Remove Books Remove Capital Remove Compliance Remove Risk Management
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Developing loan reviewer training: What personnel need for success

Abrigo

But many banks and credit unions find that booking loans with a loan origination platform offers their current staff greater functionality, mitigating or eliminating those staffing woes. As our annual loan review survey pointed out, loan review units have a severe workforce shortage at both the junior and senior levels.

Training 195
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RiskAvert enriched with new capabilities for NPE and IRRBB ahead of final regulatory announcement

Bobsguide

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.

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Capitalizing on Open Banking as a catalyst for digital transformation

Insights on Business

Meanwhile, new competitors are entering the market and tearing up the traditional banking rule book. To facilitate digital transformation for financial institutions, we’ve developed the IBM Open Banking Platform, a software suite designed to enable fast creation of next-generation apps, low-risk innovation and regulatory compliance.

Capital 157
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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How to develop a sound MBL strategy

Abrigo

It is also necessary for the Board to decide how an MBL strategy fits in to the credit union’s overall strategy including designating resources, ensuring adequate capital levels and determining a safe and sound growth rate. Evaluate the level of capital needed. ” This study should include: • Industries. • Loans.

Strategy 186
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Sense and sensitivity: how IBM is driving innovation in XVA calculations to help banks outperform the competition

Insights on Business

There’s a clear trajectory from daily to intra-day calculations, and in some cases even to real-time XVA calculations to help traders and risk management teams make better operational decisions. Calculating large numbers of XVA sensitivities across the full range of a bank’s trading book is enormously computationally intensive.

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Regtech 101: What It Is, Why Now, & Why It Matters

CB Insights

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. The volume of regulation has created more surface area for compliance gaps.