- About Us
Fintellix will be sharing how the impact of recent regulatory updates acts as a facilitator to realign and improve the existing data landscape, with an end-goal of creating a Next-gen Data Ecosystem to cater to the ever-changing and demanding global and local regulatory requirements.
Fintellix brings you a briefing on the automation of Risk Based Supervision, benefits and challenges with some of the foremost experts and practitioners in the field, along with a discussion on “future-proofing” compliance by making the right strategic investments.
The biggest change to the most important accounting calculation in the bank is now imminent, with FASB confirming the effective date of adoption for credit losses calculation using CECL methodologies. Banks will not only be required to change calculation methodologies and processes, but also be required to assess and acquire substantially more data. Fintellix Community Banking Solutions and Ardmore Banking Advisors conducted a 2-part webinar on FASB's November 11 and 23 meetings to explore the nuances of CECL regulations and outline a roadmap to a successful transition.
The Risk Management Association's premier annual conference will share insights on risk management, specialized lending, regulatory issues and educate community banks on how to deal with critical risk management issues faced by US banks today and that they will face tomorrow. Fintellix's Community Banking Division, together with Ardmore Banking Advisors will demonstrate its Allowance for Loan and Lease Losses (ALLL) Management Module from its Credit Portfolio Management suite, bringing a proven ALLL methodology delivered on a next generation automation platform to community banks and credit unions. More...
Held at the Sheraton Boston Hotel, MA, the Risk Management Association's (RMA's) annual risk conference shared insights on risk management, specialized lending, regulatory issues and educate community banks on how to deal with critical risk management issues faced by US banks today and that they will face tomorrow. Fintellix's Community Banking Division, together with Ardmore Banking Advisors, showcased their Credit Portfolio Management suite, focusing on the Allowance for Loan and Lease Losses (ALLL) Management Module, which offers community banks and credit unions a proven ALLL methodology delivered on a next generation automation platform.
The biggest change to the most important accounting calculation in US Credit Unions and Community Banks is imminent. With FASB's Current Expected Credit Loss model for ALLL (CECL), Credit Unions and Community Banks in the US will not only be required to change the existing calculation methodologies and process, but also be required to assess and acquire substantially more data. Together with partners Ardmore Banking Advisors and CBANC, Fintellix conducted a 2-part virtual workshop on 29 September and 7 October that assessed the impact of new FASB guidelines and outlined the roadmap for a successful transition.
The Monetary Authority of Singapore (MAS) is close to finalising the proposed revisions to the MAS 610 and MAS 1003 notices. The impact of the proposed changes is expected to be significant and banks have 18 months to implement them. Fintellix, together with global Financial Services advisory EY, global technology giant Cognizant and leading Singapore IT services provider NCS, hosted an exclusive briefing session that examined the impact of changes in MAS' guidelines and demonstrated the advantage of 'future-proofing' compliance as a strategic imperative.
Held at the Hilton Mauritius on July 24, the Fintellix CXO Briefing demonstrated how Mauritian banks can leverage a next generation platform to lay the foundation for future-proofing compliance with BOM. Together with leading XBRL technology expert Iris and Port Louis based technology services provider Mausage, Fintellix shared experiential insights on how existing data management investments can be leveraged to address current and upcoming local and global regulations such as Automated Data Flow (ADF), Risk-based Supervision (RBS), Liquidity Credit Ratio (LCR), FATCA, etc. More
Held at the Four Seasons Hotel on 11 June, Fintellix’s ‘by invitation only’ briefing had banking leaders share insights on how banks can leverage innovation to lay the foundation for future-proofing compliance with RBI. The briefing demonstrated how existing investments in Automated Data Flow (ADF) can be easily leveraged to address upcoming local and global regulations such as RBS, LCR, FATCA, etc. Sessions covered topics such as - staying ahead of the compliance curve in a demanding regulatory environment; RBI’s new RBS regime: trials and tribulations of constant compliance; building a future-ready compliance infrastructure and ideas around building a ‘compliance-proof’ bank. More.
Fintellix sponsored this year’s annual American Bankers Association CFO Exchange. Held from June 8-10 at the Hilton Downtown in Nashville, Tennessee the conference educated community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more. In association with its knowledge partner, Ardmore Banking Associates, Fintellix demonstrated its Allowance for Loan and Lease Losses (ALLL) Management Module from its Credit Portfolio Management suite, bringing a proven ALLL methodology delivered on a next generation automation platform to community banks and credit unions. More.
ABTEC is the largest and most prestigious event that convenes the entire financial technology community from across the Middle East and North Africa (MENA) region. Held between 09-10 June at the Abu Dhabi National Exhibition Centre, this year’s ABTEC shared new ideas and game-changing solutions to serve a US$13 bn per annum regional financial technology market. GCC’s premier technology solutions provider Finesse, along with India market leader for Compliance Fintellix, jointly showcased Fintellix’s next generation Regulatory Compliance solutions at booth A9. More.
With the theme 'Make Sense of Risk', the 2015 American Bankers Association’s Risk Management Forum was held from April 15 to 17 at the Hyatt Regency, St. Louis, Missouri. This year's Forum covered the range of risk areas facing today's banks, including enterprise, operational, regulatory and security to understand key insights risk managers need to identify, monitor, measure and control risk across the banking enterprise. Fintellix showcased its Cloud-based ALLL Manager product built on its future-proof next generation Data Platform at the Forum. More.
Fintellix along with EY, hosted an exclusive webinar to examine how banks should navigate the Risk-based Supervision journey and how the existing Automated Data Flow (ADF) infrastructure can be leveraged for tackling current and future regulations including Risk-based Supervision (RBS), Liquidity Credit Ratio (LCR), etc. Pratik Shah, Partner - Financial Services Risk Management - EY and Vivek Subramanyam, CEO - Fintellix shared the 'must-knows' for banks to stay ahead of the compliance curve.