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Best practices for credit risk management in uncertain times

Abrigo

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." keep me informed. Know your limits.

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Combating inconsistency in risk management

Abrigo

When it comes to the risk management process, there is no one-size-fits-all approach. “It is as much an art as a science,” says Tim McPeak, risk management consultant at Sageworks. ” But these inconsistencies pose significant challenges to managing credit risk at financial institutions.

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Esker Adds More Visibility, Risk Management To Supplier Solution

PYMNTS

Esker , which specializes in artificial intelligence (AI)-driven process automation software, has launched a new supplier management solution in its procure-to-pay automation suite, which will help businesses manage and automate their supply chains, according to a press release.

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The benefits of construction loan management software

Abrigo

Construction loan management software Construction loan management softwares are a windfall of efficiency for financial institutions. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 2 Using construction loan management software is a good way to mitigate risk.

Software 195
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A new era of technology enabled financial risk management: Advanced analytics and aggregation

Insights on Business

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

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Credit administration department housekeeping: Practical steps for improvement

Abrigo

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. Get details in "A guide to implementing credit policy."

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Avoiding Client Remediation With RCSA (Part 3 of 3)

Perficient

Here in this blog, we’ll review how financial institutions can avoid having to create and run a client remediation program in the first place by implementing Risk Control Self-Assessment (“RCSA”) techniques. Steps of an RCSA Program Risk professionals generally acknowledge that there are six steps to the RCSA process.