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Collateral Monitoring Processes

Question: 
What are some best practices for collateral monitoring?
Answer: 

Collateral monitoring is a vital process for banks, especially from a risk management standpoint. Banks must implement processes to perfect collateral and ensure that collateral is properly insured and monitored for value changes. Automating your exception reporting workflow is one way to ensure scalable collateral monitoring and reduce risk.

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Read our article, "4 Failures to Avoid with Bank Risk Management Software" for more details.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 02/23/2020

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