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CRA compliance: A data-driven strategy

Abrigo

Data collection and analysis will be key to complying with the CRAs expectations for enhanced data collection, expanded assessment areas, and tiered performance evaluations, Transform CECL data into stress testing insight. Create dashboards and regular reports that track performance against key CRA metrics.

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5 Critical lender dashboards & reports for credit leaders

Abrigo

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. Takeaway 2 A key component of business intelligence is identifying which data generates the most effective lender dashboards.

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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results."

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10 Reports every bank and credit union should run NOW

Abrigo

Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards. A banking intelligence solution purpose-built for banks and credit unions should combine analytics and intuitive dashboards to make it easier to make data-driven decisions.

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What is a Loan Origination System (LOS)?

Abrigo

Regulatory demands Demands related to the allowance for loan and lease losses (ALLL) or the current expected credit loss (CECL), as well as for Dodd-Frank stress testing and other regulatory regimes are requiring lenders to justify and document their risks and decisions in detail. enterprise-level risk. growth opportunities.

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Managing credit concentration risk

Abrigo

Centralizing review data and applying consistent risk rating methodology across the portfolio helps credit risk teams: Tag and analyze loans by concentration categories (e.g., They can evaluate risk rating consistency and assess borrower performance within those concentrations.

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A step-by-step guide to financial institution strategic planning

Abrigo

Identify your questions about the institution and what data and dashboards you need to answer them. A banking intelligence system can provide dashboards that are based on roles within the financial institution, paving the way for better decision-making. Finally, King warns against siloing your goals.