Modernizing Asset Liability Management: Changing Priorities in ALM Technology, Data and Analytics

A volatile business environment, evolving regulatory requirements, more integrated approaches to risk management, and technology change all signal a need for best practices in asset liability management (ALM).

With its mission of ensuring a firm’s long‑term stability and profitability, ALM is a crucial function in risk management. ALM was originally developed as a best practice to cope with the fluctuating interest rate environment after the global recession of the 1970s. Today, as rising interest rates are again roiling the industry and triggering dramatic bank failures, banks are aspiring to strengthen their ALM and liquidity risk programs.

This report presents the results of a global survey of 266 Risk, Treasury, Finance, and IT professionals at banking and savings institutions around their ALM methodologies, models, and technology priorities. The study was sponsored by SAS Institute, who worked with Celent to design the survey instrument.

Key findings of the study include:

• Credit Risk Management in Banking: Playing Defense and Offense for the Next Normal

• NextGen Balance Sheet Management and ALM: Benchmarking the landscape and future trajectories of movers and shakers

• DBS Bank: Reimagining the Corporate Credit Risk Management Process

• State Street Global Advisors: Measuring Macroeconomic Risks for Portfolio Management

• Technology Trends Previsory Webinar: Risk; 2023 Edition

• Innovation in Risk: A Snapshot Through the Lens of Model Risk Manager 2022

• Asia-Pacific IT Priorities: One Year After the Pandemic

• Remaking Risk: A Taxonomy of Regtech

• Demystifying Cloud in Operational Risk Management

• Supporting Financial Services Innovation on the Public Cloud: Risk Management and Compliance Edition