article thumbnail

Why Banking Strategy Should be Simple but Difficult

South State Correspondent

In this article, we will touch on innovation, technology and banking strategy to show why banks tends to overemphasize ease, familiarity and convenience instead doing the difficult task upfront that will ultimately keep things simple. Relying on your core system for a strategy, might be easy, but it also might be complex.

Strategy 195
article thumbnail

From Spreadsheet Chaos to Data Strategy Triumph with Perficient

Perficient

Relying on complex spreadsheets for portfolio analysis, the firm faced operational hurdles due to immense computing demands. Recognizing the need for a comprehensive operational overhaul, we proposed a transformative journey from spreadsheet reliance to a robust data strategy initiative. Let us navigate your journey to success.

Strategy 440
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CRA compliance: A data-driven strategy

Abrigo

The following strategies can help institutions align their operations with regulatory expectations. Use these benchmarks to assess performance and to identify trends that may inform future community investment strategies.

article thumbnail

What Does and Gen AI Strategy Look Like for a Community Bank?

South State Correspondent

However, not all have a specific Gen AI strategy, and they should make their journey more efficient. A quality Gen AI strategy aligns an organizations objectives, its use cases, and the delivery mechanism and metrics that measure business value. How Will The Bank’s Gen AI Strategy Support Agentic AI?

article thumbnail

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability. However, for most organizations embarking on this transformational journey, the results remain to be seen.

article thumbnail

5 Key Takeaways From Our “Optimization Strategies To Improve Collections” Webinar

Perficient

In our latest webinar, “Optimization Strategies to Improve Collections,” Scott Albahary, Perficient’s financial services chief strategist, and Byron Gifford, Perficient’s collection transformations lead, shared tangible solutions to the challenges collections and recoveries groups face.

Strategy 492
article thumbnail

How ServiceNow Financial Services Operations (FSO) is Revolutionizing the Financial Industry

Perficient

What is ServiceNow Financial Services Operations (FSO): Financial Services Operations (FSO) is an out-of-box offering by ServiceNow utilizing its existing platform custom-tailored to the use cases for Financial Institutions providing a comprehensive solution for managing operations end-to-end.

article thumbnail

Unique Challenges in the C&I Market Bridging the Gap from Attorneys to Tech

Speaker: Ren Hayhurst, Sr. Counsel and Executive Director

Learn how to bridge the gap between technology and attorneys to enhance operational efficiency. Join us now and unlock actionable strategies to navigate today's C&I lending landscape successfully. Discover the intricacies of serving specialty and niche businesses and adapt to the ever-widening landscape of borrowers.

article thumbnail

Democratizing AI for All: Transforming Your Operating Model to Support AI Adoption

With the emergence of enterprise AI platforms that automate and accelerate the lifecycle of an AI project, businesses can build, deploy, and manage AI applications to transform their products, services, and operations. It may require changing your operation models and finding the right guidance to realize the full breadth of capabilities.

article thumbnail

Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

article thumbnail

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization. Organize ERM strategy, operations, and data. It is the tangents of this data that are vital to a successful change management process.

article thumbnail

The ABC’s of Recruiting for Gen Z

With “Gen Zers” beginning to enter the workforce at entry-level positions, it’s crucial to understand that this generation operates differently from the last. With this caveat in mind, read on to learn how to adapt your recruiting strategy to appeal to this pool of potential employees.