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Profits from Losses? :MST Talk Video

July 22, 2016
Read Time: 0 min

So how can a financial institution find profits from losses? Graham Dyer, Senior Manager, National Professional Standards Group, Grant Thornton, LLP, explored this topic at the 2016 National ALLL Conference in May.

Your bank or credit union generates high-cost, high-quality information that feeds into the ALLL estimation process. There may be untapped opportunities to use this information to improve operations and profitability.

In this MST Talk video, Graham discusses four opportunities to manage financial institutions more profitably using data gathered in the estimation of loss reserves.

1. Reduce time in loss discovery period.

2. Identify sources of loss and address.

3. Link lender compensation to long-term loan performance.

4. Enhance pricing and product selection.

Watch the video now.

MST Talk videos  You’ve heard of TED Talks, those quick videos filled with information that makes you think. Now there are MST Talks, short videos on the ALLL, CECL and everything you need to know about transitioning from an incurred to an expected loss allowance model. The videos are of industry experts who presented at the MST 2016 National ALLL Conference in May. We will release the series, one by one, over the coming weeks. Click here to access the playlist of released MST Talk videos.

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