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

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

Abrigo

FEBRUARY 6, 2024

Cash flow analysis: Draft policies focused on consistent and accurate cash flow analyses. Consider that global cash flow analysis will be necessary for complex borrowers and outline cases in which analysis is encouraged. Get ready for the next credit cycle with credit department housekeeping tips from this webinar.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

Risk Management 195

Risk Management Handbook Analysis Management 195

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

Abrigo

FEBRUARY 16, 2024

Improve tickler management: Ticklers are often managed by committee, but accountability and follow-through are necessary to ensure these tasks are handled efficiently. Assign clear responsibilities and establish accountability at all levels—from mechanics and calculations to analysis of covenant breaches.

Training 195

Training Risk Management Analysis Policies 195

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

AUGUST 2, 2023

Takeaway 2 Financial institutions have been taking a three-pronged approach to identifying and quantifying risks associated with their CRE segments. Takeaway 3 Financial institution management can focus on mitigating risk and understanding portfolio dynamics when the analysis is streamlined. See how in this whitepaper.

Report 195

Report Risk Management Lending Analysis 195

Perficient

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time.

Risk Management 221

Risk Management United States FDIC Compliance 221

Abrigo

JUNE 11, 2021

Would you like other articles on asset/liability management in your inbox? Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). Takeaway 3 The most common model to measure long-term IRR is an economic value of equity (EVE) analysis.

How To 195

How To Risk Management Analysis Kansas City 195

Abrigo

SEPTEMBER 21, 2021

As a loan reviewer, you need to be technically sound in order to do your job, which means you need to have a fundamental understanding of financial analysis, tax analysis, and all of the regulatory laws that surround the credits that you’re going to be reviewing,” Cooley says. Credit Analysis Training. Credit Risk Management.

Video 195

Video Analysis Risk Management Training 195

Insights on Business

JULY 30, 2019

Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis. The offering is built on the IBM Workspace Analyzer platform, an in-memory platform that aggregates and manages data across multiple sources in real-time. Waiting will not work.

Risk Management 70

Risk Management Analytics Technology Management 70

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.

social media 170

social media Risk Management Analysis Industry 170

Abrigo

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Top down and bottom up analysis can inform capital assessments. Stress testing provides banks and credit unions with a unique opportunity to better manage their institution’s financial performance. .

Lending 150

Lending Risk Management Analysis Capital 150

Insights on Business

MARCH 4, 2019

It seems like just yesterday when complying with regulation was the end goal in itself. The bulk of these efforts were focused on simply churning out reports to keep regulators happy. Whether financial institutions and their risk systems are ready or not, those days of simple reporting are behind us.

Analysis 79

Analysis Report Regulation Compliance 79

Abrigo

MAY 19, 2023

In addition, they should be familiar with pertinent laws and regulations affecting credit and lending activities. Some banks have enough critical mass to rotate junior teammates from credit analysis to workout to loan review for 6-month exposures to each of these areas before sending them on to lending assignments.

Training 195

Training Lending Risk Management Guidelines 195

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.

Resources 195

Resources Risk Management Study Strategy 195

Abrigo

JANUARY 24, 2024

Find out what auditors and regulators will be looking for as it relates to CECL. Abrigo’s loan valuation process not only furnishes comprehensive life-of-loan cash flow results at the loan level but also aids acquirers in comprehending potential CECL impacts and fair value assessments.

FDIC 195

FDIC Regulation Strategy Data 195

South State Correspondent

APRIL 30, 2024

FDIC regulations afford QFCs certain rights and protections that will accrue to the hedge end-user (a community bank or a community bank borrower) if the hedge provider were to fail and the FDIC becomes the receiver. A hedge should have a neutral outcome regardless of how the market moves (within defined bands).

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

FDIC regulations afford QFCs certain rights and protections that will accrue to the hedge end-user (a community bank or a community bank borrower) if the hedge provider were to fail and the FDIC becomes the receiver. A hedge should have a neutral outcome regardless of how the market moves (within defined bands).

Community Bank 195

Community Bank FDIC Community National 195

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

PYMNTS

NOVEMBER 16, 2020

According to the press release, LIKEZERO will help to boost a new, more intelligent level of insight, helping banks, financial institutions (FIs) and other regulated businesses to analyze and extract insight and data from clients' clients.

Data 169

Data Regulation Risk Management Training 169

Abrigo

DECEMBER 1, 2021

There will always be risks inherent in loan portfolios, and effective portfolio management and loan control functions are critical to the overall risk management function of banks and credit unions. Banks are required by regulators to have formal risk rating policies in place to determine how ratings are assigned.

Risk Management 195

Risk Management Lending Policies Management 195

Perficient

AUGUST 3, 2023

Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands. Using generative AI for such purposes gives human resources more bandwidth to thoroughly investigate suspicious incidents.

Industry 83

Industry Risk Management Customer Experience Fraud 83

Jeff For Banks

MARCH 8, 2014

As financial institutions’ commercial credit portfolios have expanded in recent quarters, regulators have increasingly warned against growing so quickly that risk management standards and processes fall behind. Ensure adequate documentation is obtained for ongoing credit-risk monitoring.

Analysis 91

Analysis Risk Management Lending Industry 91

PYMNTS

JANUARY 24, 2019

That’s only if analysis of that data can be done correctly, however. Automated risk management solutions can be helpful in theory. The lack of knowledge, training and clear policy can expose an organization to more risks, considering the changing nature of global regulations and threats.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

DECEMBER 14, 2023

In a banking landscape that is constantly changing with new regulations, increasing competition, and other new challenges, it is critical to maximize your strategic plan's effectiveness. What insights have you gained from an in-market commercial real estate analysis? Learn to identify emerging CRE credit risk red flags.

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

SEPTEMBER 7, 2023

With the amount of data an institution has at its fingertips, it can be hard to determine what’s relevant and how to apply it for the most effective reporting and analysis. Learn how to tap your data to generate management insights. Explore Abrigo Connect. Credit union and bank advisory services are excellent resources on this front.

Report 195

Report Lending Trends Data 195

Abrigo

OCTOBER 8, 2014

Risk management. Of those asking for regulatory relief, many argued that banking regulations are hurting the economy. Jeff Plage , chairman of the American Bankers Association (ABA), argued that regulations hurt the economy through less credit in local communities. Managing Risk. Risk analysis.

Community Bank 191

Community Bank Community Strategy Risk Management 191

Abrigo

AUGUST 30, 2022

Risk management. Keys to mitigating risk. Any financial institution looking to grow the commercial loan portfolio should keep in mind that proper credit risk management remains critical. This type of analysis (e.g. Credit Risk Management. Lending & Credit Risk. Lending Regulation.

Strategy 195

Strategy Lending Risk Management Analysis 195

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. However, there is a range of other areas of noncompliance risk for these businesses. Which brought Wales to the final major challenge industry players face in the compliance realm: data management.

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

MARCH 6, 2015

While federal regulators only require this small number of banks to be subject to these particular stress tests, as outlined in the Dodd-Frank Act following the economic crisis of 2008, stress testing is becoming a critical part of financial institutions’ risk management strategies, regardless of their asset sizes.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Perficient

FEBRUARY 10, 2021

Lower instances of cultural misunderstandings, combined with strong English language skills, yield faster development times, improved risk management, and increased quality of deliverables, which are essential for healthcare companies in a competitive marketplace. We have helped some of the largest healthcare companies in the U.S.

Software 294

Software Innovation Company America 294

Abrigo

JUNE 17, 2015

And many of the risks associated with agriculture lending are out of borrowers’ control, according to the OCC: • weather • pricing • domestic and global supply and demand changes • disease • land values • government regulations • subsidy programs and • changes in consumers’ preferences.

How To 150

How To Kansas City Lending Analysis 150

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. Putting it bluntly,” the report notes, “if you wait until a liquidity crisis hits to cobble together an analysis based on an array of spreadsheets, it is probably too late.”.

Big Data 119

Big Data Data Risk Management Compliance 119

Abrigo

MARCH 24, 2023

The following steps for creating or updating your AML/CFT risk assessment should ensure you understand your institution's risk. Step one Document the BSA/AML risk assessment Documentation is one of the more critical aspects of performing a risk assessment. plying any management or risk mitigation tools.

Fraud 195

Fraud Compliance Examples Analysis 195