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CRE risk management: Navigating hazards and opportunities

Abrigo

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

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How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

Solutions like telemedicine, secure patient data management platforms, and prediction software incorporating big data and IoT are becoming increasingly integral to the success of healthcare companies, and the pandemic is accelerating their development. Cultural Alignment and Collaborative Communication.

Software 294
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Effective model risk management and model validation in banking

Abrigo

What are model risk management and model validation? Model risk management (MRM) is a framework of systemic oversight of the models a financial institution or organization relies on for financial reporting, decision-making, and other critical purposes. Model governance overview. Federal guidance. Validation teams.

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A new era of technology enabled financial risk management (Part 1)

Insights on Business

Risk brings rewards. Risk management professionals are comfortable with ideas about growth curves and early versus late investment. Risk management demands a lot of data from many different sources, and traditional database management systems are too slow for the granular analytics needed today.

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How to Evaluate Business Lending Software for Your Bank

This eBook explains the features of a Business Lending Platform that community banks should make their top priorities when evaluating any business lending software.

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Cyber Complications for Vendor Risk Management

Abrigo

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . We don't just build great software. learn more.

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Crafting an effective CECL Q factor framework for stronger risk management

Abrigo

For example, local economic conditions might weigh more heavily for a regional bank, while a national institution might focus on broader market trends. Institutions should periodically review how their Q factors are performing, making adjustments as necessary to align with changes in market conditions or portfolio risk.