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2016 Risk Management Summit agenda addresses CECL concerns

Abrigo

In early June, Sageworks hosted a Current Expected Credit Loss (CECL) Workshop Series webinar and asked the attendees “Given what we know about CECL, what area do you feel will see the largest impact?” For more information or to register, visit the Risk Management Summit webpage.

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Avoiding Client Remediation With RCSA (Part 3 of 3)

Perficient

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.

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Workshop: Machine Learning Models for Interest Rates by Alexander Sokol

Bobsguide

In this workshop, CompatibL’s Executive Chairman and Head of Quant Research, Alexander Sokol, will present a detailed overview of his award-winning models and their real-life applications and provide hands-on examples of how to create a machine learning model for interest rates in Python. Autoencoder short rate model in the Q- and P-measures.

Training 146
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How your bank or credit union should get ready for CECL

Abrigo

“Understanding and documenting what is driving your institution’s credit risk today will be important when forecasting expected credit losses under CECL, not to mention that these actions minimize risk in the loans you’re underwriting today,” said Sageworks Executive Risk Management Consultant Tim McPeak.

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ALLL at many banks, CUs reliant on 1-2 people - poll

Abrigo

Two-thirds of bankers in a recent poll said their allowance for loan and lease losses (ALLL) is primarily calculated by only one or two people in the institution, according to Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions.

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Capitalizing on Open Banking as a catalyst for digital transformation

Insights on Business

The IBM Open Banking Platform provides a risk-managed path to digital transformation, so you can achieve fast time to market and stay ahead of regulatory requirements. To sign up for a demo or IBM Design Workshop, email us at. The future of banking isn’t just about modernization or churning out apps.

Capital 157
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What is elder financial exploitation? FinCEN guidance for financial institutions

Abrigo

The statement provided examples of risk management and other practices that may be effective in combatting this often-underreported crime. Community engagement: Work with local law enforcement, adult protective services, and community organizations to educate seniors and their families about the risks of elder fraud.

Fraud 195