Frequently Asked Questions

ALMIS can accept data in a variety of ways, but usually an extract file is produced from the transaction system and uploaded into ALMIS. To prevent business interruptions, this can be set up as a scheduled overnight task.

Yes.

We have developed a number of dedicated automatic interfaces with the more popular treasury management systems used by banks.

If you do not have one of the more popular treasury management systems, we would still ensure that our system automatically interfaces with your chosen treasury management system.

No, ALMIS has its own self contained dedicated and optimised DBMS (Database Management System) with no need for a separate database server or expensive database overhead. The database used in ALMIS is optimised for performance and reliability.

ALMIS has routines and methods which are highly configurable and flexible which should allow you to incorporate your own proprietary methodologies for quantifying risk. We can, if necessary, provide a development platform for you to develop your own models within the ALMIS framework.

We have a cost structure that ensures even the smallest banking institutions can afford our system. Our costs are broken down as follows:

• Up-front licence of the Middle Office Software
• On-going licence and support for each module, inclusive of upgrades
• Implementation and training

Fees vary dependenting on the number of modules you take and the asset size of your institution.

Training is provided for each module and can be delivered on site, online or as a master class to a number of banks. Typically, training involves:

• Data and product set up 2 Days
• System set up 1 Day
• Market Risk 1-3 Days
• Liquidity Risk 1-2 Days
• Planning 1-3 Days
• Hedge Accounting 2-4 Days
• FSA Reporting 1 Day
• Capital Adequacy 1-2 Days

ALMIS International prides itself on our fast and efficient approach to the implementation of the ALMIS software. The software itself is developed to make implementation quick and straightforward. In addition we have developed a specialist project management and training capability so that the system is properly implemented, delivering a fully automated system on time and within budget.

Typical Implementation Plan (PDF 12Kb)

We cater for small banking institutions and have clients with asset sizes less than a 100m. They arguably benefit the most, as they have less time and resources to comply with regulations, prepare reports, anayse results and manage risk.

Our system will save you time, help you comply with regulations and give you the information needed to make executive decisions.

We capture the balance sheet by interfacing ALMIS with your other systems. We then extract this data into ALMIS.

Yes, you can produce gap reports as often as you like.