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.
Fed issued 5 outstanding CRA evals in October
Our monthly review of the Federal Reserve Board's released CRA evaluations revealed that the Board made public 17 evaluations of member banks in October, 12 of which were given a "satisfactory" rating. Congratulations to these five banks, whose evaluations were rated "outstanding":