Who Is Managing Whom? Utilizing FTP As A Cornerstone For Proactive Margin Management

FMS Financial Managers Society; authored by Bryan Ridgway and Kenneth M. Levey 
April 19, 2016

For the better part of two decades, financial institutions have watched their net interest margins diminish in response to a host of factors, including a historically low interest rate environment, a flattening of the yield curve, the growth of deposit accounts, shrinking loan portfolios and a shift in balance sheet structures.

Budget Spreadsheet Upgrade Helps Credit Unions Excel

When crunching budget numbers, complex credit unions with several branches and departments might feel like they are searching for a needle in a haystack. Error-prone Excel spreadsheets pose challenges with data integration, integrity and report publishing.

To combat those errors and inefficiencies, many credit unions are rethinking spreadsheets by implementing performance management platforms that assist with budgeting and strategic planning.

Accelerate Performance through Planning: How to Ensure Your Creation of a Data-Driven Plan

(Part 2 of a 3-part blog series) Financial institutions with effectively developed and executed strategic plans have a clear competitive advantage, but such institutions are all too limited in number. Leaders often cite the lack of appropriate data and tools as a reason that strategic initiatives lose momentum amid the daily “fire drills” in financial institutions.

Accelerate Performance through Planning: Best Practices for Achieving Value

(Part 3 of a 3-part blog series) Preparations for the 2018 budgeting process are underway in financial institutions. Few people relish the experience, which is often characterized by long hours and vast differences between the future financial performance executive stakeholders want and what management can deliver. Aligning strategic plans with tactical plans and associated budgets often does not occur or the linkages among these pieces are weak.

A Resurgence of Profitability Analysis for Financial Institutions: Defining the Challenge

The banking industry is full of hope with expectations of higher interest rates and decreased regulation. However, banks and credit unions still find themselves mired in one of the most challenging environments in history—an environment that is wrought with significant competition, substantial regulatory requirements, increased consumer and technology demands, and a prolonged period of languishing financial results:

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