Industry Insights


Leveraging the vast store of knowledge and expertise available through the providers of ABA Endorsed Solutions, we are happy to present high-value thought leadership resources from these companies.

June 2017​​

Data Analytics and Compliance: Why Big Data Is a Big Deal
Crowe Horwath LLP
This article takes a look at the increasing role of data in financial institutions and explains why banks need to employ data analytics not just in their business decision-making but also to monitor their compliance. It examines the potential advantages and challenges of using data analytics for compliance purposes and describes the prerequisites to success.


 

 Past Industry Insights

 

May 2017

General Account BOLI Sales Dominate Market in 2016
Equias Alliance
In 2016, bank-owned life insurance (BOLI) sales fell $804 million from 2015 to $3.244 billion, but the percentage of banks with BOLI policies increased to 62.2 percent, up from 60.5 percent the year before.  In this article, David Shoemaker and Ken Derks from Equias Alliance outline the facts as to why general account BOLI sales dominated the market in 2016.  The original article was published on BankDirector.com.  

April 2017

Q4 2016 Findings on BOLI Holdings Now Available
Equias Alliance
Equias Alliance in partnership with Michael White Associates has published the Equias Alliance/Michael White BOLI Holdings Report™ for the period ending December 31, 2016.  This study is produced on a monthly basis to monitor and assess trends in the bank-owned life insurance (BOLI) market. It analyzes BOLI holdings from a number of different perspectives, including by type and size of institution, type of BOLI asset and amount of cash surrender value held by banks. BOLI assets reached $161.8 billion at December 31, 2016, reflecting a 3.6% increase from $156.2 billion as of December 31, 2015. The data also shows that the percentage of banks holding BOLI assets and the amount of BOLI assets held by banks continues to increase. Download the report.

10 Steps to Implementing an Effective Third-Party Risk Program
Crowe Horwath LLP
While many banks have fortified their risk management programs, many take a reactive approach rather than a comprehensive organizational stance. This checklist provides details on how banks can streamline the implementation and optimization of an effective third-party risk program.

March 2017

Five Building Blocks for a Healthy Relationship with Regulators 
Crowe Horwath LLP
A bank's relationship with its regulators is critical at a time when enforcement actions are high and regulators' presence is constant both during and between examinations. Crowe Horwath provides guidance for cultivating a healthy and ongoing relationship with regulators.

February 2017

Reverse Mortgages: From Stigma to Smart Strategy
Reverse Mortgage Funding
According to a number of recent articles and retirement researchers, the reverse mortgage is a valuable tool for older Americans who are facing financial uncertainty in retirement. Spurred on by a number of positive reverse mortgage product and program changes that have been implemented in the last few years, a recent wave of support from wealth management experts and academics has not only helped to sway public opinion, but also provided educated insight into the essential strategic uses of a reverse mortgage.

January 2017

Perspectives from the 2016 Crowe Bank Compensation Survey
Crowe Horwath
Every year, Crowe Horwath LLP surveys banks across the United States about compensation trends, benefits, incentives, and other human resource issues. The 2016 survey drew responses from 378 participants, representing a broad cross-section of the banking industry. The new survey data show that the competition for talented banking industry executives and employees is intensifying, and banks are applying a range of strategies to attract, motivate, and retain productive team members.

Are You Getting Day 1 Certainty Yet?
Fannie Mae

Day 1 Certainty™ gives banks increased efficiency and freedom from representations and warranties on key mortgage loan components. Leverage the Day 1 Certainty™ offerings from Fannie Mae to serve your customers through even more efficient origination, processing, and closing of mortgage loans.

Questions? Please contact Jackie Lucas for more information.