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

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...