5 practices that strengthen ALM processes

first_imgStrengthening a credit union’s asset/liability management process enhances the information it delivers to credit union staffers, which is very valuable in today’s data-driven operating environment.Effective ALM requires sound modeling techniques and reporting. Enhanced modeling and reporting can help quantify risk more effectively and lead to improvements in business decision-making and capital allocation. Many credit unions are seeing the value of enhanced risk reporting, providing an enterprise-level view of the financials in addition to maintaining regulatory and other requirements. This information allows the financial team to communicate more effectively with the board of directors and executive management as well as the credit union’s examiners.CFOs should regularly assess analytics and financial reporting processes, asking questions like: continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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