About the course
Asset-liability management has ceased to be the relatively simple task of monitoring and managing net interest income. Since the crisis, plummeting base-rates and demanding new regulation has applied firm pressure on ALM functions to carry out in-depth funds transfer pricing analysis of businesses and to more prudently manage liquidity risks associated with dealing in capital markets. The demise of stable interbank money markets, the sovereign deficit crisis, plans to ring-fence retail deposits, repo and securities market reform and newly integrated collateral and liquidity requirements loom large over many financial institutions; the economic consequences remain at best difficult to predict, at worst potentially crippling. The challenge for those working within asset-liability management is how to plan and proceed with a robust ALM strategy that remains capable of being dynamic and flexile in the face of multiple economic scenarios. Risk magazine has invited a group of experienced professionals to contribute to a two-day training seminar covering these issues.