MILWAUKEE, Wis.– Credit union professionals were given new insights into asset liability management (ALM) best practices, loan portfolio analytics, and rate sensitivity during at QuantyPhi’s fourth annual Strategic ALM Conference.
The two-day educational event, held at Corporate Central Credit Union, also addressed the role of the investment portfolio in supporting the entire balance sheet, how to fine-tune overall ALM models, and how to capture targeted income while remaining within risk parameters, the organization said.
“ALM continuing education is the key to performance success,” said Kevin Chiappetta, QuantyPhi’s president. “The Strategic ALM Conference is designed to help credit unions stay on top of market trends, learn best practices, and develop a better understanding of the total-return ALM approach. Optimizing risk and opportunity across the entire balance sheet, not just the loan portfolio, is the only way to achieve overall optimum results. The total-return approach makes investment decision-making easier, allows for better risk control, and provides investment managers with ready, sound options in unpredictable markets.”
Well Worthwhile
QuantyPhi's Strategic ALM conference was well worthwhile, according to Katie Kennedy, ALM & Investment Manager with Great Lakes Credit Union, who was among the attendees.
“All of the topics presented were engaging and beneficial to advance my ALM and investment knowledge,” said Kennedy. “The conference also provided a great opportunity to network with amazing and talented professionals in the credit union world.”
For more info: QuantyPhi.com.