Bank ALM system of the year: Prometeia

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Once again, Prometeia has been named Bank ALM system of the year at the Risk Technology Awards 2025. This marks the third consecutive year the company has secured the title. This ongoing recognition reflects the strength of Prometeia’s asset-liability management (ALM) platform, as well as the firm’s alignment with the evolving needs of modern risk and performance management.

Judges said:

• “Good framework. Strong modelling capability.”
• “An integrated suite to support end-to-end balance sheet management and stress-testing.”
• “Difficult to beat. A high-quality product.”
• “The complex ALM management tool allows comprehensive risk management. Standard and regulatory indicators as well as stress‑testing implemented. Forward-looking and extendable.”
• “Sophisticated integration of risk management tools and real-time simulation capabilities.”
• “A strong commitment to openness and flexibility. Excellent forward‑looking capabilities.”

Since the early 2000s, Prometeia has offered a comprehensive, modular solution for balance sheet management, enabling banks to integrate ALM, interest rate risk in the banking book (IRRBB), liquidity, loss provisioning and profitability analysis. As global regulatory frameworks have become more demanding and market volatility has intensified, Prometeia’s platform has evolved to address new analytical challenges, including operational ALM, treasury performance management, regulatory reporting, and the development, validation and implementation of risk models.

To support operational ALM and treasury decision-making, Prometeia enables real-time simulation of balance sheet dynamics and earnings under multiple scenarios. Users can configure market assumptions, behavioural responses and pricing strategies, enabling them to proactively manage interest rate risk and funding costs.

It also includes functionality for fund transfer pricing, with embedded tools to allocate net interest income (NII) across organisational units and products, supporting retrospective analysis and forward-looking profit-and-loss projection. Treasury performance is monitored in compliance with International Financial Reporting Standard 9, known as IFRS 9, using embedded hedge accounting and impairment calculation engines.

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The platform has been enhanced to meet evolving supervisory requirements, including those related to IRRBB, credit spread risk in the banking book, funding and liquidity risk, risk-weighted assets and NII stress-testing. It also incorporates tools for integrating climate risk scenarios – including transition and physical risk pathways – into capital planning, the Internal Capital Adequacy Assessment Process and the Internal Liquidity Adequacy Assessment Process.

In recent years, Prometeia has invested in analytical processes critical to balance sheet management that were previously handled outside traditional ALM platforms. This includes the development of the Prometeia Model Journey (PMJ™), an environment in which behavioural and artificial intelligence models can be built, validated and deployed within a strong model governance framework.

Available as a complementary component of the ALM suite, the framework enables clients to customise Prometeia’s quantitative libraries or develop internal methodologies using coding languages such as Python. For institutions adopting more complex statistical or machine learning approaches, it offers a structured path to operationalising models without compromising on transparency, interpretability or governance.

From a technology standpoint, the platform is fully cloud-native and can be deployed on-premises, on Prometeia Cloud or in a client’s private tenancy. Its architecture, based on Red Hat OpenShift and Kubernetes, supports high-performance simulations at scale. A partnership with Microsoft further enables software-as-a-service deployment, with Prometeia managing the product lifecycle and ensuring business continuity and data security.

Massimo Pedroni, head of global markets at Prometeia, says:

“In an environment characterised by market volatility, regulatory pressure and increasing geopolitical risk, banks need tools that can manage complex balance sheets with high predictive power on one hand, while being easy to implement and maintain on the other.

“This award confirms our commitment to developing integrated ALM solutions that combine financial planning, risk modelling and regulatory compliance within a unified framework. At Prometeia, we believe true innovation lies in helping banks align profitability and governance with technology that is scalable, robust and built for long-term decision-making.”

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