newsletter
Benefits of Implementing Economic Capital Software
Nov. 3, 2020
Generally speaking, Canadian credit unions and mid-sized banks are well-capitalized. So, the question really becomes what are the benefits of implementing Economic Capital ECAP system?
newsletter
The CFO: A Catalyst for Change in Uncertain Times
Aug. 31, 2020
As the debt forgiveness period winds down, concerns about what happens in the post-debt holiday period begin to emerge. Most financial institutions, including mortgage insurers, offered a three to six month deferral period to retail and non-retail borrowers. According to BBA’s research, an estimated 20% - 40% of the loan book exposure went on payment holiday as a result of the abrupt stop in economic activity.
newsletter
Road to Recovery: A Strategic Planning Blueprint
June 15, 2020
Much has been written in recent years about the potential for broadening the role of CFOs at financial services organizations, including credit unions. Of special concern has been the extension of the CFO’s traditional finance and comptroller role to include greater involvement in sophisticated strategic planning and external communication, and to foster better cooperation with risk management.
article
CEO’s Year-end Message: Giving Control Back to Our Clients
Dec. 22, 2020
Our goal, our vision as a firm is to help mid-sized financial institutions get the control back by developing affordable, customized analytics software in a fundamentally better and more convenient way. The entire experience is aimed at building trust and improving the return on investment. At the start of 2020, we embodied a purpose statement for our firm - articulating what each of us has long felt is our firm’s reason for being
article
Integrating Macroeconomic Scenarios in Stress Testing Workflow
Dec. 3, 2020
This article describes how an advanced testing methodology can protect financial institutions from the risk of unknown shocks by integrating alternative macroeconomic scenarios into their stress testing workflow.
article
Managing Mortgage Prepayments Using Logistic Regression
Sept. 30, 2020
As rates drop, lenders are likely to see a flurry of requests to switch mortgages. Mortgage redemptions could be expensive from many aspects. For starters, a mortgage repayment can leave a lender with out-of-pocket charges,
webinar
BANKINGBOOK WEBINAR SERIES 2 - Episode 1
Digitization of Enterprise Risk Management on October 28, 2020, at 5:00 pm EST
webinar
BANKINGBOOK WEBINAR SERIES 2 - Episode 2
Maximizing Deposit Margin and Growth in Low Rate Environment on November 18, 2020, at 5:00 pm EST
webinar
BANKINGBOOK WEBINAR SERIES 2 - Episode 3
Managing and Forecasting Cyber Risk on December 9, 2020, at 5:00 pm EST
news
The financial sector leads in every category of security program success
Financial institutions report noticeably higher rates of success in achieving security program goals as compared to other industries, according to a recent study.
news
How employees view and manage company security
As many companies continue to grapple with a remote workforce, overall employee security measures become more critical, especially as many are relying on personal devices and networks for work.
news
Tech Leaders Share 10 Ways Individuals Can Guard Against Ransomware
Ransomware can cause devastating damage for both individuals and businesses; that is why businesses must educate their team members on protective measures to decrease ransomware attacks.