Flexibility is the key

Asia’s banks have recognised the need for sophisticated ALM systems. Flexibility and an ability to customise for local markets are key requirements for the region’s financial institutions. Clive Davidson reports

There are many forces driving financial institutions to improve their asset and liability management (ALM), from a turbulent global economy, to evolving local markets, to the growing sophistication of financial products. While the fundamentals of ALM are broadly the same the world over, Asian institutions have to consider it in the context of the individual characteristics of their home markets, as well as the particular activities of their firms. To aid them in this task, firms have