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Jul 6, 2022

More Banks are Moving Asset and Liability Management Systems to Cloud

A recent SS&C Algorithmics survey (conducted by Alchemer) shows 45% of respondents are looking to migrate, or have already migrated, their Asset Liability Management (ALM) systems to the cloud. This is a major global shift from ALM being almost always in-house and shows that both banks and regulators are increasingly accepting cloud for ALM risk technology.

May 18, 2022

Challenges & Future Developments for LIBOR Transition for ALM

In the years following the 2008 financial crisis, manipulation attempts by LIBOR panel banks, false reporting, and declining liquidity in interbank funding markets generated doubt in LIBOR benchmark rates, and ultimately led to plans for their replacement with more reliable benchmarks. Without backing by underlying transactions, LIBOR depended more on expert judgment than quantifying true bank funding cost, and huge volumes of derivatives and cash products referencing it was a concern. Alarmed regulators established new benchmark regulation (BMR), and alternative reference rates (ARR) or risk-free rates (RFR) that comply with the BMR were developed and recommended by national working groups of several jurisdictions.

Feb 25, 2021

Chartis Research recognizes SS&C Algorithmics Balance Sheet Risk Management

Chartis Research has released their ALM Technology Systems 2021 report, providing an analysis of the market and vendor landscape for asset and liability management (ALM). SS&C Algorithmics Balance Sheet Risk Management solution is ranked as a leader in each of the four RiskTech Quadrants included in the report.

Jul 7, 2020

SS&C Algorithmics wins Risk Technology Awards 2020 Bank ALM system of the year

SS&C Algorithmics is pleased to share that we have won Bank ALM system of the year at the prestigious Risk Technology Awards 2020.

The SS&C Algorithmics ALM solution provides a next-generation risk system, designed with business-driven interfaces, and built on high-performance analytical engines that delivers uncompromising, comprehensive results.

May 21, 2020

When sweet can turn sour: a case for integrated market and credit risk management

Institutions invested in a broad range of corporate debt instruments can draw various business benefits from adopting an integrated market and credit risk view. The low-yield environment in major government bond markets (see Fig.1), combined with recent spread volatility increases, reinforce these aspects. For risk analysts, asset allocation experts, and fund managers, it means capturing in a single framework obligors’ rating migration and default situations, on top of yield curve shifts and spread-widening impacts. This integration should allow business stakeholders to blend risk factor and financial instrument info, build timely hedging strategies at the issuer level, or refine their portfolio overlays.

Mar 16, 2020

Clients meet business and regulatory challenges with SS&C Algorithmics BSRM

SS&C Algorithmics provides leading risk analytic products and services for the financial services industry worldwide; including Balance Sheet Risk Management (ALM and Liquidity Risk), X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL) and Targeted Review of Internal Models (TRIM). 

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