Capital, Risk Management and Software - Community Banking Brief

CRE risk management: Navigating hazards and opportunities

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management

Risk Management Management Lending Capital

Citi Fined $400M Over Faulty Risk Management Systems

PYMNTS

OCTOBER 7, 2020

bank to fix the "significant ongoing deficiencies" in its risk management systems, The Wall Street Journal (WSJ) reported. In a consent order which Citi's board agreed to, the bank was chastised for failing in various areas of risk management and internal controls.

Risk Management

Risk Management System Management Regulation

Effective model risk management and model validation in banking

Abrigo

AUGUST 1, 2022

What are model risk management and model validation? Model risk management (MRM) is a framework of systemic oversight of the models a financial institution or organization relies on for financial reporting, decision-making, and other critical purposes. Model governance overview. Federal guidance. Validation teams.

Risk Management

Risk Management Management Regulation Analysis

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

Ensuring Banking Compliance Through Project Management Expertise

Perficient

APRIL 8, 2024

Addressing these deficiencies required a comprehensive approach, leading to the establishment of critical programs like the US Bank Holding Company (BHC) regulatory and comprehensive capital analysis and review (CCAR) program. Tangible Outcomes The success of Perficient’s engagements is evident in the tangible outcomes achieved.

Compliance

Compliance Management Guidelines Risk Management

Credit administration department housekeeping: Practical steps for improvement

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Talk to a specialist to learn more.

Training

Training Risk Management Analysis Policies

RapidRatings raises $200M from Spectrum Equity for its supplier risk management software. RapidRatings competitors include Panjiva, D&B, CyberGRX, and Spend Matters.

CB Insights

FEBRUARY 16, 2022

RapidRatings , a supplier risk management software provider, has raised $200M in a Series C funding round that drew participation from 22C Capital and Spectrum Equity. The post RapidRatings raises $200M from Spectrum Equity for its supplier risk management software. HOW’S THE COMPANY PERFORMING?

Risk Management

Risk Management Software Management New York

Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

Capital

Capital Payments Software Fintech

Member business lending: How to leverage MBL for credit union growth

Abrigo

FEBRUARY 6, 2024

Involve your board of directors in approving policies, providing continual oversight, and engaging in annual reviews. Conclusion Planning for a successful program Developing or expanding an MBL program offers credit unions a pathway to capitalize on their strengths and support small businesses.

Lending

Lending How To Risk Management Policies

Financial Software Firm OpenFin Raises $17M

PYMNTS

MAY 17, 2019

led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., In a Wells Fargo & Co.-led Reuters reported.

Software

Software New York Risk Management System

CRE risk: Lessons from recent earnings reports

Abrigo

AUGUST 2, 2023

3-pronged approach Identifying and quantifying CRE risks Most financial institutions have taken a three-pronged approach to identifying and quantifying risks associated with their CRE segments. Executives should be prepared to discuss credit risk stress testing outcomes and their impact on risk management decisions.

Report

Report Risk Management Lending Analysis

Software Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses

PYMNTS

APRIL 8, 2019

RiskLens, a cyber risk management software company, has raised $20.55 The round was led by Paladin Capital, and MassMutual Ventures, F-Prime Capital, Dell Technologies Capital and Osage Venture Partners all participated. million in a series B funding round, according to reports. .

Software

Software Risk Management Capital Management

Capital Float On The Path To Video-Based KYC Implementation

PYMNTS

DECEMBER 9, 2020

India-based digital lender startup Capital Float witnessed a multitude of benefits from implementing video-based KYC to help onboard its small- to medium-sized business (SMB) clients. Capital Float had provided 500,000 clients with $1.2 Capital Float had provided 500,000 clients with $1.2

Video

Video Capital Lending Security

Murex Platform Once Again Named Software Solution of the Year

Bobsguide

MAY 12, 2022

2022 — Murex , the global leader in trading, risk management and processing solutions for capital markets, has?won?the the Software Solution of the Year?category 3 was voted Software Solution of the Year due to the strong support received from clients and industry peers worldwide. Murex’s MX.3 Over 57,000 users?in

Software

Software Innovation Risk Management Capital

Loan covenants refresher: What, when, why & how

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. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Risk Management

Risk Management Lending Policies Management

Hyperproof, An Enterprise Governance, Compliance, And Risk Management Technology Provider, Raises $16.5M In Series A Funding

CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M The investor in this round was Toba Capital. The post Hyperproof, An Enterprise Governance, Compliance, And Risk Management Technology Provider, Raises $16.5M in a Series A. Employee headcount stands at 51.

Risk Management

Risk Management Compliance Management Technology

The top lending & credit risk blogs of the year

Abrigo

DECEMBER 22, 2023

Read this blog for construction delinquency statistics that can help your financial institution better plan and manage their construction loan portfolios. The institution can more easily capitalize on opportunities and avoid unnecessary risk. Community lending software can help get you there.

Lending

Lending Risk Management Community Management

Introducing Our Partnership with Kyriba

Perficient

OCTOBER 12, 2020

Named a leader by IDC for treasury and finance, Kyriba optimizes cash and risk management, payments and working capital strategies through a highly secure Software-as-a-Service platform. Bank connectivity is one of the most complicated aspects of an ERP project.

Risk Management

Risk Management Fraud Management Compliance

Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

JULY 27, 2023

If your bank is considering using a form of regtech like AML software for the first time, knowing its strengths and how it can help you save money on adhering to regulatory requirements is critical to getting buy-in from your organization. Talk to a specialist to learn more.

Technology

Technology Fraud Compliance Regulation

Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

JULY 27, 2023

If your bank is considering using a form of regtech like AML software for the first time, knowing its strengths and how it can help you save money on adhering to regulatory requirements is critical to getting buy-in from your organization. Talk to a specialist to learn more.

Technology

Technology Fraud Compliance Regulation

Profile Software launches upgraded RiskAvert for coverage of EU's CRR2

The Paypers

SEPTEMBER 17, 2021

Profile Software , a UK-based financial solutions provider, has announced the release of upgraded RiskAvert, a flexible risk management platform for advanced regulatory capital calculation.

Software

Software Risk Management Capital Management

How Stress Test Results Can Yield Better Lending, Credit, and Risk Decisions

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

Lending Risk Management Analysis Capital

Preparing your financial institution to manage loan workouts, loan modifications

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." Loan performance since 2020 Chart 2. Watch webinar.

Management

Management Risk Management Policies Lending

Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

FEBRUARY 22, 2022

Our mission is to provide best of breed solutions that drive growth, reduce costs, mitigate risk and offer a faster speed to market for our clients. This is delivered through its unique Global Network Delivery Model , recognized as the benchmark of excellence in software development.

Software

Software Wyoming Idaho Nevada

Embedded Financing Helps Asia’s SMBs Weather Cash Flow Challenges

PYMNTS

OCTOBER 7, 2020

RootAnt has said that it will use the capital to expand in Singapore, Southeast Asia and Japan. Thus, working capital challenges are mounting for these SMBs. Risk Management. Risk management is critical, said Yin. Clients of these SMBs, he said, are also suffering from the pandemic and delayed payments.

Risk Management

Risk Management blockchain Capital Data

Fintech Deals to Watch: Fall Festivities

Gonzobanker

SEPTEMBER 21, 2023

Lending: Lending Leaves Change Color Abrigo acquired Valuant for compliance and credit risk and DiCOM Software for automated credit risk software and partnered with Charm Solutions to launch Abrigo Small Business Lending Intelligence. MeridianLink acquired mortgage software provider OpenClose.

Fintech

Fintech Software Illinois Lending

TS Imagine Enhances Executive Team with Three Key Hires

Bobsguide

SEPTEMBER 22, 2022

NEW YORK, September 20, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced three executive leadership hires to support the firm’s rapid growth. Spencer brings extensive market structure and fixed income trading experience to TS Imagine.

New York

New York Capital Leadership Software

CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022

Bobsguide

MARCH 21, 2022

Best Middle-Office Solution: CompatibL Risk Platform. Software Solution of the Year: CompatibL Risk Platform. CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Cloud-Native Computing Initiative: CompatibL Cloud Platform.

Innovation

Innovation Technology Risk Management Analytics

TS Imagine Expands its Operations in Montréal

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth. About TS Imagine.

Operations

Operations America Software Risk Management

A $200M Mélange Of B2B Venture Capital

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Spain-based Captio revealed a $1.1 Enterprise Security.

Capital

Capital blockchain Management Lending

TS Imagine Extends Crypto Exchange Connectivity with Gemini

Bobsguide

APRIL 7, 2022

London (5 April 2022): TS Imagine , the leader in trading, portfolio and risk management solutions for capital markets, today announces that it has successfully integrated with crypto platform Gemini. We’re excited to be continuing on that mission by working with TS Imagine.”. About TS Imagine.

Bitcoin

Bitcoin cryptocurrency Risk Management Capital

Procurement, Digital Banking See VC Funding Rounds

PYMNTS

FEBRUARY 14, 2020

Venture capital funding rounds this week showed some concentration on the continent, with several announcements tied to Europe. Additional participation came from ERA, 645 Ventures, Stage 2 Capital and Green Visor Capital. million USD) in a Series B funding round, led by NGP Capital and ETF Partners. CybelAngel.

Digital Banking

Digital Banking Capital Risk Management Operations

Developing loan reviewer training: What personnel need for success

Abrigo

MAY 19, 2023

For smaller institutions especially, loan review software makes tracking productivity among teams, geographies, and other factors easier and more efficient. But while software can certainly help, it can't solve the talent shortage. How can banks and credit unions build up strong loan reviewers?

Training

Training Lending Risk Management Guidelines

BlackLine Launches New Cloud Modernizing Products

PYMNTS

NOVEMBER 16, 2020

BlackLine , which provides account automation software, launched new products on Monday (Nov. As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization. 16) to continue helping modernize cloud operations, according to a press release.

Analysis

Analysis User Experience Risk Management Operations

How to Establish Quality Fintech Partnerships

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

Fintech How To Innovation System

How to Win Small Business Loans This Year

Abrigo

FEBRUARY 23, 2022

How we manage the flow of documents is a huge piece of loan ops; how we store those documents appropriately; how we’re getting them to and from our lenders or appraisers or the third-party vendors that we use—all that stuff really opens itself up to process improvement. Streamline with Software. Knowing Your Customer.

How To

How To Lending Software Survey

TS Imagine Expands Executive Team with Chief Operating Officer Appointment

Bobsguide

JULY 28, 2022

New York, 27 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth. • TS Imagine Chief Transformation and Data Officer, Thomas Bodenski, appointed as COO.

Operations

Operations New York Analytics Software

Biz2Credit Raises $52M In Funding To Expand

PYMNTS

JUNE 4, 2019

In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital. The company said the proceeds will be used to drive more growth of its marketplace lending business and to support the expansion of Biz2X, its digital lending platform via software as a service (SaaS) partnerships with global financial firms. “In

Lending

Lending Risk Management Analytics Leadership

TS Imagine Announces Strong Growth and Senior Hires as Demand Surges

Bobsguide

JULY 21, 2022

LONDON, 11 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced strong growth during the first half of 2022, a year after TradingScreen and Imagine Software merged to become TS Imagine. He previously worked for IG, UBS, and Credit Suisse.

New York

New York Software Capital Leadership

TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

JULY 21, 2022

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. He brings over 30 years of banking experience and was previously CEO of Scotia Capital in the US.

Leadership

Leadership New Jersey America Capital

Murex Extends Winning Streak in IBSi Sales League Table

Bobsguide

JUNE 13, 2022

Murex , the global leader in trading, risk management and processing solutions for capital markets, is thrilled its integrating MX.3 3 platform has topped the IBS Intelligence Sales League Table 2022’s Wholesale Banking | Treasury & Capital Markets category for the fourth year running. in capital markets.

Capital

Capital Leadership Risk Management Regional

B2B FinTech Firms Brace For Growth With New VC

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech

Fintech Capital New York City Analysis

Capitalizing on Open Banking as a catalyst for digital transformation

Insights on Business

OCTOBER 16, 2018

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. Gearing up for a new era. The future of banking isn’t just about modernization or churning out apps.

Capital

Capital Tools System blockchain

Important Considerations When Growing the CRE Portfolio

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. In fact, software solutions are often key to both profitability and regulatory approval.

Community Bank

Community Bank Handbook Lending Risk Management

Startup Scores $62 Million For Trade Credit Risk Solution

PYMNTS

OCTOBER 3, 2017

French startup Tinubu Square has secured funding for its solution that provides trade credit risk management, according to news reports on Monday (Oct.2). The company raised about $62 million from investors at Long Arc Capital and Bpifrance; it will use the funding to focus on the development of its technology.

Capital

Capital Risk Management Software Management

CRE risk management: Navigating hazards and opportunities

Citi Fined $400M Over Faulty Risk Management Systems

Webinars

Trending Sources

Effective model risk management and model validation in banking

Webinars

Ensuring Banking Compliance Through Project Management Expertise

Credit administration department housekeeping: Practical steps for improvement

RapidRatings raises $200M from Spectrum Equity for its supplier risk management software. RapidRatings competitors include Panjiva, D&B, CyberGRX, and Spend Matters.

Serent Capital Starts New Fund; Bullish On B2B Payments Category

Member business lending: How to leverage MBL for credit union growth

Financial Software Firm OpenFin Raises $17M

CRE risk: Lessons from recent earnings reports

Software Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses

Capital Float On The Path To Video-Based KYC Implementation

Murex Platform Once Again Named Software Solution of the Year

Loan covenants refresher: What, when, why & how

Hyperproof, An Enterprise Governance, Compliance, And Risk Management Technology Provider, Raises $16.5M In Series A Funding

The top lending & credit risk blogs of the year

Introducing Our Partnership with Kyriba

Regtech in banking: How emerging technology helps keep banks compliant

Regtech in banking: How emerging technology helps keep banks compliant

Profile Software launches upgraded RiskAvert for coverage of EU's CRR2

How Stress Test Results Can Yield Better Lending, Credit, and Risk Decisions

Preparing your financial institution to manage loan workouts, loan modifications

Zions Bancorporation goes live on TCS BaNCS Core Banking software

Embedded Financing Helps Asia’s SMBs Weather Cash Flow Challenges

Fintech Deals to Watch: Fall Festivities

TS Imagine Enhances Executive Team with Three Key Hires

CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022

TS Imagine Expands its Operations in Montréal

A $200M Mélange Of B2B Venture Capital

TS Imagine Extends Crypto Exchange Connectivity with Gemini

Procurement, Digital Banking See VC Funding Rounds

Developing loan reviewer training: What personnel need for success

BlackLine Launches New Cloud Modernizing Products

How to Establish Quality Fintech Partnerships

How to Win Small Business Loans This Year

TS Imagine Expands Executive Team with Chief Operating Officer Appointment

Biz2Credit Raises $52M In Funding To Expand

TS Imagine Announces Strong Growth and Senior Hires as Demand Surges

TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Murex Extends Winning Streak in IBSi Sales League Table

B2B FinTech Firms Brace For Growth With New VC

Capitalizing on Open Banking as a catalyst for digital transformation

Important Considerations When Growing the CRE Portfolio

Startup Scores $62 Million For Trade Credit Risk Solution

Stay Connected