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

Salmon Strengthens Fundraising for Philippines Expansion

Fintech company Salmon secures new funding to enhance its operations in the Philippines.Highlights: Salmon raises significant funds to...

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers.Highlights: Truist launches pilot program for Zelle...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks.Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services.Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...