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The Kinective Blog
OmniLytics CECL, A Simplified NXTsoft Solution
Is Your Financial Institution Ready For CECL? Learn How NXTsoft s Solution Makes CECL Implementation Easy Call Today!
Dealing with the Approaching CECL Directive
CECL replaces the incurred loss methodology (ILM) because increases in allowances occurred too late in the business cycle under ILM.
NXTsoft Experiences Over 5x Increase in CECL Sales in 2021
NXtsoft sees uptick in CECL sales to financial institutions, recommends financial institutions adopt CECL now so that the CECL calculations can be run in parallel with their current allowance for loan loss (ALLL) calculations in advance of deadline.
NXTsoft Increases Breadth of Robotic Process Automation Offerings via its Omni Product Lines
RPA is an application of technology, driven by business logic and structured inputs, that aims at automating business processes.
The Dilemma: Should You Outsource ALM? with Tom Parsons | NXT Up! Episode 3
In our next episode of NXT Up! Live, we discuss the ins and outs of ALM outsourcing with Tom Parsons from NXTsoft’s OmniLytics platform. How can you avoid exam comments? Is outsourcing worth it?
COVID-19 Creates Liquidity Concerns For Financial Institutions
Despite all these efforts, the liquidity concerns for banks remain. How many loan payments will be missed? Which loans will need to be modified or extended, and which will default? How much will deposit accounts be drawn down to offset income interruptions? Will there be additional circumstances that might trigger a run on deposits?
COVID-19 Brings The Spotlight Back to Stress Testing
Stress test your portfolio to get the answers you need to beat this pandemic.
Join NXTsoft for a Webinar on Introduction to ALM Outsourcing
Join NXTsoft for a Webinar on Introduction to ALM Outsourcing
Financial Trends Around The World
We understand that not all that much changes from day to day in the life of financial institution management. Sure, new regulations like CECL come along and require new data collection and analysis techniques. New methods for Asset Liability Management (ALM) analysis are released and considered occasionally. As such, NXTsoft thought it would therefore be interesting to look at some of the differences between how things operate here in the United States and other parts of the world.
3 Takeaways for CEOs from the FDIC Supervisory Insights
What can CEOs learn from the FDIC Supervisory Insights?
Understanding Optionality on a Bank or Credit Union Balance Sheet
The experts at NXTsoft can help you understand optionality on a bank or credit union balance sheet. Learn more here!
Measuring With A Model
Measuring With A Model
