Perficient

FEBRUARY 24, 2025

Driven by factors ranging from generational wealth transfer to technological advancements, Perficients Principal in Wealth and Asset Management, Gerardo Montemayor , provides valuable insights into the wealth management trends set to transform the industry in 2025.

Trends 221

Trends Management Strategy Analytics 221

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? It establishes three elements that comprise an appropriate model risk management framework: 1.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." keep me informed. Know your limits.

Risk Management 195

Risk Management Management Policies Lending 195

Accenture: Banking

JUNE 22, 2022

The post How to manage risk for a successful implementation appeared first on Accenture Banking Blog. The technology behind lending systems has advanced significantly in recent years, and commercial banks are keen to take advantage of those advances and improve their processes to unlock the value that modern systems can provide.

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How To Management Lending System 465

South State Correspondent

MARCH 13, 2023

Based on the bank’s own filing, and like many banks, SVB did not deploy hedging instruments to manage its securities duration risk. The SVB Takeaway For Community Banks Community banks should continue to monitor their deposit base, liability sensitivities, and duration risks.

Risk Management 221

Risk Management Management Community Bank Community 221

Abrigo

NOVEMBER 22, 2024

This article covers these key topics: Benefits of FRAML for risk management Potential drawbacks of the FRAML approach Factors to consider in decision-making What is FRAML? At its core, FRAML is about taking a more holistic approach to financial crime risk management. Staying on top of fraud is a full-time job.

Fraud 195

Fraud Training Risk Management Compliance 195

Abrigo

OCTOBER 9, 2024

Today, Q factors offer a way to adjust for risks that aren't fully captured in historical data or quantitative models. 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.

Risk Management 195

Risk Management Management Compliance Data 195

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Stay up to date with Abrigo advisors' ideas for managing interest rate risk.

Risk Management 195

Risk Management Management Strategy Lending 195

Payments Dive

JUNE 8, 2023

The guidance is aimed at helping banks address the operational, compliance and strategic risks of third-party tie-ups, such as those with fintech firms.

Risk Management 243

Risk Management FDIC Management Compliance 243

Abrigo

NOVEMBER 18, 2024

Key topics covered in this post: Regulatory focus Key questons for ALCOs Governance and concentration risks Expect the unexpected Regulators 'could not be more clear' Today’s regulatory climate is turning up the heat on financial institutions when it comes to liquidity and interest rate risk management.

Risk Management 195

Risk Management Regulation Policies Management 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

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. Relevant memos also consider managements actual ability to run the business. Book loans faster while managing risk.

Analysis 195

Analysis Risk Management Management Data 195

South State Correspondent

MARCH 24, 2025

In this challenging environment, bankers have an unparalleled opportunity to step forward as trusted advisors, providing valuable guidance, innovative financial structures, and prudent risk management to support both their bank and commercial customers. Appointing someone in Credit might be a workable idea.

Risk Management 195

Risk Management Resources Management Marketing 195

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

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.

Regulation 221

Regulation Risk Management Compliance Fraud 221

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. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

Compliance 195

Compliance Technology Operations Risk Management 195

Perficient

MARCH 17, 2025

Our experts have identified the most impactful trends across banking , wealth and asset management , and payments. AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management.

Trends 221

Trends Analytics Compliance Strategy 221

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

Perficient

APRIL 8, 2024

To bolster its capabilities and ensure compliance, the bank sought assistance from Perficient in delivering exceptional project and program management services to tackle their significant hurdles. Supporting the change management team in building a robust governance structure for program PMO activities.

Compliance 221

Compliance Management Guidelines Risk Management 221

Perficient

FEBRUARY 27, 2025

Investing in advanced technologies like AI and machine learning can help identify potential risks and streamline compliance efforts. By adopting these strategies, banks can better manage the dynamic risk and regulatory environment , ensuring compliance while maintaining competitiveness and customer trust.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

NOVEMBER 13, 2024

Despite borrowing more and tapping credit lines, they're managing leverage and meeting debt obligations, according to Abrigo's proprietary data. As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. Nearly all U.S.

Lending 221

Lending Meeting Data Risk Management 221

South State Correspondent

MAY 22, 2019

MANAGING CREDIT RISK Most risk managers are intimately familiar with the expected loss for credit and interest rate risk. However, fewer risk managers are familiar with the concept of unexpected loss.

Lending 321

Lending Risk Management Management 321

Abrigo

FEBRUARY 12, 2025

M anaging, not avoiding, small business lending A common reason banks hesitate to expand small business lending is the fear of risk. While its true that nearly half of small businesses fail within five years, risk avoidance isnt the solution. Kirby pointed out that fintech lenders frequently use these models to approve loans quickly.

Lending 195

Lending Risk Management Community Fintech 195

Perficient

AUGUST 4, 2024

For example, a bank can integrate its transaction processing system with Azure Machine Learning to instantly identify and flag suspicious activities, reducing fraud risk. Seamless Payment Processing Financial organizations can offer seamless and secure payment processing services by integrating payment gateways with Azure API Management.

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance.

Management 221

Management Risk Management Regulation Compliance 221

Perficient

SEPTEMBER 15, 2021

Standards the Federal Reserve Must Apply: (i) Risk-based Capital Requirements and Leverage Limits. (ii) iii) Overall Risk Management Requirements including the Formation of a Risk Committee. (iv) ii) Liquidity Requirements. iv) Resolution Plan and Credit Exposure Report Requirements. (v) v) Concentration Limits. (vi)

Capital 90

Capital Risk Management Regulation Management 90

Gonzobanker

OCTOBER 31, 2024

Vendor management is risky business. The FDIC issued a consent order against Discover Bank last year for lacking oversight into third-party risk management and a compliance vendor management program. Does a relationship manager check in regularly with the institution—and not a month or two before renewal?

Risk Management 154

Risk Management Management FDIC Software 154

Abrigo

MAY 27, 2022

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. 5 Traits of the Ideal Credit Manager. Below are five traits integral to being a successful credit manager. Credit Risk Management. Lending & Credit Risk.

Management 195

Management Risk Management Analysis Lending 195

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

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." Signs of increased activity ahead. Watch webinar.

Management 195

Management Risk Management Policies Lending 195

Abrigo

APRIL 11, 2025

This isnt a minor inconvenience; its a safety and soundness issue that warrants immediate board attention and a directive to management to fix it. It also demonstrated that loan review could be more than an oversight functionwe became active contributors to risk management. The results? appeared first on Abrigo.

Tools 195

Tools Lending Data Risk Management 195

Abrigo

APRIL 11, 2025

Osgood Bank Credit Supervisor Erin Groff described working with Sara Poffenbarger, Abrigos Manager of Implementation Consulting: She has been knowledgeable and patient, offered several suggestions to make our experience better, and has shared with us many best practices. Choosing a partner who understands that can make all the difference.

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Technology Software Training Risk Management 195