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.
Federal Reserve adjusts rates in Regs A and D
The Federal Reserve Board has published in this morning's Federal Register amendments to Regulation A and Regulation D to reduce, respectively, the rate for primary credit at each Federal Reserve Bank, and the rate paid on required reserves and excess reserves. The changes to both regulations are effective today, and affect rates charged or paid beginning October 31, 2019.