HOW IT WORKS
Cash Sources and Uses, a liquidity add-on to the Risk Analytics ALM Model, allows users to incorporate their own operational and contingency cash flow assumptions for each liquidity stress scenario they create. The resulting Summary Report documents the scenario name and assumptions, as well as its liquidity coverage ratio results for the next 12 months. Cash Sources and Uses enable financial institutions to plan for and document various contingency scenarios, whether they are interruptions of the ability to borrow, runs on deposits, or other liquidity stress scenarios.
HOW IT WORKS
Clients can now add Bond Accounting to the list of management tools offered by FIMAC Solutions. Fixed Income Accounting (FIA) provides your institution with an easy to use platform for accounting and reporting related to your bond portfolio. FIA generates monthly reporting utilizing the most current, independent bond pricing and cash flow information. This data comes from nationally recognized providers, commonly accepted as the providers of the default “Market” pricing. Results are provided in multiple report sets geared towards Accountants, Management, Board, Regulators, or Portfolio Managers. Of course, you also receive FIMAC’s unparalleled customer support and service.
FIMAC Solutions has recently been authorized by the National Association of State Boards of Accountancy (NASBA) to provide Continuing Education Credits (CPE) through our Education and Training Division. These courses will be offered through web based training sessions. Course hour credits will range from 1 hour to 4 hours initially. Read More
HOW IT WORKS
The Risk Analytics ALM Model provides financial institutions with an understanding of how changes in interest rates—and the resulting changes to the cash flows of their balance sheet instruments—affect future earnings as well as the value of their capital. This cash-on-cash dynamic income simulation and net equity value model provides results for nine interest rate stress test scenarios of up to 400 basis points. With no software to purchase this model provides the functionality of the most expensive ALM models—at a much lower cost and with far less time and effort. Our professional staff works with you and your IT department to automate the instrument level data collection process and our Relationship Managers assist you with any questions regarding data input or the initial results