On Friday, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the largest stimulus package in American history. The CARES Act provides $2 trillion in relief to Americans and American businesses impacted by the coronavirus pandemic.
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Many banks are working on ways to offer relief to borrowers given the sudden changes to the market because of the 2019 novel coronavirus. While modification options offered to borrowers vary among financial institutions and particulars of the loan itself, one of the most common being considered is a short-term suspension of required payments, often for a period of 90 days and often offered to all customers who are mostly current.
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As the COVID-19 pandemic continues to take its toll across the globe, more and more companies are mandating that their employees work from home to ensure their safety and help flatten the curve.
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SS&C Algorithmics provides leading risk analytic products and services for the financial services industry worldwide; including Balance Sheet Risk Management (ALM and Liquidity Risk), X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL) and Targeted Review of Internal Models (TRIM).
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Change Management is a structured approach to shifting individuals, teams and organizations from a current state to a desired future state aimed at helping employees accept and embrace changes in their current environment.
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In my last blog, I talked about front-end digitization and why it’s the easiest and most obvious step in your digital transformation journey. After all, what’s not to like about speedy cost reduction over a short period of time? Unfortunately, that’s where most transformation journeys end.
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Prescription Discount Card companies (also called Drug Discount Cards or Cash Cards) are often founded because socially conscious businesspeople set out to help make costly medications more accessible for the economically vulnerable. And, as complex as the prescription drug system is in the US, they have made impressive headway.
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The investment limited partnership (“ILP”) is a regulated common-law partnership structure used specifically for investment in a collective investment fund. Regulated ILPs were made available in Ireland under the Investment Limited Partnership Act 1994.
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