Thank you to everyone who attended the “ALCO Reporting Using ALMIS: Margin and Basis Risk” Webinar on Thursday 21st March 2013. The webinar was presented by Joe Di Rollo (Managing Director) and Georgina Macleod (Business Development Executive).

This webinar acted as part 2 of 3 in the “ALCO Reporting Using ALMIS” Webinar Series. The purpose of this series of webinars is to advise our clients on what should be included in an ALCO pack, to share ideas on templates and to show how these reports and graphs can be delivered by using the ALMIS® System. This webinar covered the topic of Margin and Basis Risk.

“Detailed and useful content & explanations”

“Useful to know what type of information ALCO’s should be looking at”

The slides as well as the Basis Risk templates for the ALCO pack used within the webinar can be downloaded from the secure client area of the ALMIS® International website. This webinar was recorded and the link can also be found within the client area.

The quality of information given to ALCO can have a direct influence on the performance of a building society. ALMIS® International specialise in helping clients develop automatic forward-looking ALCO reports.

ALMIS® International provides a comprehensive asset liability management solution developed specifically for building societies. ALMIS® deals with Interest Margin, Liquidity, Interest Rate Risk and Solvency to deliver a comprehensive solution to control financial risk. ALMIS® will not only look at your balance sheet position today but also forecast future positions.

Additionally the Regulatory Reporting module within ALMIS® was originally developed to mitigate the burden of compliance for firms under the FSA’s regulatory regime. To date, it has enabled a significant proportion of its client base to generate, review and submit their FSA returns from a single Asset Liability Management system. ALMIS® has recently extended the capability of this module in light of the impending CRD IV legislation to once again ensure organisations are best placed to meet the extensive supervisory demands placed upon them. In addition to the extensive reporting capabilities ALMIS® provides users, there is the ability to directly compare current, past and forecasted regulatory returns which can be used for ALCO reporting purposes.

ALMIS® International have been helping building societies manage financial risk since 1992, during this time ALMIS® have developed long standing relationships with clients and with 65% of UK building societies using ALMIS® we have a strong reputation within this sector. The company has expanded recently to offer clients more dedicated support and consultancy services.

FTP / Product Pricing for Banks and Building Societies not operating a profit centre treasury

Our recent FTP / product pricing seminar, held in central London on 28 March 2012, was a resounding success. Over 60 delegates attended from 40 UK banks and building societies to hear expert speakers from ALMIS® Consulting and the Financial Services Authority.

Download FTP White Paper

At the event ALMIS® Consulting published their White Paper on FTP, which was writen following a working party review of FTP with a range of banks and building societies. This paper can be downloaded and shared with colleagues and is designed to help Firms develop their own ‘fit for purpose’ model.

^{“Quick/Efficient sense check on our FTP progress”}

^{“Good to get the regulator’s perspectives. ALMIS® White Paper very informative”}

^{“Thought provoking”}

^{“Blend of regulatory view and solution design in presentations and Q & A session”}

Thank you to everyone who attended our Analysing Interest Margin Webinar, which we run exclusively for ALMIS® users. We had high attendance again highlighting how useful these webinars are.

The webinar focused on ideas for reporting and analysing movements in interest margin as well as examining calculating and reporting rate, volume and mix variances.

To encourage interaction and add extra value, Dean Carter who has practical experience as a treasurer from the building society sector, joined the meeting as a guest expert.

Please feel free to download slides from Analysing Interest Margin Webinar

Everyone agreed that the webinar was useful, informative and interactive.

Points raised from this webinar were:

• Margin by category / product / basis expressed in basis point margin contribution is very helpful, particularly for explaining margin movements and understanding rate and volume variances

• It is also helpful to look at and compare the funds transfer pricing rate / benchmark rate

• The ALMIS® report writer will be an invaluable tool for setting up a funds transfer pricing mechanism, taking account of the cost of capital and cost of liquidity

• It is important to look and calculate margin for each category (eg fixed lending) net of hedging – and this is done using the report writer

• The ALMIS® report writer is free to all ALMIS® users, and users can share report templates, a library of which will be held on the ALMIS® website

We hold webinars every month on important industry topics. Our next webinar is on Funds Transfer Pricing, and will be held on 16 December at 10.30am.