I've been thinking about portfolio management and the use of portfolio management information. My thoughts have centered on the need for financial institutions to gain more value from existing data sources and how else this information could be used.
There are many technology solutions on the market today to help manage your commercial collateral, but this has not always been the case. Increased and more complex regulatory reporting requirements has changed the way that core solution providers view collateral, and has driven this change.
So, what are your bank’s goals for improving risk management?
It is that time of the year when we all set goals to improve health or mind with the obligatory New Year’s resolutions. So why not set goals for change within our institutions, since that is where we’ll spend the vast majority of our time? What are your bank’s goals for improving risk management?