by Brian Pillmore | Sep 14, 2023 | Brian's Blog
Traditional banking decision processes involve numerous manual efforts, countless hours, and a significant amount of human error. The shocking reality? Up to 35% of these efforts can result in misdirected actions, costing banks billions every year! By amalgamating...
by Brian Pillmore | Sep 12, 2023 | Brian's Blog
Sounds ambitious, right? Now, let’s place this ambition in the context of a community bank located north of Edmond, Oklahoma. This bank found itself in a conundrum. How to benchmark performance against a custom set of competitors that truly mirrored its unique...
by Brian Pillmore | Sep 9, 2023 | Brian's Blog
Think about the banking sector 10 years ago. Stacks of ledgers, hordes of data, but limited insights. Now, fast-forward to the present. We’re not just collecting data, we’re making it work. Welcome to the era of BIAS – Bank Intelligence and Action...
by Brian Pillmore | Sep 8, 2023 | Brian's Blog
Remembering those days brings back good and painful memories. As an FP&A Analyst, there are some skills you’ve gotta have in your toolkit. Here they are: Financial Acumen: Understand the financial theory and be able to apply it. It’s the bedrock of...
by Brian Pillmore | Sep 8, 2023 | Brian's Blog
Let’s talk do’s and don’ts. Do: 1. Stress Test: Bad times don’t send a warning, but you can be better prepared. Regular stress testing helps. 2. Diversify: You know the saying, don’t put all your eggs in one basket? Same goes for your...
