BankersLab – Murrow Consulting Group

MCG and BankersLab Launch InsightLab

MCG and BankersLab announce a game-changing partnership to launch InsightLab—an integrated platform that pairs MCG’s market intelligence with BankersLab’s simulation engine to deliver real-time stress-testing, scenario analysis, and portfolio optimization tools - Press Release

What If You Could See the Future… And Then Choose It?

Simulate Strategic Decisions Before You Act

Amidst economic, competitive, or regulatory uncertainties, decision makers have traditionally relied on historical analysis and judgment. Now, technology allows board members and business leaders to use digital twin* simulations alongside the traditional methods to assess alternative decision outcomes before committing resources.

* Digital Twin is a virtual replica of an institution's programs, products, and interdependencies. It is a dynamic, data-driven sandbox and a risk-free environment to pressure-test strategic decision alternatives.

The Challenge

Economic and other uncertainties have heightened risks, adding volatility to strategic decisions, affecting customers and the local economy. With ongoing uncertainties, local businesses and consumers are increasingly concerned about the future. Community and regional banks must prepare for adverse scenarios, including:

Declining loan demand
Increased defaults and fraud
Accelerated deposit runoff
A rise in cyber incidents and data breaches
Heightened risk of acquisition

The Opportunity

Innovations now allow the use of digital twin and other simulation platforms to simulate and strategize confidently, without risking data privacy or security. Business use case topics for small-medium sized banks include, but are not limited to:

Strategic growth from risk-based pricing and profitability
- Interest Income products
- Fee income products
- Other Fee income, e.g., Wealth Management, fintech partnerships
Operations optimization (downstream effects from strategic growth)
- Operations (process, staffing, technology)
- Risk Management (Loss Given Default, Risk Appetite)
- Capital (capital limits, buffer)
- Treasury (liquidity, funding sources/costs)
- Regulatory Compliance and Contingency Planning

Digital twins use anonymized data, reducing regulatory, internal compliance, data privacy, and cybersecurity concerns. It requires no massive expenditure on computing infrastructure or the hiring of a team of data scientists.

How It Works