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.

bankingbook, loanbook, riskreturn, ecap, CAPM, beta, banks, creditunionsrock

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

Integrating Macroeconomic Scenarios in Stress Testing Workflow

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.

CreditUnions, Banks, Stress Testing, Federal Reserve, Bankingbook, Analytics_bb, Fintech, Analytics

Newsletter: Featured Insights Series - Issue 3 | November 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?

EconomicCapital, CreditUnions, Finance, Management

Managing Mortgage Prepayments Using Logistic Regression

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,

CREDIT RISK, PROCESS REDESIGN

Newsletter: Featured Insights Series - Issue 2 | September 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.

CREDIT UNIONS, CAPITAL, RISK, MANAGEMENT, COVID-19, FINANCE, CFO, CHIEF FINANCIAL OFFICER

Forecasting the Impact of COVID 19 on Credit Portfolios

This article focuses on developing an approach to determine the impact of COVID 19 on credit portfolios.

BANKS, CreditUnions, FinTechs, CreditInstitutions, CEOs, CROs, CFOs, COOs

Newsletter: Featured Insights Series - Issue 1 | July 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.

CREDIT UNIONS, CAPITAL, RISK, MANAGEMENT, COVID-19, FINANCE, CFO, CHIEF FINANCIAL OFFICER