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on model validation: who?

the ALMnetwork specializes in cost-effective ALM model validation

experience

team members have successfully completed over 300 ALM model implementation, review, and validation engagements
presented at banking conferences in U.S., Europe, and Africa on model validation approaches
provided model validation training sessions for bank regulators

consultants

in-house staff are all former bankers and experienced ALM consultants
senior consultants include former bankers, financial institution regulators, and AL software developers and Q.A. staff

systems

statistical & data mining tools from SPSS & Palisades
market data from Bloomberg & Markit
ALM model benchmarking powered by ZMFS & fiserv models
GoToMeeting for detailed, cost-effective off-site review
SharePoint site for documentation, report archiving, meeting space

real world solutions >

real time ALCO reporting? Over the past few years, there have been days with historically high interest rate volatility. After several such days, the management of Sample Bank believed their annual budget was no longer accurate.

Working with the ALMnetwork, Sample Bank produced forecasts based on rates “as of” the prior days’ close. While not exactly “real-time” reporting, next day reporting was useful to the management of Sample Bank in comprehending their new earnings position, formulating new tactics and strategies, and fine-tuning their pricing.