MIAC’s Asset and Liability Management ( ALM ™ ) suite helps financial institutions understand and manage interest rate risk, liquidity risk, engage in capital planning and perform various portfolio valuations and analyses.
- Asset valuations include, but are not limited to, bonds and investments, Demand Deposits (DDs), Mortgage Servicing Rights (MSRs), commercial loans, consumer loans, and residential loans. Liabilities valuations include, but are not limited to, non-maturity demand deposits, Certificate of Deposits (CDs), Maturity Deposits, derivative hedging instruments, and Credit Default Swaps.
- The MIAC ALM ™ Suite is software that allows users to stress portfolios using macroeconomic variables and numerous loan attributes such as voluntary and involuntary prepayment models, interest rate models, and credit and future yield curves.
- The MIAC ALM ™ Suite also includes functions to analyze compliance with Basel II and Basel III leverage ratio and risk-weighted asset requirements, the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR, Dodd-Frank Act stress tests).
- Reporting includes: Income statements, balance sheets, Interest Rate and Liquidity GAP reports, and related analytics such as Return on Equity (ROE) and capital ratio analytics.