2022 A Major Policy Shift
2022 will be a major turning point for central bank policy, growth, and inflationary pressures.While the environment will be more volatile and challenging, institutional risk appetite will need to be recalibrated in anticipation of risk hotspots and particularly mindful of early warning signals.
Digitizing Domains: Trends and opportunities for Canadian financial institutions
Most mid-sized and large banks are running the core banking software that is more than 30 years old. In the intervening decades, we witnessed the internet transform the world, commerce move to the mobile device and computing move to the cloud.
Transforming Core Banking Systems
Core transaction processing engines - or “core banking systems”- are at the heart of IT architecture and are increasingly important not only in terms of pure cost and performance but also in terms of processing transactions in real time, being able to stitch together partnerships with tech companies, e.g., allow API access.
Liquidity Coverage Ratio: Top-down Stress Testing
The Basel Committee on Banking Supervision (BCBS) has developed two standardized liquidity measures intended to gauge and regulate liquidity risks. The first measure is called the Liquidity Coverage Ratio (LCR) and indicates the short-term liquidity risks.
Newsletter: Featured Insights Series - Issue 6 | July 12 2021
Rolling public health restrictions, the ebb and flow of COVID-19 infections have forced Ontario to a K-shaped recovery. Certain sectors continue facing difficulties whilst other areas are largely insulated such as retail, manufacturing, construction, the resale homes and related sectors.
Newsletter: Featured Insights Series - Issue 5 | May 07 2020
Ontario’s 2020 macroeconomic results tell us that the worst has been avoided. Initial estimates suggested contraction in the GDP by 9.0% vs. 5.7% (realized). Better than expected results can partially be attributed to red-hot real estate market as was evidenced by growth in housing starts.
Canadian Credit Unions: Regulatory Accreditation of ICAAP Solution
BankingBook Analytics (BBA)’s model-based ICAAP solution is now accredited by Canadian regulatory authorities. Our solution is developed in compliance with the local and international regulatory requirements.
Newsletter: Featured Insights Series - Issue 4 | March 2021
Digital migration is now a key cost reduction lever for banks and credit unions. In the Post-COVID phase of customer migration from branch to digital, every aspect of face-to-face and voice-to-voice interaction needs to be mapped and evaluated for digitization.
Blowing the Whistle on Bad Profits
In this bi-monthly LI article, I discuss various issues surrounding the different perspectives of managing expected return, i.e., from debt holders and shareholders viewpoints and propose how the two conflicting views can be converged and what tradeoffs are required.
CEO’s Year-end Message: Giving Control Back to Our Clients
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