A L M
WHAT IS INvSIGHT ALM?
This application (Asset and Liability Management) registers, controls and verifies compliance with current Spanish regulations in the allocation of assets to a homogeneous group of policies.
AT WHOM IS IT DIRECTED?
Because of the transversal nature of the standard, INvSIGHT ALM can involve the investment, accounting and actuarial departments among others.
MAIN FEATURES
Compliance
- Cash flow matching according to applicable regulation.
- Verification of scenarios and allowed exceptions.
- Calculation of Technical Provisions.
- Internal rate of liabilities.
- Other matching procedures and scenarios are also allowed, for instance by duration.
Simulation
- Selection of a set of assets, in portfolio or simulated, to assign in accordance with the requirements, criteria and restrictions indicated by the entity, in addition to the regulations.
Optimization
- Optimization of the allocation through whole linear programming both from the point of view of the market valuation and from the point of view of the accounting value.
WHAT ADVANTAGES DOES IT OFFER?
- Continuous review of assignments avoiding the unnecessary immobilization of securities in the portfolio.
- Optimization of asset allocation ensuring compliance with regulations.
- Simulation environment in relation to assigned or assignable assets and those eligible in the market.
- Global risk assessment for assets and liabilities together.
- Direct integration with our applications INvSIGHT Assets and INvSIGHT Liabilities during the allocation consolidation and during the calculation of the corresponding accounting asymmetry.