A three-day advanced programme covering best practices in Asset-Liability Management (ALM), as well as ALM’s relationships to capital and performance for financial institutions. ALM will be shown to have evolved beyond basic management of incremental asset and liability positions to a more comprehensive process that reflects the management of an institution’s economic capital.
As a result of attending this course delegates will be able to:
Map the evolution of ALM to their specific type of financial institution
Assess ALM reward-risk opportunities for various business activities
Measure, implement, and manage ALM decisions for banking books as well as other major activities, including investments, liquidity, and trading positions
Assess opportunities to incorporate a broad range of businesses, including credit units, into ALM
Understand appropriate roles for derivatives in ALM
Organise and manage successful ALM and ALCO reports and meetings
Review and integrate financing strategies into the ALM plan
Develop and implement comprehensive transfer pricing schemes
Integrate liquidity management into ALM practices
Consider business unit and entity-wide reward-risk budgeting under the auspices of ALM
Design a capital plan for the institution consistent with risks and regulations
Understand the implications of Basel II and Basel III on capital development
Learn how ALM can highlight returns on economic or risk-adjusted capital
Click here to download the brochure from London Financial Studies.