Thank you to everyone who attended our Funds Transfer Pricing Webinar, which we run exclusively for ALMIS users. We had an overwhelming number of attendees, highlighting the benefits of our webinars and the increasing importance of this topic.
The webinar was presented by Dean Carter, Associate Director, and focused on what Funds Transfer Pricing means for firms, ways to address the issue and a way forward using ALMIS software.
Everyone agreed that the webinar was useful, informative and interactive.
“quick way of getting a good
understanding of a subject”
“very easy way to get a group of ALMIS users together & discuss various topics”
“Useful to hear other people’s experiences”
Points raised from this webinar were:
FTP is firmly on the FSA’s radar, and is a good strategic and financial management practice.
However, it needs to be clear, well thought out and appropriate for the size and type of business, and particularly is very different in firms who do not run treasury as a profit centre.
There is no right answer, nor is there a simple generic model to employ, but there are common themes.
A building society commented that the FSA want them to go further than they have already and are very interested in the cost of capital as well as cost of liquidity.
Another building society commented that the FSA recommended recently that they not only include the cost of capital but also the FSCS Levy.
ALMIS report writer can be used to develop Funds Transfer Pricing functionality individually for ALMIS users.
ALMIS FTP late January workshop to be held in Leeds to agree and develop a suitable ‘pricing’ template for mortgages.
ALMIS will be holding a FTP seminar in late March, which will be presented jointly with the FSA.
We hold webinars every month on important industry topics. Our next webinar is on Using ALMIS for Forward Looking Analysis, and will be held on Tuesday 31st January 2012 at 2.30pm.