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Banker's Toolbox solidifies its position as the premier solution for fast-growing financial institutions with the release of BAM+ 4.0 upgrade.
Banker's Toolbox continues to lead the BSA/AML and Fraud prevention marketplace with the release of BAM+ 4.0. This solution provides increased detection with more versatility, transparency and control. BAM+ 4.0 also boasts a new customer due diligence platform, Due Diligence Manager, which will keep institutions compliant with the impending beneficial ownership mandates. (Read full press release here.)

Supervisory Insights focus on credit MIS

The FDIC has issued the Winter 2017 issue of Supervisory Insights, which includes articles on credit Management Information Systems (MIS) and recent results from the FDIC's Credit and Consumer Products/Services Survey. The survey results show that about one in ten banks may be considered to be at "high" credit risk, down from about 42 percent in 2010, when banks were in the middle of a backlog of classified loans. However, almost 70 percent of banks had either a credit or funding concentration.

The article on credit MIS emphasized the need for incorporating forward-looking risk indicators, rather than relying on delinquencies and charge-offs, which tend to be lagging indicators.

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