360factors Launches FRED Integration for Predict360 Risk Insights

Using Predict360, banks and financial services organizations can now access the over 800,000 economic data metrics available in FRED and link those metrics to their specific risk appetite levels along with their internal Key Risk Indicator (KRIs) and operational metrics all in one system, enabling them to quickly identify and recognize when risks exceed the bank's risk tolerance or appetite level. Predict360 Risk Insights identifies existing risks operating outside of tolerance and predicts emerging risks using Artificial Intelligence (AI) to augment internal and external risk data. These insights help drive executive decision-making and enable financial organizations to increase profitability, accelerate innovation, and improve productivity. FRED is an online database of economic data series from various national, international, governmental, and commercial sources. By incorporating FRED metrics into Predict360 Risk Insight's KRI Engine, 360factors' customers can combine internal and external metrics to identify emerging risks and growth opportunities.