Regulations Continue to Stay Top of Mind for Foreseeable Future

Regulations Continue to Stay Top of Mind for Foreseeable Future

Nearly ten years after the financial crisis, the long shadow it has cast has started to fade – except with respect to regulations. From the new CECL standards to HMDA, compliance remains top of mind for bankers.   In the past, bankers relied on their experiences and knowledge to understand the various requirements. Now, these regulations are embedded […]

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The Keys to Loan Segmentation Success

The Keys to Loan Segmentation Success

As any banker can appreciate, portfolio theory is worthy of a Nobel Prize, literally. In 1952, Harry Markowitz – all of 25 years old then – developed the paradigm that blew away Nobel judges and influenced countless financial services professionals. And who in turn influenced Markowitz? Turns out the Bard was on Markowitz’ reading list, as he quoted “The […]

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A Balancing Act: The Need for Automation and Human Element in Portfolio Risk Management

A Balancing Act: The Need for Automation and Human Element in Portfolio Risk Management

Stephen Hawking predicted that the “rise of artificial intelligence is likely to extend job destruction deep into the middle classes, with only the most caring, creative, or supervisory roles remaining.” So far, this has proven true. The first Industrial Revolution saw machines replace labor, but that was limited to physical jobs. Today, we’re seeing the […]

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