Auditing and validating asset liability management models
Once data and parameters have been set and finalized, it can be used as a quick validation cross check on reports being generated.
It uses a number of simplifying assumptions and approximations to test if the ILAAP and ALM platform being tested is generating accurate reports.
PROFITstar ALM Budgeting allows institutions to track scenarios with built-in strategic monitors that automatically create audit trails.
Multiple scenarios can be created and compared to determine the most profitable strategic direction.
This ALM solution also allows institutions to track "what-if" scenarios with strategic monitors that automatically create audit trails, analyze market risk in response to interest rate risk regulatory requirements, determine the accurate value for FAS107 reporting, and create detailed, summary, and variance finance and budget reports.
Effectively managing today’s balance sheet demands evaluating a myriad of alternatives in order to create competitive advantages for your business development teams.