Abrigo

MARCH 21, 2023

If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. A core deposit analysis can arm decision-makers with confidence moving forward, knowing they have detailed information and data backing their next moves.

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Risk Management Management Strategy Lending 195

South State Correspondent

MARCH 13, 2023

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. That combination made their liabilities very sensitive to safety.

Risk Management 221

Risk Management Management Community Bank Community 221

Jack Henry

MAY 21, 2021

Working from home offered another approach vector for threat actors, and new information security threats emerged. According to data from IBM Security X-Force, one in four attacks remediated as of September 2020 were linked to good old ransomware.

Risk Management 88

Risk Management Trends Security Management 88

PYMNTS

SEPTEMBER 25, 2018

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. He added, “Fragmented programs that rely on legacy tools bear hidden costs and risks.”.

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Risk Management Software Management User Experience 182

Abrigo

MARCH 22, 2017

The 2017 Risk Management Summit presented by Sageworks is set for September 25-27th in Denver, CO. The Summit is the industry’s leading life-of-loan conference, spanning business development through portfolio risk management in a CECL - current expected credit loss - world. Here are the 2016 Summit Takeaways.

Risk Management 186

Risk Management Management Denver Conference 186

Abrigo

JULY 13, 2017

The 2017 Risk Management Summit presented by Sageworks is set for September 25-27th in Denver, CO. The Summit is the industry’s leading life-of-loan conference, spanning loan origination through portfolio risk management in a CECL - current expected credit loss - world. Register now and save $100 per registration.

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Risk Management Management Denver Conference 170

Cisco

JUNE 7, 2022

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . Portfolio Risk & CECL. Cyber Due Diligence.

Risk Management 150

Risk Management Management Lending Fraud 150

Abrigo

OCTOBER 14, 2014

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. Try creating a one-page checklist summarizing the necessary information and tax forms for everyone to use.

Risk Management 223

Risk Management Management Taxes Analysis 223

Abrigo

JULY 6, 2017

The 2017 Risk Management Summit presented by Sageworks is heading to the "Mile High City". Why You Should Join Us The Summit offers actionable insights that apply across the whole institution, spanning business development through portfolio risk management in a CECL world.

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Risk Management Denver Management Colorado 150

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. Regardless of whether banks manage it internally or outsource it, the regulatory burden lies with the institution. The banking industry is no stranger to this.

Risk Management 150

Risk Management Management Security Lending 150

Insights on Business

JUNE 18, 2019

Risk brings rewards. Risk management professionals are comfortable with ideas about growth curves and early versus late investment. Risk management demands a lot of data from many different sources, and traditional database management systems are too slow for the granular analytics needed today.

Risk Management 185

Risk Management Technology Management Big Data 185

Abrigo

AUGUST 16, 2016

With the recent release of the Financial Accounting Standards Board’s (FASB) guidance on the CECL model, Sageworks' Summit is uniquely positioned to provide the latest information on how institutions can prepare for the impact that the guidance will have on reserve levels, financial reporting and the calculation across the institution.

Risk Management 150

Risk Management Management Analysis Analytics 150

PYMNTS

JUNE 17, 2020

The new solution is cloud-based and will offer a 360-degree view of supply chains, helping to minimize risk and reduce the workload of procure-to-pay staff, the release states. The solution will mitigate and reduce risk by verifying if information pertaining to suppliers is complete and correct.

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Risk Management Management Policies Compliance 141

PYMNTS

JUNE 19, 2020

Acumen net eFX is built off of an application programming interface and can come with a company’s own branding, while connecting with different systems or information providers. It provides management of a series of exchange rate channels and best rates for clients.

Risk Management 160

Risk Management Software Tools Management 160

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

CFPB Monitor

JULY 21, 2021

The agencies have made clear that if banks have ineffective risk management processes, agency examiners will closely scrutinize their third-party risk management and identify and report deficiencies in examination reports and recommend appropriate supervisory actions. On August 6, 2021 from 12:00 p.m. to 1:00 p.m.

Risk Management 78

Risk Management Management FDIC Financial Technology 78

Abrigo

JULY 11, 2016

Sageworks will host the 5th Annual Risk Management Summit September 14-16 at the AT&T Executive Education and Conference Center in Austin, Texas. Sageworks’ Risk Management Summit will be a valuable resource for those impacted by what’s been called the biggest change in the history of bank accounting.”

Risk Management 150

Risk Management Management Conference Austin 150

Abrigo

FEBRUARY 3, 2016

Sageworks recently announced the dates and location for the 2016 Risk Management Summit. The conference will also discuss current ALLL and stress testing information, including best practices on qualitative adjustments, loss methodologies and leveraging stress test results.

Risk Management 150

Risk Management Management Austin Conference 150

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

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

Abrigo

JULY 19, 2016

With the recent release of the Financial Accounting Standards Board’s (FASB) guidance on the Current Expected Credit Loss (CECL) model , Sageworks ' Summit is uniquely positioned to provide the latest information on how institutions can prepare for the changes and what the impact may be once effective.

Risk Management 150

Risk Management Management Analysis New York 150

PYMNTS

APRIL 22, 2020

Director Patrick O’Connor said in the release that the partnership with Argos will be good because it will allow for new up-to-date risk analysis for Gatekeeper’s existing clients. O’Connor said Argos’ technology will serve as a way for companies to properly vet others they are wanting to enter into partnerships with in the future.

Risk Management 140

Risk Management Management Leadership Analysis 140

Abrigo

OCTOBER 11, 2014

More than 140 bankers and industry experts from over 30 states gathered in Nashville, Tennessee last month for the 3rd annual Risk Management Summit hosted by Sageworks. ” The 4th annual Risk Management Summit is planned for 2015, and announcements will be made when plans are finalized.

Risk Management 191

Risk Management Management Nashville Leadership 191

Abrigo

JANUARY 27, 2015

Following three successful years in Nashville, Tennessee, the 2015 Risk Management Summit heads to a new city this September. Registration for the 2015 Risk Management Summit will open on February 16, 2015; however, bankers can sign up now to be notified once additional information is released.

Risk Management 150

Risk Management Chicago Management Michigan 150

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

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

Abrigo

AUGUST 2, 2023

Results of recent reports are a reminder that all bank and credit union executives need to be prepared with key information and insights about CRE credit to effectively address many of the same questions from their own stakeholders and examiners. CECL review The results of stress testing and loan reviews often inform the CECL review process.

Report 195

Report Risk Management Lending Analysis 195

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 275

Risk Management Tools Exercises United States 275

Abrigo

JULY 1, 2015

A segmentation strategy, though, is a great place to start to nail down an effective and efficient process – not only will it serve a substantial purpose for the ALLL, but also as a larger risk management tool.

Risk Management 150

Risk Management Management Strategy Lending 150

CFPB Monitor

JULY 15, 2021

The proposed guidance is based on the OCC’s existing 2013 third-party risk management guidance and includes changes to reflect that the guidance’s applicability would be extended to banking organizations supervised by all three federal banking agencies. Ongoing monitoring. Termination.

Risk Management 78

Risk Management Management FDIC Compliance 78

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

JANUARY 8, 2019

This represents a bit of information. But what has this got to do with risk management I hear you ask? For more information how IBM can help you and your organization innovate now and in the future, please visit ibm.com/regtech. So, are we reaching the end of increasing computing power? Live long and prosper.”.

Risk Management 107

Risk Management Management Course Big Data 107

Abrigo

SEPTEMBER 24, 2015

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. It’s really distilling that information into something you can make a decision from.”

Risk Management 150

Risk Management Management Conference Data 150

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. Get ready for the next credit cycle with credit department housekeeping tips from this webinar.

Lending 221

Lending How To Risk Management Policies 221

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