The Cumberland

Overview

The Cumberland Building Society has been a long-standing and valued client since 2010. During that time, they have seen the ALMIS solution grow, with much more flexibility and capability to deliver on regulatory changes and market updates. Today the Cumberland benefit from using the ALMIS Asset Liability Management, Hedge Accounting and Regulatory Reporting solutions to run the main aspects of their Treasury functions. We met with some of the team at the Society to learn more about their priorities, needs and overall experience of ALMIS.

Emily Graham, Treasury Manager, has been with The Cumberland for six years. She works in the Middle Office function and is responsible for Liquidity and Risk Management, running reports using the ALMIS integrated ALM and Regulatory Reporting solution. The Cumberland ensures continuous compliance in a fast-moving regulatory world.

Philip Hayward, Senior Treasury Manager, has over 15 years’ experience working with ALMIS throughout his career. He joined The Cumberland 2 years ago, based in their Front Office where the deals are conducted and uses the dynamic financial planning models to assist budget forecasting and for audit trail purposes. He also uses ALMIS Hedge Accounting.

Stephen Koney, Regulatory Reporting Controller, has been with The Cumberland for 5 years. As part of his role, he uses ALMIS ALM and Regulatory Reporting modules for external and internal reporting.