

System 195

System Payments Fraud Regulation 195

PYMNTS

SEPTEMBER 24, 2020

The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details. To read more about these and the rest of the latest headlines, download the Report. Find the full story in the Report. Read the Deep Dive in the Report.

Report 269

Report Payments Tools Video 269

PYMNTS

JULY 9, 2020

Relying on static usernames and passwords to authenticate customers is no longer sufficient, and many FIs are therefore examining how tools like biometrics can offer greater security. A recent report highlighted this problem and advised FIs to adopt harder-to-trick methods like biometric authentication. Get the scoop in the Playbook.

Fraud 261

Fraud Report Tools Security 261

Abrigo

OCTOBER 21, 2024

In this guest column, Jason Alpert, Managing Partner of Castlebar Holdings , explains how financial institutions should respond. However, given recent industry and employment trends as well as limited resources, the workout/restructure of the problem loan could be managed by the same individual or group that originated the loan.

Strategy 195

Strategy Management Taxes Meeting 195

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. The Security Threats Facing ITMs And How FIs Can Protect Them. Deep Dive: Keeping Digital-First Banking Secure With AI, Biometrics.

Analytics 266

Analytics Fraud ATM Report 266

Perficient

OCTOBER 15, 2024

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. million on average, according to a 2022 IBM report. That’s not the kind of volume you want slipping through the cracks.

Tools 221

Tools Data Compliance Regulation 221

Perficient

APRIL 3, 2024

Perficient insurance experts were interviewed for Forrester’s report, “ The Top Emerging Technologies In Insurance, 2024 ,” and discussed technologies expected to emerge in the insurance industry over the next five years, considering them now, and in the short-term, medium-term, and long-term future.

Technology 221

Technology Report social media Industry 221

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

Compliance 243

Compliance Data Report Meeting 243

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. Only 2% reported a significant deterioration in some CRE segments.

Lending 221

Lending Trends Risk Management Management 221

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Apple said that, regardless of the merit of those claims, the lawsuits can prove expensive, costing time and disrupting day-to-day management.

Apple 235

Apple Company Report Regulation 235

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

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. SonarQube Security Scan Result.

Compliance 332

Compliance Security Software System 332

Perficient

JUNE 22, 2020

Whether it’s performance enhancements, security settings, compatibility questions, etc. Managing User Accounts. Diagnosing Financial Reporting Reports Errors and Performance Issues. Understanding Oracle’s Change Management Process. – the guide contains instructions for addressing these challenges.

Data 354

Data Management Operations Examples 354

South State Correspondent

MARCH 13, 2023

Equally important is the bank’s securities duration, as shown in the graph below. Approximately 56% of the bank’s securities had repricing greater than 15 years. SVB’s securities portfolio is high credit quality (Treasuries and quality MBS) but long duration. at the end of 2022, with $2.4B

Risk Management 221

Risk Management Management Community Bank Community 221

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Online 272

Online Report Customer Experience Analytics 272

Perficient

OCTOBER 24, 2024

OCC In December 2023, the Office of the Comptroller of the Currency (OCC) classified AI as an emerging risk to the banking industry in an industry report they produced. The supervision risk management principles, outlined in the OCC issuances, provide a solid framework for banks implementing AI to operate safely, soundly, and fairly.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

AUGUST 11, 2020

Merchants and other online services must be sure these processes are also secure, however, especially as fraud attempts have continued to climb. Many of these digital shoppers are now also weighing the security of this experience as top priority when they go to shop at new online retailers, according to one recent study.

Report 247

Report Guam Hawaii Security 247

PYMNTS

JUNE 21, 2020

The new process also does away with manual paperwork and uses more efficient cash flow management to create a “seamless” process, according to the press release. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

Payments 359

Payments System Security Management 359

Abrigo

FEBRUARY 28, 2025

This is a nearly 10% increase in complaints received and a 22% increase in losses and thats just fraud that was offically reported. The Global Anti-Scam Alliance reports that s cammers siphoned away over $1.03 The technology used to perpetrate financial crimes may be changing, but these common fraud typologies aren't going anywhere.

Fraud 221

Fraud social media Training Community 221