Category: Releases

New Release – 9.61

Posted on by Julie Duncan

Front Office V9.61 and DLL 3.1 Available for Download

We are pleased to announce that our scheduled release of Version 9.61 is now available for our clients. We have also released an updated DLL on taxonomy 2.2 which should be used alongside this Front Office.

This release corrects many of the usability and minor bug fixes reported and logged by ALMIS® support. This version will make it easier for clients to auto populate COREP CA, CR, LE, LR, LC and SF returns and will also make it easier to submit COREP under taxonomy 2.2 using manual/excel population.

New Release – 9.60

Posted on by Julie Duncan

It has been a particularly challenging year for everyone involved in bank and building society asset liability management and regulation reporting. Whist it has taken us longer we are extremely proud to announce the release of ALMIS® Version 9.6 which includes the latest COREP/FINREP Taxonomy 2.2 to be used for December submissions.

This version is:,

 

  • Significantly FASTER at performing producing COREP reports COREP validations and generating XBRL (up to 50 times faster!!)

 

  • It has ALL COREP reports automated from ALMIS® data, including the CA, CR, LE and LR using capital adequacy calculations and LC and NSFR using liquidity calculations

 

  • It works to take account of EBA rounding rules so our validations will match Gabriel validations

 

  • Whilst 2.1 already included Asset Encumbrance this version is the version used for first submission

 

This is a significant milestone for us and we believe will help finance and treasury executives cope with the increasing regulations and help control risk and maximise the financial performance of your bank and building society.

We are particularly enthusiastic about helping our clients comply with the new CRD IV Liquidity regulations as we believe ALMIS® is the only product available to completely fulfil all the requirements set out in the PRA consultation CP 27/14. We have now developed the first ever product to deliver bank ALM, EBA regulation reporting, macro hedge accounting and detailed forward planning and analysis all using the same consistent data, settings and assumptions.

ALMIS® Launches Hosted Solution

Posted on by Julie Duncan

Controlling the system delivery to allow users to concentrate on the data that matters

The ALMIS® ALM system has operated successfully since 1992 as server-based software installed at a client’s premises. This works perfectly well for many firms, however, the advantages of a hosted system for some clients has presented the opportunity for ALMIS® International to launch a new ‘Hosted ALMIS® System’.

The Benefits

Our hosted solution enables clients to concentrate their resources on the key business needs addressed by ALMIS® ALM and Regulatory Reporting. The hosted solution eliminates all client interaction with IT infrastructure, software installation, performance issues and server maintenance. Hosting also provides data security and integrity and gives ALMIS® International the responsibility to ensure the current version of the ALMIS® system is used.

The hosted software solution is designed to work with small and large databases, whether one person or a hundred from the same organisation is using them. They accommodate the growth of your business seamlessly with optimal performance and minimum downtime.

The ALMIS® system operates seamlessly in this hosted environment, allowing the users to concentrate on the data – monitoring, analyzing and reporting across all areas of ALM and Regulatory Reporting.

How Does It Work?
The Hosted Operating Environment is the Microsoft Azure cloud-based service which uses a network of Microsoft-managed datacentres. This platform allows for resource usage to be based on needs and to be allocated and then charged for the processors and storage resources used. ALMIS® International installs, maintains and updates the system whilst the users simply access data from a PC-based web browser. Full functionality is available at all times depending on the ALMIS® modules the client has chosen to license.

For more information email.

ALMIS® sign their first 10 firms to COREP module

Posted on by Julie Duncan

ALMIS® International are delighted to report that at this early stage ten firms have now committed to using ALMIS® for COREP. The new COREP regulations have been a real concern for banks and building societies because for many it will be the first time they have to produce reports in XBRL format. Further confusion is caused due to delays in finalising both the regulations themselves and the detailed taxonomy.

As one of our clients described:

“ALMIS® International was on the ball understanding the regulations, even predicting the latest delay and with their particularly large client base and highly cost effective solution they were the obvious choice for COREP”.

Many clients value the seamless integration with existing capital, liquidity and interest rate risk reporting and forecasting, whilst new ALMIS® clients like the simplicity of being able to use the easy to set up ‘input only’ version.

For more information on the ALMIS® solution for CRD IV (COREP/FINREP) reporting, click here. If you would like to arrange a demonstration, click here.

Announcing ALMIS® Consulting

Posted on by Julie Duncan

ALMIS® International is launching ALMIS® Consulting as a premium management consultancy service for clients, designed to help firms adopt best practice in Asset Liability Management.

Services include:

*

ALCO terms of reference, framework and reporting

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ALM, Interest Rate Risk & Treasury Management Training for NED’s, Board & Executives and new entrants

*

Development of product pricing and funds transfer pricing methodology

*

Treasury Management System (TMS) requirements, selection and implementation

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Assistance with ILAA & ICAAP

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Developing Forward Looking Analysis

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General advice with funding facilities and plans

*

Management of banking relationships

Consultants:

Joe Di Rollo

Joe Di Rollo has over 25 years’ experience in bank financial risk management, particularly in the fields of interest rate, liquidity and credit risk modelling. Joe is also an experienced trainer. Joe is an accountant and member of the association of corporate treasurers.

Dean Carter

Dean is an experienced Building Society Treasury and Risk Professional having worked in both London and Paris and formerly as Head of Treasury at the Nottingham Building Society. He has also held the post of General Manager – Operational Risk and Compliance. Dean has recently moved into treasury consultancy practice and will be working exclusively for ALMIS® International and King & Shaxson. His work at ALMIS® International is to help clients develop custom ALCO packs, analysis and specifically assist with the development of both treasury management policy and treasury systems. ALMIS® will be drawing on Dean’s considerable expertise to help develop an integrated treasury system offering. His work as Director of Treasury Solutions at King & Shaxson will compliment this work and includes investment and funding advice, interest rate forecasting and economic reviews, ALCO attendance and advice, and counterparty services advice.

For more information, or any questions regarding our articles, please email us

Launch of New Report Writer

Posted on by Julie Duncan

We are pleased to inform you that ALMIS® launched the new report writer at its 2011 User Group Conference held in Edinburgh.

The new report writer will produce all the reports you need from one source, creating a seamless process to save valuable business time and resources.

The added functionality will provide flexible reporting to dynamically create ALCO reports and graphs, show trends and variances, produce KPI’s and dashboards, monitor prudential positions and limits, share report and graph templates.

To learn more about the report writer, please click on the link below.

New Report Writer

 

Launch of ALMIS® Version 9

Posted on by Julie Duncan

We are pleased to inform you that ALMIS® Version 9 is now available for download from our website.

Our newsletter gives an overview of whats new in version 9.

April Newsletter

Web Meetings

We will also be holding two online meetings this month to demonstrate the functionality of our two new modules. These meetings should last between 30-45 minutes.

FSA Reporting Module

– Thursday 21st April at 11am

Capital Adequacy Module

– Wednesday 27th April at 11am

Please email [email protected] if you would like to attent either of these meetings.

 

Kind regards,

Lyndsey Gardner

ALMIS® International