April 06, 2010 08:00 ET

FRSGlobal Announces Configurable ALM Solution for U.S. Banks

NEW YORK, NY--(Marketwire - April 6, 2010) - FRSGlobal, the only global provider of risk reporting and regulatory reporting compliance solutions on a unified platform with coverage for over 40 countries, today announced the availability of a configurable Asset & Liability Management (ALM) solution for U.S. banks. The FRSGlobal ALM solution is extremely flexible and easy-to-use. Firms can begin to manage their ALM risk using a variety of sophisticated methods, including dynamic simulation modelling and stress testing, by following a logical and well defined six step process.

The FRSGlobal ALM solution enables banks to put in place sound practices and processes to manage their ALM and liquidity risk that are in line with the United States interagency guidelines issued on March 17, 2010.

The guidance outlines the process that financial institutions should follow to identify, measure, monitor, and control their funding and liquidity risk. The guidance emphasizes the importance of cash flow projections, stress testing, and a well-developed contingency funding plan for measuring and managing liquidity risk.

Richard Ferrari, Vice President - Americas, FRSGlobal, commented:

"In light of the recent financial crisis U.S. banks are re-evaluating the way that they currently model their ALM risk. Many small and mid-size banks are currently outsourcing their analysis of ALM risk to an advisory firm or using internally developed Excel spreadsheets. They are finding that these methods are not adequate given the increased rigor and frequency that the regulators expect for the analysis of ALM risk. FRSGlobal provides banks with the ALM risk management capabilities that they need to be successful in today's financial environment."

About FRSGlobal

FRSGlobal is the only provider of risk management and regulatory compliance reporting solutions, with automated reports for 40+ countries, on a unified platform with a single data model.

FRSGlobal solutions are a combination of modules from RegPro and RiskPro, sharing a single DataFoundation and CalculationEngine:

  • RiskPro provides profitability analysis across the following risk types: Asset Liability Management (ALM), Liquidity, Market, Credit, Basel II, IFRS, Solvency II, Funds Transfer Pricing and Economic Capital.

  • RegPro enables financial institutions to address major regulatory and compliance requirements locally and globally -- with reports for more than 40 countries.

  • Subscribing clients benefit from the FRSGlobal Guarantee, which ensures the regulatory reports are maintained in line with the regulators' requirements.

  • FRSGlobal Centre of Risk & Regulatory Excellence monitors risk and regulatory activities in 100+ countries.

FRSGlobal has 21 years of industry expertise and its solutions are used in over 1500 financial organisations -- including 41 of the top 50 global banking institutions. It is owned by the Carlyle Group and Kennet Partners.

FRSGlobal is headquartered in Brussels with a further 19 other offices in North America (Boston, New York and Toronto), Europe (Amsterdam, Brussels, Dublin, Lisbon, London, Luxembourg, Madrid, Paris, Zurich, Lausanne, Warsaw and Cluj-Napoca (Romania)), Dubai and Asia Pacific and Japan (Hong Kong, Pune and Singapore).

Contact Information


    Lauren Dearmer, PR manager
    Tel: +44 20 7539 6525
    Email: Email Contact


    Michael Kane
    Tel: (978) 698-7602
    Email: Email Contact