Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Feedback must be submitted by February 14, 2022. The OCC is looking for feedback on all aspects of the draft principles.

Risk Management 78

Risk Management Management Policies Operations 78

Abrigo

JUNE 8, 2017

To provide bank management and the board with an objective assessment of credit quality and ongoing portfolio management 3. To serve as a critical component of a comprehensive, enterprise-wide, risk management practice 4. The beginning of all risk in the portfolio is with loan origination.

Risk Management 150

Risk Management Management Policies Lending 150

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

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

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

Abrigo

FEBRUARY 6, 2024

keep me informed watch Take it slow A measured MBL approach is best A ccording to NCUA gu idance , t he amount and expertise of resources avai lable for business lending should drive the complexity and options available for each portfolio. It also recommends including projections related to loan pricing, operating expenses, and delinquency.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

MAY 2, 2024

This knowledge is essential for making informed decisions about which small business loans to pursue. Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework. Let's take a closer look at the steps involved in this structured process.

Lending 221

Lending Strategy Analysis Policies 221

Abrigo

DECEMBER 22, 2023

In this article, lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Read the blog for information that can help lenders avoid risk before the project begins by planning ahead at the closing table. Community lending software can help get you there.

Lending 221

Lending Risk Management Community Management 221

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Digitalization brings along risks like IT security, Cybersecurity, etc. For more information.

Risk Management 110

Risk Management Management Report Compliance 110

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 107

Risk Management Fraud Management Survey 107

Insights on Business

JUNE 11, 2019

Compared to traditional data centers, I believe that cloud computing has several characteristics that make it an attractive platform for risk management. First of all, the compute requirements for risk management can vary over time. The target architecture of the future for all risk solutions will likely involve cloud.

Risk Management 87

Risk Management Management Examples Resources 87

Jack Henry

SEPTEMBER 18, 2019

Banks and credit unions rely heavily on fintechs to sustain compliant efficient operations, process payments and other data, protect information and deliver service to customers in a variety of ways. Fintech providers play an important role in the financial services industry.

Risk Management 68

Risk Management Fintech Management Resources 68

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

Analysis 195

Analysis Industry Risk Management Lending 195

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. They are designed to help maintain the financial health of borrowers throughout the loan term.

Risk Management 221

Risk Management Lending Policies Management 221

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies.

Regulation 309

Regulation Industry Risk Management Analysis 309

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. Mr. Shan Hanes, who served as the bank’s President and CEO until its closure, joined the firm in 1993 as an agricultural loan officer and Informational Technology Officer. He was promoted to President and CEO in 2008.

United States 221

United States Kansas FDIC Risk Management 221

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. For more information about the solution, click here. EMEA PR Manager. Caroline Duff.

Operations 68

Operations Strategy Innovation Policies 68

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." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 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.

Report 195

Report Risk Management Capital Data 195

Abrigo

OCTOBER 17, 2023

More recently, the OCC identified change management as one of its supervision priorities for the year ahead. Change management strategies involve clear communication, training, and support mechanisms, fostering a positive environment where employees feel valued and engaged, even amid change.

Management 195

Management Lending Risk Management Strategy 195

PYMNTS

JANUARY 18, 2021

Integrating digital transactions across different payment channels can result in silos of information if these transactions are deployed on back-office systems that are outdated or rely on manual processes, and these issues can become worse as time passes.

Analytics 319

Analytics Data Risk Management Management 319

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 93

Operations System Groups Technology 93

Perficient

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement. Information security is complex, never ending, and daunting.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Perficient

MAY 28, 2020

Oracle Utilities has long been a leader in industry applications for operations at power generation companies. For this data to prove value, Utilitiy’s customers need analytics, dashboards, and reporting to consolidate information and highlight important analytics. Improving Mobility & Field Operations with Oracle SCM.

Analytics 340

Analytics Customer Experience Risk Management Innovation 340

Abrigo

MAY 19, 2023

Responsibilities may include assigning initial credit grades, ensuring grade changes are made when needed, or compiling the information necessary to assess the appropriateness of the ALLL. The complexity and scope of a loan review system will vary based on an institution’s size, type of operations, and management practices.

System 195

System Regulation How To Lending 195

Abrigo

APRIL 25, 2024

Financial institutions can consider this information to benchmark trends at their own institution and to evaluate plans. At the same time, 59% pursued credit to meet operating expenses. Financial institutions should also cultivate opportunities to help existing borrowers manage their business and capital needs.

Lending 221

Lending Trends Capital Strategy 221

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws. Cyber Risk Recommendation 5: Protect and monitor network endpoints.

Risk Management 40

Risk Management Management Security Guidelines 40

FICO

APRIL 8, 2020

This confluence of challenges has prompted an urgent question for any organization that deals with receivables management – how do we build more resiliency into our collections and recovery operations? FICO is here to help you answer this question. Registration is complementary and open now. We hope to see you there!

Operations 52

Operations Risk Management Management Tools 52

Abrigo

JANUARY 24, 2024

The FDIC bid process is highly confidential and typically operates within a short window before the FDIC officially closes a bank and declares a successful acquirer. On-site evaluations aren't typically an option, so bidders need to absorb and analyze this data quickly for informed decision-making.

FDIC 195

FDIC Regulation Strategy Data 195

Abrigo

MARCH 3, 2021

For more information on the basics of credit analysis, check out this webinar: WATCH NOW. Takeaway 1 Understanding credit risk and assigning risk to loans is the foundation of credit analysis. . For new credit analysts, it may be confusing discerning loan grading from underwriting and risk scoring. “You keep me informed.

Analysis 195

Analysis Risk Management Lending Training 195

Perficient

NOVEMBER 27, 2023

When approached well, it enables organizations to: Unearth hyper-detailed insights into how work is done Identify processes that hinder productivity and are ripe for a rethink This is accomplished by combining data science and process management to deeply understand operational processes based on an organization’s widely available activity logs.

Industry 221

Industry Regulation Compliance Data 221

Abrigo

SEPTEMBER 21, 2021

Another trait that is important for a loan reviewer to have in order to operate an effective loan review function is curiosity, Cooley says. Keep me informed. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Risk Ratings. Credit Risk Management. Be Curious.

Video 195

Video Analysis Risk Management Training 195

Abrigo

MARCH 13, 2024

Here’s how banks and credit unions with strong CRE risk management can identify weakening property loans, assess them, triage them, and assist with their prognosis and treatment. Failure to deliver required financial information. You might also like this podcast on leveraging the Fed's stress test scenarios.

Strategy 221

Strategy Course Meeting Taxes 221