Remove Exercises Remove Marketing Remove Risk Management Remove Technology
article thumbnail

Examining industries: The importance of industry analysis for financial institutions

Abrigo

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Are there many regulatory requirements?

Analysis 195
article thumbnail

Solve This Problem with Your Strategic Horizon

South State Correspondent

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

Marketing and technology (IT) are two budgets that have taken the most significant hit. Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. Technology-forward banks spend as much as 16.4% As such, bank budgets have come under scrutiny.

Capital 195
article thumbnail

Financial Crime: Technology can Transform Compliance

FICO

At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally. I also manage the partner channels and programs for our financial crime compliance solutions. What do you do? How long have you been in the industry? What solutions do you have?

article thumbnail

A Masterclass in Bank Total Experience In One Graphic

South State Correspondent

The bank’s technology seemed to make their people an impediment. The total experience is the product, the user’s journey with the product, the marketing/branding, and the interaction between the users and support staff. The result was lower satisfaction scores than before, the exact opposite of what was trying to be achieved.

article thumbnail

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

FICO

Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.

article thumbnail

Supplier Risks And Confronting Supply Chain Unknowns

PYMNTS

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. “You never know what you don’t know,” as Paul Blake, senior manager of technology product marketing at procurement software firm GEP , put it. As Blake explained, though, the challenge is real.

Analytics 170