September 2019 BALM Newsletter preview – It’s a Wonderful (MMT) Worldby Michael Jamesson of Jamesson & Associates. In this important article, Mr. Jamesson writes that Modern Monetary Theory (MMT) has received a good deal of attention recently. While only scratching the surface, this article seeks to identify the main ideas of Modern Monetary Theory and to assess its credibility by exploring recent economic history. Mr. Jamesson’s article concludes by documenting suggested ALM responses should MMT implementation becomes more widespread. To continue reading our executive summary of Mr. Jamesson’s article It’s a Wonderful (MMT) World, click on the September 2019 BALM article in our document library below
2019 BALM Compensation Survey - The editorial staff of the Bank Asset/Liability Management newsletteris in the process of assembling the requisite data for the Newsletter’s 29th annual ALM Compensation Survey. This important survey profiles compensation trends for asset/liability managers within the U.S. financial institutions industry. The complete 2019 Bank ALM compensation survey was published in our July 2019 BALM issue. To order an advance copy of the 2019 BALM Compensation Survey click here.
The BALM Newsletter Software Survey is now available. This valuable listing exhibits the most widely used, commercially available asset/liability management software models used in financial institutions today. The listing is comprised of ALM software priced under $10,000, software from $10,000-$50,000, and more complex software models priced over $50,000. The survey also provides specific capabilities, including costs and hardware requirements for each vendor’s offering. The models exhibited in this list provide tools for identifying specific interest rate risk characteristics, auditing controls, budget development, and more. The software survey and accompanying literature summarizes several essential criteria to be considered prior to purchasing ALM software. To order a copy of the current BALM Software Surveyclick here.