Expanding Demands for Asset Liability Management Risk Management Applications Taking on New Problems

Meridien Research released a report that describes current asset liability management (ALM) applications and their expansion beyond the scope of traditional interest rate risk management. In 2001, Meridien expects the largest 500 financial institutions to spend $US936 million globally on ALM systems, with most growth in developing countries. Although the core analysis functions have not changed much in the past couple of years, these systems are now as often a part of enterprise risk management applications or of profitability and customer relationship management systems as they are standalone interest rate risk management tools.


Related reading