ALM Good Practices
Following the letter sent by the FSA to all UK Bank and Building Society CEO’s, ALMIS has carried out extensive research specifically examining the practices of smaller regulated firms.
ALMIS
Stay up to date with the latest developments and company news from ALMIS International.
Market Risk Master Class
ALMIS International is holding a Master Class on Market Risk on Thursday 14th July in Edinburgh.
Making ALM function more effectively
On the 17th January 2011, the FSA sent a letter to all banking chief executives on what constitutes good practice within ALM. Following the FSA’s recent observations and recommendations, ALMIS International is carrying out further research to find out the views of small to medium size banks.
Web Meetings now a reality
ALMIS has held a number of successful web meetings with prospective banking institutions overseas, and within the UK.
ALMIS Newsletter January 2011
In this January newsletter, we’ve outlined changes within the company, upcoming events and software developments.
ALMIS FSA System Developments
Following a recent seminar, FSA supervisor Jon Pyzer clarified a preference that the FSA Basis Report should be calculated on a net, rather than a gross, basis.
ALMIS Modular Delivery
ALMIS International constantly looks at ways to help clients save costs and ease the implementation process. ALMIS has now adopted a modular approach when implementing future ALMIS systems, to make it easier for users to operate the system to its full potential.
ALMIS Consortium Implementation
Significant cost savings were achieved through a consortium implementation with three financial institutions. Kingdom Bank, Loughborough and Dudley Building Society are all taking on ALMIS and are sharing implementation and training.
Phase III – Hedge Accounting
The International Financial Reporting Standards Board published their exposure draft on hedge accounting on 9th December 2010.
New Module Reduces Burden of Compliance
FSA Reporting module was released at our user conference on 28 October 2010. This module will help customers comply with regulations and reduce the burden of compliance, whilst enhancing methods of reporting and analysis at the same time.