UK and European Banks should now be managing IRRBB in compliance with the EBA Guidelines. In particular banks should be calculating EVE (a form of Economic Value) from the six prescribed parallel and non-parallel interest rate shock scenarios. The recently enhanced ALMIS® software delivers an automated solution to these Standardised Interest Rate Shocks, making it […]
UK-based bank financial risk management software developer ALMIS International today announces the appointment of its non-executive director Colin Johnson to a new executive role as Chief Product Officer. Colin, who joins from Charter Court Financial Services where he was Head of Prudential Risk, will bring extensive ALM experience, especially in interest rate and liquidity risk. On […]
ALMIS International is delighted to announce the launch of its new RegTech solution, FO+ Regulatory Reporting. Re engineered from the ground up, this new application features dynamic taxonomy selection, is more efficient and, in time, will support additional categories of regulatory returns. This innovative application enables the software to support new taxonomies efficiently. The user […]
We welcomed 50 delegates from 31 Banks and Building Societies to our event in Leicester on 20th-21st of November 2019. It was a good opportunity to learn more about our solutions, discuss future developments and network with industry peers. We were delighted to announce that a PostgreSQL compatible version of FO+ RR is now available for Regulatory Reporting module […]
The pace of change and development at ALMIS International has moved up a gear this year, with two major developments and several other initiatives running simultaneously. In particular two key developments are scheduled to reach launch in Q3/Q4:-
Our new regulatory reporting system, Front Office +®: Regulatory Reporting
Our dedicated bank data platform, Middle Office +®
ALMIS International is delighted to announce the release of its enhanced ALMIS® Hosted platform, offered in partnership with Microsoft Azure.
Roll out to clients begins w/c 19th August 2019 and is expected to complete in Q4 2019.
ALMIS International is delighted to announce the appointment of Colin Johnson to its board as Non-Executive Director.
Colin is the Head of Prudential Risk for Charter Court Financial Services, a fast-growing challenger bank, with Risk responsibility across Liquidity, Interest Rate and Capital.
In 2017 we will be introducing our Treasury Management System, currently being developed in collaboration with clients, to ensure we are offering as comprehensive a solution as possible working off a single source of data.
For the first time this year many financial institutions will have included derivatives at their fair value on balance sheets and, in many cases, this will have been a major headache.
Basel Committee on Banking Supervision have published its latest paper on Interest Rate Risk (IRRBB). This paper details Interest Rate Risk principals updated since the consultation paper was published last year.