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Take a risk-based approach to compliance management

Insights on Business

Compliance, legal and risk professionals are looking for an end-to-end frame­work to manage compliance requirements in a way that improves overall governance, risk and compliance (GRC) program effectiveness. Attend IBM Watson Financial Services RegTech Forum in Washington, DC on March 28. Mr. Patrick M.

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks banking industry experts are winding down a busy year of disseminating information and facilitating discussions on regulatory changes, such as the FASB’s upcoming move to the current expected credit loss model (CECL), and on best practices for portfolio risk management and credit analysis.

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CFPB announces advisory committee members

CFPB Monitor

Eric Kaplan, Director of the Housing Finance Program, Milken Institute (Washington, DC), was appointed to serve as CAB Chairperson. Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Jean Setzfand, Senior Vice President, AARP (Washington, DC). Tim Lampkin, CEO, Higher Purpose Co. Clarksdale, MS).

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Top 5 Risk Analytics Posts: From Rising FICO Scores to Alt-Data

FICO

For the first time since we’ve been tracking these stats, the average national FICO Score reached the 700 threshold — some 10 points above what it was just prior to the recession in October 2006.”. Using Alternative Data in Credit Risk Modelling. Read the full post. Millennials and Credit: Are We Missing the Real Story?

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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently. The stock markets rejoiced and rallied 2% to 3% on January 2nd, because the fiscal cliff was now manageable, not an apocalypse. Stocks remain an attractive asset class with the dividend yield of 2.2% Stay tuned!

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