HEIGHTENED FOCUS ON ASSET LIABILITY MANAGEMENT
Recent stresses in the financial sector are causing risk professionals to want more from ALM analytics and technology
A volatile business environment, evolving regulatory requirements, more integrated approaches to risk management, and technology change all signal a need for best practices in asset liability management (ALM)
Celent and SAS went to the market to see what issues are key to banks and where they are in the journey—in each region of the globe. These are the results of a global survey of 266 Risk, Treasury, Finance, and IT professionals
With its mission of ensuring a firm’s long-term stability and profitability, ALM is a crucial function in risk management. ALM was originally developed as a best practice to cope with the fluctuating interest rate environment after the global recession of the 1970s
Today, as rising interest rates are again roiling the industry and triggering dramatic bank failures, banks are aspiring to strengthen their ALM and liquidity risk programs