Alkami Technology’s Post

How can your financial institution safely meet strategic goals while navigating the evolving regulatory environment? Read our latest blog from product marketer Molly Irelan that covers: 🔹 Our comprehensive third-party risk management program 🔹 Our strategically integrated fintech partner ecosystem 🔹 How these initiatives can reduce the burden on your operational teams Discover how partnering with a digital banking solutions provider can simplify vendor management and strengthen your institution's risk management practices. #FinancialInstitutions #VendorManagement #RiskManagement #Compliance #PartnerProgram

How can your financial institution safely meet strategic goals while navigating the evolving regulatory environment? Read our latest blog from product marketer Molly Irelan that covers: 🔹 Our comprehensive third-party risk management program 🔹 Our strategically integrated fintech partner ecosystem 🔹 How these initiatives can reduce the burden on your operational teams Discover how partnering with a digital banking solutions provider can simplify vendor management and strengthen your institution's risk management practices. #FinancialInstitutions #VendorManagement #RiskManagement #Compliance #PartnerProgram

How can your financial institution safely meet strategic goals while navigating the evolving regulatory environment? Read our latest blog from product marketer Molly Irelan that covers: 🔹 Our comprehensive third-party risk management program 🔹 Our strategically integrated fintech partner ecosystem 🔹 How these initiatives can reduce the burden on your operational teams Discover how partnering with a digital banking solutions provider can simplify vendor management and strengthen your institution's risk management practices. #FinancialInstitutions #VendorManagement #RiskManagement #Compliance #PartnerProgram

🚀 Exciting news! Vantage Bank has partnered with Cable to elevate compliance and risk management for their embedded banking program. This strategic collaboration ensures full regulatory compliance and scalable growth. Learn more about how this partnership is transforming the #EmbeddedBanking industry. #Banking #Fintech #Compliance https://hubs.li/Q02JdTBb0

Facing the intricate web of #audit and #regulatorycompliance demands, Bank ABC leveraged SAI360's GRC platform to turn obstacles into strategic advantages. This partnership led to a streamlined, efficient approach to governance, risk, and compliance, offering: ***Enhanced audit capabilities*** ***Unified risk and compliance oversight*** ***Streamlined processes and increased operational efficiency*** ***A culture shift towards proactive risk management*** Curious about the specifics? Dive into our use case to see the measurable impact of SAI360 on Bank ABC's journey towards integrated GRC excellence.   👉 https://lnkd.in/enrKW4qF #Banking #Finance #Audit #RiskManagement #Compliance #Innovation #SAI360 

Revolutionize KYC in finance with Corporate Digital Identity, streamlining onboarding and enhancing customer experience while bolstering risk management. #FinancialServices #Innovation #KYC #CDI #bankingindustry #NFT #finance #fintech https://lnkd.in/evaQwGz3

Successfully navigating the risks in #TreasuryManagement implementations demands a comprehensive and proactive approach. #Banks must prioritize clear communication, involve key stakeholders at every stage, and implement robust risk mitigation strategies to ensure the smooth deployment of #Treasury Management systems that align with their business objectives. Learn how #GLF helps banks examine the potential risks linked to Treasury Management #implementations - https://lnkd.in/gqnYSrih #GoLiveFaster #USBanking #BankingTech #TreasuryManagement #RiskMitigation

By meticulously testing #configurations, validating #security protocols, and conducting thorough quality assessments, #QA teams act as guardians during the implementation process. Their vigilance helps identify and mitigate risks early on, preventing potential disruptions in production. The importance of QA teams lies in their ability to uphold the integrity of the system, ensuring that it aligns with business requirements, functions seamlessly, and ultimately contributes to a robust Treasury Management solution. Before you proceed, make sure to check out the critical areas demanding meticulous attention during your Treasury implementations- https://lnkd.in/gqnYSrih #GLF #GoLiveFaster #USBanking #BankingTech #TreasuryManagement #RiskMitigation

How Fintechs Can Prep For Working With Banks Fintechs can effectively prepare for building partnerships with banks by emphasizing the importance of regulatory compliance and risk management. To deepen successful partnerships with banks, fintechs are encouraged to engage early with a bank’s compliance teams, understand residual risks, and ensure secure data sharing. Additionally, highlighting the need for a long-term plan and thorough preparation for due diligence will gain a bank’s trust. Critical items to consider: ➡ Ensure Regulatory Compliance: Prioritize having your regulatory framework and controls in order. ➡ Engage Early with Compliance Teams: Collaborate with a bank’s risk and compliance personnel from the start. ➡ Understand and Mitigate Residual Risk: Identify and manage any residual risks associated with your partnership. ➡ Prepare for Data Sharing: Implement robust systems for secure data exchange. ➡ Develop a Long-Term Plan: Show your capability for ongoing monitoring and risk management. ➡ Study Regulator Guidelines: Keep up-to-date with regulatory guidance and enforcement actions. ➡ Be Ready for Due Diligence: Have detailed financial, legal, and operational documents prepared. https://lnkd.in/ev_Z96Vg

Banking compliance is crucial for maintaining trust & integrity in the financial sector. Our latest guide covers all you need to know about compliance regulations, risk management, and best practices for 2024. #banking #compliance #management #bestpractices