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How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.

FDIC requests input on tech assistance

In its Financial Institution Letter FIL-29-2019, the FDIC announced it has issued a Request for Information seeking feedback on the FDIC's methods and efforts to provide technical assistance. The request asks for information on additional steps the agency could take to support effective management and operation of FDIC-supervised institutions through technical assistance and collaboration on safety and soundness and consumer compliance matters. Comments on the Request for Information will be accepted for 60 days after publication in the Federal Register.

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