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Finastra: Releases balance sheet management tool for community banks | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

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

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