Highlights from the 2017 Financial Institutions Conference

By Alex Driscoll

Three business people communicating

During the 2017 Financial Institutions Conference, Lauren Smith, director of Accounting Policy and Research at SS&C Primatics, participated in the CECL Implementation Strategies Panel. During the session, panelists discussed their experience working with banks as they transition to the CECL reserving standard, which takes effect in 2020 for SEC filers and 2021 for all others. Continue reading

Precision LM 3.0: The best technology to meet agency reporting requirements

By Bishal Thapa

Precision LM 3.0

Government-sponsored enterprises (GSEs) like Fannie Mae have been providing liquidity and stability to the multifamily mortgage market for more than 30 years.

The Delegated Underwriting and Servicing (DUS) network plays a critical role in the execution of Fannie Mae’s multifamily business – DUS lenders adhere to intense credit and underwriting standards as mandated by the agency. To ensure they meet ongoing reporting and compliance requirements like these, lenders must use technology that is sound, automated, and efficient.

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The proliferation of debt funds

By: Nicolas Grenie

Belgium, Brussels, European Commission, European flags at Berlaymont building
Belgium, Brussels, European Commission, European flags at Berlaymont building

Small- to medium-sized enterprises (SMEs) in the U.S. obtain the bulk of their funding from capital markets through debt or equity issuance. However, in Europe, the majority of loans to SMEs come from banks. Regulations like Basel III are changing this. Continue reading

Defining a successful CECL implementation at the AICPA Banking Conference

By Lauren Smith

Double exposure money pile coin on computer laptop. Business online success concept

Financial industry professionals will gather September 11-13 in National Harbor, Maryland, at the AICPA conference to learn about the latest developments in the banking industry. Once again, FASB’s new credit loss accounting standard ASC 326-20, more commonly referred to as “CECL” (Current Expected Credit Loss) will take center stage.

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Construction lending and servicing: What’s the right technology?

By Bishal Thapa

Effectively managing the complexities of construction loans can be challenging for lenders and servicers. Whether you are tracking all sources and uses of funds, reconciling your budgets, managing inspections, or reporting on the project, a real-time, automated technology solution is critical for success. Continue reading

Getting the most out of DBC

By Kade Boone

Learning how to streamline a software program is an often overlooked, yet critical, aspect of making the most of time spent and minimizing mistakes. While most focus only on inputting information, there are a few key ways you can streamline DBC Finance to maximize your output.

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Changes in the investment management industry: Are you ready to adapt?

By Bryan Bashaw

There are some big changes happening in today’s investment management industry. Experts agree that these changes will continue and firms must be prepared to adapt. This shift is happening across products, business models, and the way in which clients are served, which poses some challenges.

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