Getting data to produce a powerful competitive advantage is within reach if you have the right tools at your disposal.
An efficient loan administration system needs efficient tracking of documentation exceptions.
A cloud-hosted portal will enable banks to integrate both risk management and financial performance analysis.
While most financial institutions strive to be ‘relationship-based’ lenders, balancing the relationship with strong credit controls is the key to making those relationships profitable.
To avoid getting blindsided by unexpected risks, financial institutions need a loan review system that properly segregates responsibilities and provides the appropriate level of depth.
An Identity and Access Management system needs to be enterprise-wide, scalable and flexible to avoid mounting costs and risks in an increasingly risky environment.
As federal regulators move towards a standardized approach to risk weighting assets, bankers should be ready with their own strategic response.
The potential threats to be warded off via vendor risk management are more extensive than most bankers realize.