Insights on Business

JUNE 18, 2019

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.

Risk Management 185

Risk Management Technology Management Big Data 185

Abrigo

OCTOBER 11, 2014

More than 140 bankers and industry experts from over 30 states gathered in Nashville, Tennessee last month for the 3rd annual Risk Management Summit hosted by Sageworks. One banker noted, “It was a perfect opportunity to meet with similar banks and discuss a wide variety of questions and concerns.”

Risk Management 191

Risk Management Management Nashville Leadership 191

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

Abrigo

MARCH 21, 2025

In recent years, financial institutions have faced increasing regulations regarding their efforts to serve the needs of diverse communities. Institutions that fail to meet CRA performance expectations risk regulatory scrutiny, reputation damage, and barriers to growth, particularly for mergers and acquisitions.

Compliance 195

Compliance Strategy Data Lending 195

Perficient

FEBRUARY 27, 2025

Recommended Approach: Navigating constant changes in risk and regulatory environments is crucial for banks in 2025. By ensuring compliance with regulations, banks mitigate risks and maintain trust with customers and regulatory authorities. Ensure these APIs are secure, reliable, and easy to use.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Abrigo

OCTOBER 21, 2019

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. . Portfolio Risk & CECL. Learn More. Learn More.

Risk Management 150

Risk Management Management Lending Fraud 150

Perficient

FEBRUARY 12, 2025

The industry faces numerous challenges, including protecting sensitive data, navigating evolving regulations, and outdated legacy systems. To harness AIs potential effectively, its essential to develop a strategy that considers payment regulations to ensure consumer protection , data privacy , and ethical use of AI.

Trends 221

Trends Payments Compliance blockchain 221

Perficient

MARCH 17, 2025

AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management. Investing in advanced technologies will help identify potential risks and ensure compliance with evolving regulations.

Trends 221

Trends Analytics Compliance Strategy 221

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. The spotlight from federal and state regulators continues to shine on the use of third parties, and the pressure for those vendors to meet regulatory guidelines has greatly increased.

Risk Management 150

Risk Management Management Security Lending 150

Abrigo

MAY 19, 2023

Does your loan review system meet regulatory expectations? Read more for specific objectives every loan review system should meet. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

System 195

System Regulation How To Lending 195

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. Ashbaugh’s presentation begins with a quick summary of why regulators care about HVCRE. How did we get here? What are HVCRE loans?

Risk Management 150

Risk Management Management Capital Lending 150

Perficient

MARCH 25, 2025

Their focus on: Aligning data management with regulatory requirements Ensuring accurate financial reporting Improving decision-making processes resulted in better risk management, increased regulatory compliance, and enhanced customer trust through secure and reliable financial services. Now go forth and govern.

Data 221

Data Case Study Compliance Regional 221

Insights on Business

JANUARY 3, 2019

Cybersecurity risk is at or near the top of every list of concerns for these institutions. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. Three pillars of cyber risk management on the cloud. Implementing an effective, end-to-end cyber risk framework.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Abrigo

OCTOBER 23, 2014

Community banks certainly want to remain conservative with risks and follow regulations. Despite the resurgence of commercial lending, CEIS stresses that it doesn’t mean “lenders should start accepting loan applications that don’t meet standards just to boost market growth.”

Risk Management 186

Risk Management Management Lending Resources 186

PYMNTS

JUNE 1, 2020

We have made — and continue to make — transformative changes to our risk management structure and practices, including important work to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company,” he said, according to the press release.

Risk Management 130

Risk Management Management Strategy Operations 130

Abrigo

JANUARY 24, 2025

Trepp estimates that more than $100 billion in securitized debt that was initially to mature in 2023 has not been paid back, with many borrowers unable to meet higher debt service requirements. Pricing strategies are also important for lenders to balance new loan opportunities and CRE risk management.

Lending 221

Lending Trends Risk Management Management 221

PYMNTS

DECEMBER 9, 2020

And new regulations are taking root or are on the horizon to help protect consumers, their data and how that data might be used. That translated, and still translates, into new ways of thinking about information security, and breaking down silos between departments and various risk management efforts. Looking At Trust .

Regulation 234

Regulation Security Data Course 234

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. Regulation CC Establishes rules for check clearing and funds availability.

System 195

System Payments Fraud Regulation 195

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

FEBRUARY 23, 2021

The financial crisis of 2008 and 2009 highlighted the need for timely data to identify and monitor liquidity risks at individual firms, as well as in aggregate across the financial system, especially with respect to intra-company flows and exposures within a consolidated institution. banking institutions.

Report 309

Report Risk Management Data System 309

Insights on Business

MARCH 19, 2018

Up to 200 regulatory changes occur every day, varying from large scale regulation like Dodd Frank, to minute changes to the font and size of footnotes in regulation text. First it can quickly identify changes, small and large, in regulations that permit natural language and advanced indexing and searching.

Compliance 135

Compliance Meeting Regulation Comparison 135

Abrigo

SEPTEMBER 20, 2023

Regulators take risk seriously, and knowing just how much risk your institution can take while remaining compliant is essential. Significant risk doesn't always mean a big reward for financial institutions. FinCEN said this was done with little to no risk management program.

Compliance 150

Compliance Regulation Miami Fraud 150

Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

Risk Management 110

Risk Management Management Report Compliance 110

Abrigo

FEBRUARY 6, 2024

A measured approach allows management to incrementally assemble the resources and expertise to implement a comprehensive program without subjecting the credit union to unnecessary risks. Credit unions must craft a formal strategy, establish robust policies, and engage in ongoing reviews to identify and mitigate potential risks.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

DECEMBER 22, 2023

keep me informed download How to create a sound credit risk rating system Banks and credit unions often use a standardized risk rating system for internal monitoring of credit risk. Regulators stress the importance of accurate and timely risk ratings, especially during economic uncertainty.

Lending 221

Lending Risk Management Community Management 221

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence Perficient’s Risk and Regulatory Center of Excellence (CoE) remains at the forefront of evolving financial rules and regulations, ensuring readiness to tackle emerging challenges and safeguard financial institutions and its customers.

Compliance 221

Compliance New York Regulation Analysis 221

Jack Henry

JUNE 1, 2020

Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations.

Compliance 149

Compliance Risk Management Strategy Policies 149

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

Insights on Business

JUNE 27, 2018

Regulators are no longer willing to accept ALM and LR metrics once a month. Banks know they must be ready to provide regulators with a quick response to regulatory stress tests. They have a critical need for technology that can provide insight into risks embedded in their banking books.

Big Data 151

Big Data Data Risk Management Analytics 151

Perficient

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. What is XLoD Global?

Compliance 221

Compliance Industry New York social media 221

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. But what makes an exceptional BSA Officer?

Training 221

Training Compliance Regulation Software 221

Abrigo

APRIL 12, 2021

An LOS meets 4 challenges of banks, CUs. Regulatory demands Demands related to the allowance for loan and lease losses (ALLL) or the current expected credit loss (CECL), as well as for Dodd-Frank stress testing and other regulatory regimes are requiring lenders to justify and document their risks and decisions in detail. Risk Ratings.

System 338

System Lending Software Analysis 338

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 223

Guidelines Payments Lending Capital 223

Abrigo

NOVEMBER 10, 2014

As a result, banks are having to spend more time and resources on complying with regulations instead of profitable activities such as booking new loans. According to the data, the average financial institution spent an additional $45,264 in Q3 to manage regulatory changes. have risk management programs, leaving CROs in high demand.

Risk Management 170

Risk Management Community Bank Compliance Community 170

Abrigo

APRIL 19, 2016

In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform. Specifically, he said this means: • The bank understands the product and the risks it carries. • Collaborate with other regulators.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

MARCH 10, 2025

At least, thats the view among a panel of CECL and portfolio risk accounting experts who spoke during Abrigos recent CECL & Portfolio Risk User Group meeting. Regulators and auditors will look for signs of genuine oversight and vetting of model inputs, not just a formality.

Analysis 195

Analysis Data Management Examples 195

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. in Kent, Ohio.

Compliance 101

Compliance Regulation Community Bank Community 101