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

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

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.

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Risk Management Management Strategy Operations 130

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.

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Risk Management Management Regulation Guidelines 128

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

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

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.

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Compliance New York Regulation Analysis 221

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.

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New York Compliance Regulation Analysis 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.

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Lending Risk Management Community Management 221

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.”

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Risk Management Management Nashville Leadership 191

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

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?

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Training Compliance Regulation Software 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 .

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Regulation Security Data Course 234

South State Correspondent

MAY 7, 2024

On April 26, 2024, Republic First Bank (DBA Republic Bank) was seized by state regulators and the long running bank drama came to an end. Instead, our industry must insist that bank risk managers be held to a higher standard that includes using modern, simple, and inexpensive risk mitigation models and techniques.

Risk Management 195

Risk Management Security Management Groups 195

Insights on Business

JULY 30, 2019

Today we discuss how advanced analytics and aggregation software can address limitations in computational power and granularity required to meet evolving regulatory demands.The other three emerging technologies are cloud, big data and of course, AI. Also see our related blog post, A new era of technology enabled financial risk management.

Risk Management 70

Risk Management Analytics Technology Management 70

Abrigo

DECEMBER 14, 2023

Practical tips for conducting effective strategic planning meetings Financial institutions' strategic plans should be cohesive, focused, and have buy-in from stakeholders. Start with a survey and pre-planning meetings. Have your board meetings and strategic planning sessions become predictable? Explore Abrigo Connect.

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Lending Risk Management Meeting Survey 221

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.

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Compliance Meeting Regulation Comparison 135

ABA Community Banking

MARCH 20, 2019

49 percent of the global companies interviewed had been victims of fraud or economic crime Compliance Risk Management Tech Management Security Feature3 Fintech Technology Online Compliance Management Compliance/Regulatory Cyberfraud/ID Theft AML & Fraud Feature BSA/AML.

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Meeting Regulation Risk Management Compliance 72

Abrigo

MAY 19, 2023

Takeaway 2 There are many qualifications that a loan reviewer should have in order to meet the frequency, scope, and depth of their work. So, what kind of qualifications should a loan reviewer have in order to meet the frequency, scope, and depth of reviews?

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Training Lending Risk Management Guidelines 195

ABA Community Banking

SEPTEMBER 11, 2015

As models proliferate in all banks, regulators demand detailed process to police them ALCO Management Duties Risk Management Operational Risk ALCO Beat.

Risk Management 40

Risk Management Management Meeting Regulation 40

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.

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Compliance Risk Management Strategy Policies 149

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.”

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Risk Management Management Lending Resources 186

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? Learn more. Keep me informed.

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Resources Risk Management Study Strategy 195

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.

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Report Risk Management Data System 309

ABA Community Banking

SEPTEMBER 13, 2017

Acting Comptroller Noreika talks fintech at Finovate Fall Technology Risk Management Compliance/Regulatory Fintech Feature Feature3.

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Meeting Regulation Innovation Risk Management 40

Perficient

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

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social media Risk Management Analysis Industry 170

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

APRIL 12, 2023

DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements. Introduction Regulatory expectations for credit review systems Financial institutions work hard to make sure their credit review systems have been perfected to meet regulatory expectations. well, I have others.”

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System Lending Risk Management Management 195

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

Bobsguide

MARCH 17, 2022

Profile Software , an international financial solutions provider, announced today the enrichment of RiskAvert with new capabilities like the introduction of the NPE Prudential Backstop and the Interest Rate Risk in the Banking Book (IRRBB) modules.

Risk Management 78

Risk Management Regulation Meeting Compliance 78

Independent Banker

JANUARY 31, 2022

A recent report by Cornerstone Advisors found that bankers are either strongly interested in or already working with fintechs in three main areas: digital account opening (71%), mobile wallets (41%) and fraud/risk management (47%). Fraud and risk management. Digital account opening. Think about it this way,” Potts says.

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Community Bank Community Fintech Risk Management 159

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? Keep me informed.

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Resources Training Fraud Compliance 195

Abrigo

JUNE 7, 2021

The three main risks in ALM are: Credit risk Liquidity risk Interest rate risk To put it simply, Koch says, bankers can think of each of the above risks in these terms, respectively: What will happen if we don’t get paid like we expected? Liquidity risk management and ALM. Dynamic ALM Helps.

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Management Risk Management Capital Regulation 195

Abrigo

MAY 9, 2022

A recent and notable consent order shows the dangers of turning to an unqualified or inept third-party institution to perform some or all BSA/AML duties to meet regulations. Be sure to share these results and any findings with management. BSA Rules and Regulation. BSA Rules and Regulation. Watch Webinar.

Compliance 195

Compliance Fraud Regulation Resources 195

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 78

Compliance Risk Management Strategy Policies 78

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Compliance Risk – The banking industry is highly regulated.

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Risk Management Management Operations Meeting 40

Abrigo

SEPTEMBER 21, 2021

For example, if a loan reviewer is considering downgrading a large loan that is likely to cause some upheaval within the financial institution, the loan reviewer would not wait until the exit meeting and spring the news on the senior lender or chief executive officer. Credit Risk Management. Credit Risk Regulation.

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Video Analysis Risk Management Training 195