The imperative for financial institutions (FIs) to continuously add new technology capabilities drives them to evaluate existing systems to mode…
Craig Focardi, CMB
Insights
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21 March 2024
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13 March 2024
Retail loan origination requires the interplay of many internal and external systems to originate, underwrite, and close a loan. These processes…
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12 February 2024
The UK residential mortgage lending market is large and attractive to financial institutions based on the large transaction sizes and revenue pe…
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13 December 2023
The migration of on premise banking applications to private and public cloud deployment has been underway for over a past decade.Early migration…
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14 November 2023
The economic shocks of 2023 appear to have calmed, but financial conditions remain far from easy for retail banks and their clients. For banks,…
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8 November 2023
Among the many US federal policy changes, laws, and Federal Reserve actions initiated during the pandemic, loan forbearance has so far proven to…
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5 October 2023
Next week’s US Mortgage Bankers Association (MBA) Annual Convention in Philadelphia (https://www.mba.org/conferences-and-education/annual-conven…
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21 August 2023
The current banking crisis in 2023 has so far focused on large regional and national banks that have had liquidity issues leading to a bank run…
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3 June 2023
The current banking and business market cycle highlights the critical need for risk management platforms, data, analytics and models. Rising inf…
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16 May 2023
Celent recently hosted an in-person event, Navigating Turbulence, in New York City. I had the great opportunity to lead the cloud computing sess…
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11 May 2023
It used to be that one could revisit the market for core platforms every few years and find that not much had changed. Banks had little appetite…
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28 April 2023
Celent has released a new survey-based report specifically for retail lending channel owners that covers digital loan technology adoption by ban…
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27 April 2023
Rising interest rates since early 2022 have reversed the lending environment of recent years—when making more loans and making money was relativ…
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27 March 2023
One of the main visions of fintech innovation in banking during the past decade has been the creation of new digital banking marketplaces enable…
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18 March 2023
Many homeowners who’d like to move are staying put because they have an attractive mortgage rate that they don’t want to give up; a portable mor…