Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . Takeaway 1 Models are relied upon to answer financial reporting and decision-making questions, including CECL reporting and budgeting. Model governance overview.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Training 195

Training Survey Resources Software 195

Abrigo

SEPTEMBER 5, 2019

The good news is that financial institutions can take several steps to ensure they avoid troublesome software integrations, says Steven Martin of Marcato Advisors, a bank consulting firm focused on achieving success with fintech. It’s actually the last thing the technology provider wants as well – if the vendor plans to stay in business.

Software 150

Software Resources Training Community 150

Abrigo

JANUARY 30, 2024

Abrigo’s ThinkBIG conferences have been a cornerstone of learning for lenders, risk professionals, and AML/CFT professionals for more than two decades. Abrigo is a leading provider of software and services that help more than 2,400 financial institutions manage risk and drive growth in a rapidly changing world.

Conference 195

Conference Arizona Phoenix Fraud 195

Abrigo

SEPTEMBER 22, 2021

CECL disclosure requirements for 2023 filers and others New disclosures are required under CECL in some cases. Stay updated on all things CECL. New Disclosures Under CECL CECL disclosures play a central role in the new standard, but many financial institutions begin work on them too late in the process. Learn more.

Security 195

Security Examples National Report 195

Abrigo

MARCH 13, 2024

Takeaway 2 Address early warning signs immediately so you don't risk liability that could lead to the financial institution losing the CRE loan's collateral. Protecting portfolio health Recognize ailing CRE loans early Media organizations are reporting scary-sounding data, and the headlines scream about the most recent victims.

Strategy 221

Strategy Course Meeting Taxes 221

Abrigo

AUGUST 21, 2019

Shopping for a bank secrecy act/anti-money laundering (BSA/AML) monitoring software can feel overwhelming. Your system is calibrated to your risk profile at implementation and gives you the tools to adjust as your risk profile changes over time. In BAM+, you find both behavioral and rules-based analytics, along with typologies.

Software 236

Software Analytics Compliance Industry 236

Abrigo

NOVEMBER 13, 2023

 How is it distinguished from the loan review process (credit risk review), and what common pitfalls can impede an effective annual review process?  What is interesting about annual reviews is that there is no standard process or method that all banks follow. Stable loans don’t necessarily require the same amount of work and detail.

Analysis 195

Analysis Lending System Survey 195

Abrigo

OCTOBER 9, 2019

Stress Testing | 6 minute read Key Takeaways Stress testing is a useful tool to help guide CECL decisions. It also provides guidance for the impact of the new accounting standard, Current Expected Credit Losses (CECL), on the portfolio. CECL-Compliant Calculations you don't have to second guess? The top-down approach.

Data 150

Data Exercises Software Tools 150

Abrigo

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

APRIL 7, 2023

Here's what to say when presenting a case for software at your institution. Reduce manual processes Making a case for loan review automation software Building a business case for most software purchases can feel like a daunting task. You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results."

Software 195

Software Lending System Risk Management 195

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. They’ve also focused on managing interest rate risk in a rising rate environment.

Lending 221

Lending Risk Management Community Management 221

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. In other words, the greater the risk, the more covenants matter. Where are loan covenants found?

Risk Management 221

Risk Management Lending Policies Management 221

Abrigo

SEPTEMBER 5, 2023

You might also like these on-demand webinars on tackling common credit risk questions. Takeaway 2 A credit exception should be specific, have a well-defined risk justification, and include details on clearing it. Challenges of exceptions Too many credit exceptions can cloud risk I hate credit exceptions.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

NOVEMBER 7, 2019

CECL | 7 minute read Key Takeaways Balancing the scales: the FASB's cost-benefit an alysis of CECL. Strategies to lessen the impact of CECL on smaller community banks. During the presentation, Schroeder addressed many CECL questions, shedding light on the nuances of the standard. Now that's big. Learn More.

Community Bank 150

Community Bank Community Lending Analysis 150

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.

Risk Management 195

Risk Management Data Technology Fintech 195

Abrigo

JANUARY 25, 2022

You might also like this whitepaper, "Leading a Successful Software Implementation." Takeaway 2 Look for signs that indicate a planned software implementation or other technology change might be at risk of failure or poor return on investment. . The institution has many technology users who will be transitioning to new software.

Management 195

Management Software Survey Fintech 195

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Signs of increased activity ahead. CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

Abrigo

AUGUST 12, 2019

Abrigo is bringing together the nation’s leading conferences on the new current expected credit loss (CECL) standard, MainStreet Technologies’ National CECL Conference, and the leading conference on lending, credit and portfolio risk best practices, Sageworks’ Lending & Risk Summit. Earn CPE credit hours.

Conference 150

Conference Lending National Risk Management 150

Abrigo

AUGUST 9, 2019

The current expected credit loss model, or CECL. The ThinkBIG Conference combines MainStreet Technologies’ National CECL Conference and Sageworks’ Lending & Risk Summit. ThinkBIG features two tracks for attendees: CECL + Portfolio Risk and Lending + Credit Risk. See the entire agenda here.

Management 150

Management Conference Lending Training 150

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

JUNE 8, 2021

Takeaway 1 Civil monetary penalties and reputational risks are reasons why institutions need to employ seasoned sanctions officers. Five things to look for in an OFAC scanning software. Would you like others articles like this in your inbox? learn more. Framework Document. A Framework for OFAC Compliance Commitments. or with U.S.

Compliance 195

Compliance Software Case Study Payments 195

Abrigo

MAY 10, 2021

Providers of loan origination software representing good partners for a financial institution also have specific features. Therefore, commercial loan software will have features such as: A business development component that helps the financial institution identify lending opportunities to better serve customers or members.

System 195

System Lending Analysis Software 195

Abrigo

AUGUST 24, 2023

CS: The dramatic surge in rates over the past 15 months has created several challenges for lenders , including higher deposit costs, losses on their investment portfolios, and reduced loan demand from their borrowers. Abrigo's asset/liability management software helps you make better strategic decisions.

Strategy 195

Strategy Risk Management Lending Management 195

Abrigo

FEBRUARY 23, 2022

Is growing the small business loan portfolio on your bank or credit union’s agenda? In other words, many financial institutions will be prioritizing the same segment of the portfolio this year , therefore vying for some of the same small and medium-sized businesses. . Streamline with Software. If so, you’re not alone.

How To 195

How To Lending Software Survey 195

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. The sophistication of a loan administration system, of course, depends on the size of the institution and staff, as well as the complexity of its portfolio. Effective loan administration protects margins, balance sheets.

System 195

System Lending Software Risk Management 195

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. FinCEN's emphasis underlines financial institutions' need to incorporate fraud within their risk assessment framework. Develop a consumer risk rating process encompassing the possibility of 1 st- party fraud on consumer accounts.

Fraud 195

Fraud Trends Cards Software 195

Abrigo

DECEMBER 17, 2021

Learn top best practices for leading a successful software implementation. Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . Abrigo is more like a partner to us than a vendor or software provider.”? . Lending & Credit Risk.

Fintech 195

Fintech How To Innovation System 195

Abrigo

JUNE 30, 2022

For these reasons, institutions often use third parties or special software tools to calculate betas. Portfolio Risk & CECL. Credit Risk Management. Lending & Credit Risk. Strategies to Grow your Commercial Loan Portfolio. Lending & Credit Risk. Loan Pricing. Learn More. Learn More.

Lending 195

Lending Marketing Analysis Data 195

Abrigo

DECEMBER 1, 2020

Lending & Credit Risk. Portfolio Risk & CECL. Decision Guide: 7 Steps for a Successful Software Implementation. Lending & Credit Risk. Portfolio Risk & CECL. Leading a Successful Software Implementation: Best Practices for Optimizing Change Management. Learn More.

Lending 195

Lending Resources Groups Analysis 195

Abrigo

FEBRUARY 23, 2022

After the success community banks and credit unions had helping businesses in their local communities with lending during the pandemic , financial institutions continue to turn to small business loans as a source of portfolio growth. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. We don't just build great software.

Risk Management 150

Risk Management Management Lending Fraud 150

Abrigo

AUGUST 26, 2019

The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. To learn more about the other lending and credit risk topics during the conference, see the agenda. Credit Risk. Credit Risk. Portfolio Risk & CECL.

Conference 150

Conference Lending Oklahoma Alabama 150

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Lending & Credit Risk. Drive Growth.

Management 195

Management Lending Community Strategy 195

Abrigo

OCTOBER 17, 2019

CECL-compliant calculations you don't have to second guess? With an automated ALLL, the bank has also been able to transition for the current expected credit loss standard, or CECL, well ahead of its 2023 deadline. Credit Risk. Portfolio Risk & CECL. Now that's big. Request a Demo. Learn More.

San Antonio 150

San Antonio Analysis Study Compliance 150