Finastra: Releases balance sheet management tool for community banks

Finastra: Releases balance sheet management tool for community banks

  • Finastra unveiled ALM IQ, a risk management solution available for banks from March 2023
  • The unique cloud-based balance sheet management tool enables small and medium-sized banks to make confident decisions
  • ALM IQ offers a faster, deeper understanding of the balance sheet and exposure
  • By shielding risk, the solution helps banks make sound operational decisions
  • Deployed on the cloud with minimal customization and maintenance, ALM IQ is scalable
  • As regulatory constraints continue to tighten and banks seek ways to better manage operational risk
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Latin American Neobank Ual Raises $195 Million at $3.2 Billion Valuation

Funding aims to expand services and accelerate growth in the region.Highlights: Ual raises $195 million in a funding...

Vivox AI Secures $13M to Enhance Financial Crime Compliance Efforts

Funding aims to scale atomic agents for better regulatory adherence.Highlights: Vivox AI has raised $13 million to boost...

Swedish Central Bank Urges Public to Horder Cash Amid Payments Disruption

Sweden's Riksbank emphasizes the importance of cash as a backup.Highlights: Swedish Central Bank warns about potential payment system...

X Launches Payments Beta with William Shatner Charity Auction

Innovative payment platform debuts alongside charity event featuring Shatner.Highlights: X debuts its payments beta with a charity auction...