Infosys Finacle launches new Asset Liability Management Solution

By Gloria Mathias

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, has announced the launch of the Finacle Asset Liability Management Solution. This liquidity and interest rate risk management solution provides banks with an enterprise-wide view of all on- and off-balance sheet exposures.

The solution enables banks to identify gaps, assess their impact on net interest margin and liquidity, and take corrective actions to improve their funding and liquidity decisions.

The Finacle Asset Liability Management Solution allows monitoring of a broad range of liquidity and interest rate risk metrics. It delivers an aggregated view of such risks across entities, geographies, and currencies. This helps banks make informed decisions regarding funding and liquidity strategies, optimise asset allocation, and effectively manage risk and compliance.

Finacle Asset Liability Management Solution highlights:

• The solution has advanced data analytics and AI-infused capabilities to address asset liability management (ALM) objectives, along with a cash flow engine to generate forecasts for contractual and behavioural cash flows.
• It will enable banks in strategic management decisions, including balance sheet planning, liability mix optimisation, asset/liability pricing, and funding concentration regulation.
• It also has stress testing and scenario modelling functionalities, which allow banks to simulate and optimise key liquidity and interest rate risk drivers to better respond to market shocks.
• The solution integrates reporting infrastructure with a range of on-demand and pre-configured Basel norms-based reports for enhanced compliance management.

Sajit Vijayakumar, Chief Business Officer and Global Head of Infosys Finacle said, “With Finacle Asset Liability Management, we are equipping banks to navigate global economic uncertainty and the complexities of liquidity and interest rate risk with unprecedented clarity and precision. Our solution offers a holistic view of exposures while providing financial institutions with intelligent capabilities and tools to manage risks effectively, streamline reporting, and enhance their risk modelling capabilities.

Mohammad Muzaffar Wani, DGM – IT and BPR, Jammu and Kashmir Bank, said, “We are delighted to announce our adoption of Finacle’s advanced Asset Liability Management solution. This strategic initiative empowers us to enhance our liquidity and interest rate risk management capabilities while also improving our modelling sophistication to better adapt to changing market dynamics. The solution will streamline our ALM operations, offer valuable insights and enable informed decision-making in managing our assets and liabilities.”