Credit risk

Tenaska Marketing Ventures Announces Strategic Succession Planning

Retrieved on: 
Thursday, March 28, 2024
Natural gas, Growth, CFO, Transport, TMV, Credit risk, Major, Management

OMAHA, Neb., March 28, 2024 /PRNewswire/ -- Tenaska Chief Executive Officer Chris Leitner today announced the promotion of Tim Kudron to president of Tenaska Marketing Ventures (TMV), a Tenaska affiliate and leading North American natural gas marketer. Kudron, a 28-year employee of Tenaska, board member and current chief financial officer of TMV replaces Mark Whitt who will be retiring. Current Senior Vice President of Credit Risk, Mark Soulliere will become CFO of TMV. Kudron and Soulliere will step into their new roles effective April 1, 2024.

Key Points: 
  • OMAHA, Neb., March 28, 2024 /PRNewswire/ -- Tenaska Chief Executive Officer Chris Leitner today announced the promotion of Tim Kudron to president of Tenaska Marketing Ventures (TMV), a Tenaska affiliate and leading North American natural gas marketer.
  • Kudron, a 28-year employee of Tenaska, board member and current chief financial officer of TMV replaces Mark Whitt who will be retiring.
  • "This planned succession is a testament to TMV's dedication to preserving a customer-focused culture and reinforces its leading market position," said Leitner.
  • Kudron's career at Tenaska began in 1995, where he has held various roles in corporate accounting, finance and administration.

BCT Digital ranks in Chartis' RiskTech100 2024 report for third consecutive year; moves up 6 places

Retrieved on: 
Thursday, February 8, 2024
Risk management, Big data, Self-assessment, Predictive analytics, Fintech, Credit risk, AI, GRC, Regulatory technology, Organization, ESG, Digital, Risk

BCT Digital's ranking moved up by 6 places, in recognition of its pioneering product risk and compliance management suite 'rt360'.

Key Points: 
  • BCT Digital's ranking moved up by 6 places, in recognition of its pioneering product risk and compliance management suite 'rt360'.
  • 'For three consecutive years, BCT Digital has been honored to be recognized by Chartis Research,' declares Jaya Vaidhyanathan, CEO at BCT Digital.
  • RiskTech100 is globally acknowledged as the most comprehensive independent study of the world's major players in risk and compliance technology.
  • Using a robust, repeatable methodology, it ranks the top 100 risk technology providers and identifies the top players in specific risk and compliance categories.

BCT Digital ranks in Chartis' RiskTech100 2024 report for third consecutive year; moves up 6 places

Retrieved on: 
Thursday, February 8, 2024
Risk management, Big data, Self-assessment, Predictive analytics, Fintech, Credit risk, AI, GRC, Regulatory technology, Organization, ESG, Digital, Risk

BCT Digital's ranking moved up by 6 places, in recognition of its pioneering product risk and compliance management suite 'rt360'.

Key Points: 
  • BCT Digital's ranking moved up by 6 places, in recognition of its pioneering product risk and compliance management suite 'rt360'.
  • 'For three consecutive years, BCT Digital has been honored to be recognized by Chartis Research,' declares Jaya Vaidhyanathan, CEO at BCT Digital.
  • RiskTech100 is globally acknowledged as the most comprehensive independent study of the world's major players in risk and compliance technology.
  • Using a robust, repeatable methodology, it ranks the top 100 risk technology providers and identifies the top players in specific risk and compliance categories.

First Financial Bankshares, Inc. Names Keith Morton Executive Vice President

Retrieved on: 
Wednesday, January 31, 2024
Business administration, Louisiana State University, Capital One, Senior, McNeese State University, First, Keith Morton, Credit risk, EVP, Risk management, Credit, University, Customer service, Management

ABILENE, Texas, Jan. 31, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) recently announced the appointment of Keith Morton to Executive Vice President (EVP), Houston Credit Administration.

Key Points: 
  • ABILENE, Texas, Jan. 31, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) recently announced the appointment of Keith Morton to Executive Vice President (EVP), Houston Credit Administration.
  • The announcement was made by Luke Longhofer, Executive Vice President & Chief Lending Officer of First Financial Bankshares, Inc.
    "Keith's extensive background and experience in commercial banking are assets that will contribute to First Financial Bank's lending success," Longhofer said.
  • "His expertise will provide immediate value to the our sound lending efforts as we continue to serve our customers and communities."
  • In his role, Morton will oversee the credit functions for our regions in the Houston area, contributing to the strategic objectives of First Financial Bankshares.

Dow Jones Launches Factiva Sentiment Signals Powered by Oliver Wyman

Retrieved on: 
Wednesday, January 10, 2024
Natural language processing, Credit, Marsh McLennan, Dow Jones, Credit risk, Oliver Wyman, Organization, MMC, Investment, Journalism, Treasurer, News, Natural language, Risk management

These signals surface in news media up to three months before major risk events, serving as a transparent and accurate early-warning system for corporate credit risk.

Key Points: 
  • These signals surface in news media up to three months before major risk events, serving as a transparent and accurate early-warning system for corporate credit risk.
  • We’re delighted to partner with Oliver Wyman to deliver a leading-edge, AI-powered solution that can predict credit events before traditional methods to enable smarter, faster decision-making.”
    “We’ve created Factiva Sentiment Signals, together with Dow Jones, to help clients keep a track of all companies they work with, every day.
  • We’ve taken the latest advances in Natural Language Processing and combined that with Oliver Wyman’s decades of experience in Credit Risk modeling,” said Ian Shipley, partner at Oliver Wyman.
  • “We have found that Factiva Sentiment Signals allows clients to identify all the relevant themes on companies they are interested in and to introduce an objective quantification of news sentiment in early warning credit scores.

Octane Announces the Transition of Ray Duggins to Advisory Role, Appoints Mark Molnar as Chief Risk Officer

Retrieved on: 
Thursday, January 11, 2024
Entrepreneurship, American Express, PayPal, Standard, KBRA, Bank One Corporation, Citigroup, Chase, GE Capital, Consumer, Standard Chartered, Credit risk, Operational risk, S&P, SVP, Growth

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced that it has appointed Mark Molnar as Chief Risk Officer. Molnar succeeds Ray Duggins, who has decided to transition to the role of Company Advisor after an illustrious forty-five-year career, the last seven of which he spent leading the Risk function at Octane.

Key Points: 
  • NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Octane ® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced that it has appointed Mark Molnar as Chief Risk Officer.
  • Molnar succeeds Ray Duggins, who has decided to transition to the role of Company Advisor after an illustrious forty-five-year career, the last seven of which he spent leading the Risk function at Octane.
  • Under Duggins' leadership, Octane launched its in-house lender, Roadrunner Financial ®, its in-house servicing arm, Roadrunner Account Services , and its innovative, proprietary risk model.
  • As Chief Risk Officer, Molnar will oversee all facets of Risk at Octane, including Credit Risk, Enterprise Risk, Compliance, Collections Strategy, and Operating Efficiencies.

GTreasury Customer Christian Louboutin Earns Alexander Hamilton Award from Treasury & Risk for Intercompany Netting Success

Retrieved on: 
Monday, November 13, 2023
Risk management, Credit risk, Christian Louboutin, Working capital, Credit management, Treasury, Coprocess, Communication, ERP, API

CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.

Key Points: 
  • CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.
  • The award highlighted Christian Louboutin’s strategic deployment of GTreasury Netting as part of its successful intercompany netting modernization initiative.
  • Christian Louboutin’s treasury leaders had sought a way to more accurately manage the impact of the brand’s many intercompany payments between subsidiaries without onerous manual processes.
  • We are proud of the success Christian Louboutin has achieved, and look forward to continuing to work together closely.”

Community Trust Bancorp, Inc. Announces Retirement of James J. Gartner

Retrieved on: 
Friday, December 8, 2023
Banking, Professional Services, Finance, Comptroller, Marshall University, Senior, Bank, Morehead State University, City, Credit risk, Head, Executive, First Bank System, Risk, Certified Public Accountant, Bachelor of Business Administration, Quality control, Business administration, University, Currency, Martin, Postgraduate education, Life, Master of Business Administration, Institute of Internal Auditors, Risk management, Nursing

James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.

Key Points: 
  • James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.
  • Mr. Gartner has more than 55 years of banking experience, including more than 21 years with Community Trust Bank.
  • Mr. Gartner started his banking career as a National Bank Examiner in 1968 in Rockford, Illinois.
  • Mr. Clark has worked for Community Trust Bank, Inc. for over 10 years.

Capco Names Kit Spicer as US Partner for Finance, Risk and Compliance

Retrieved on: 
Monday, November 20, 2023
Professional Services, Consulting, FRC, Risk management, Credit risk, Risk, CFA, Chartered, Morgan Stanley, Oliver, Partner, Goldman Sachs, FRTB, PRM, NYU, MBA, Kit, BlockFi, Knowledge, Capco

Capco, the global technology and management consultancy, has appointed Kit Spicer as a new Partner in its US Finance, Risk, and Compliance (FRC) practice, based in New York.

Key Points: 
  • Capco, the global technology and management consultancy, has appointed Kit Spicer as a new Partner in its US Finance, Risk, and Compliance (FRC) practice, based in New York.
  • Kit joins Capco from BlockFi, where he was Head of Credit Risk and Underwriting.
  • Kit has also held positions at Goldman Sachs working across finance, capital markets and credit risk, and at Oliver Wyman as a financial services consultant focused on capital markets risk.
  • Given ongoing ramping up of risk and regulatory initiatives and requirements, the imperative to ensure robust risk and compliance planning is more intense than ever.

Informa PLC to Host QuantMinds International Conference at the InterContinental O2 in London

Retrieved on: 
Wednesday, November 8, 2023
Citadel, Woman, Research, Derivative, Bank, Barclays, Face, InterContinental, FX, Doctor of Philosophy, Cutlery and Allied Trades Research Association, Fundamental, ANZ, Leif Andersen, Socialization, Computational finance, Imperial College London, Interest, IBN, International, FTSE, Systematic, Fudan University, London Stock Exchange, Bank of America, Quantitative analysis, University of Toronto, University, ALGO, Risk assessment, JPMorgan Chase, Columbia University, Volatility, Risk, London Business School, ESG, Regulation, LLM, Fidelity, Machine learning, Climate change, CUNY, Baruch College, ADIA, BlackRock, EDHEC Business School, Breakfast, Credit Suisse, Credit risk, Commerzbank, ML, Inflation, Toronto, Informa, Portfolio optimization, Management, Risk management, Citigroup, Mathematics, Liquidity

LONDON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- Informa PLC, a prominent international events, digital services, and academic knowledge group, is thrilled to announce its forthcoming event, QuantMinds International , the world's premier quant finance conference.

Key Points: 
  • LONDON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- Informa PLC, a prominent international events, digital services, and academic knowledge group, is thrilled to announce its forthcoming event, QuantMinds International , the world's premier quant finance conference.
  • Scheduled from November 13th to 16th, 2023, this esteemed event will take place at the renowned InterContinental O2 in London.
  • Informa’s QuantMinds International event offers a unique opportunity to explore and network in the ever-changing macroeconomic and financial landscape.
  • Informa is listed on London Stock Exchange and a member of FTSE 100, with 11,000 colleagues working in more than 30 countries.