{"product_id":"9781119635482","title":"Asset Liability Management Optimisation A Practitioner's Guide to Balance Sheet Management and Remodelling","description":"\u003ch3\u003eWiley Finance\u003c\/h3\u003e\u003ch1\u003eAsset Liability Management Optimisation\u003c\/h1\u003e\u003ch2\u003eA Practitioner's Guide to Balance Sheet Management and Remodelling\u003c\/h2\u003e\u003ch3\u003eBeata Lubinska\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003eAn advanced method for financial institutions to optimize Asset Liability Management for maximized return and minimized risk \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial institutions today are facing daunting regulatory and economic challenges. As they manage bank regulation and competition, institutions are also optimizing their Asset Liability Management (ALM) operations. The function of the ALM unit today goes beyond risk management related to the banking book into managing regulatory capital and positioning the balance sheet to maximize profit.  \u003ci\u003eAsset Liability Management Optimization: A Practitioner's Guide to Balance Sheet Management and\u003c\/i\u003e\u003ci\u003e Remodelling\u003c\/i\u003e offers a step-by-step process for modeling and reshaping a bank's balance sheet. Based on the author's extensive research, it describes how to apply a quantifiable optimization method to help maximize asset return and minimize funding cost in the banking book.\u003c\/p\u003e \u003cp\u003eALM ranks as a key component of any financial institution's overall operating strategy. Now, financial professionals can use an advanced solution for optimizing ALM. This book takes a closer look at the evolving role of the ALM function and the target position of the banking book. It provides strategies for active management, structuring, and hedging of a bank balance sheet, while also exploring additional topics related to ALM.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA description of the Funds Transfer Pricing (FTP) process related to a bank’s target position\u003c\/li\u003e \u003cli\u003eDetailed examinations of interest rate risk in the banking book (IRRBB)\u003c\/li\u003e \u003cli\u003eDiscussion of Basel III regulatory requirements and maturity gap analysis         \u003c\/li\u003e \u003cli\u003eOverview of customer behavior, along with its impact on interest rate and liquidity risk\u003c\/li\u003e \u003cli\u003ePractical spreadsheet models (NII sensitivity and EVE volatility IRRBB model, simplified optimization model for minimization of average funding cost for a bank and an example of behavioral model for Non-Maturing Deposits)\u003c\/li\u003e \u003cli\u003eExplorations of model risk, sensitivity analysis, and case studies \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe optimization techniques found in \u003ci\u003eAsset Liability Management Optimization\u003c\/i\u003e can prove vital to financial professionals who are tasked with maximizing asset return and reducing funding costs as a critical part of business objectives.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e \u003cp\u003e \u003cb\u003eBEATA LUBINSKA\u003c\/b\u003e is a Founder of BL Advisory \u0026amp; Consulting, a boutique firm based in London. Previously, she has worked in senior positions in a number of financial services companies such as GE Capital, Deloitte, Standard Chartered Bank, and MeDirect Group in London, where her focus was mainly on Interest Rate Risk in the Banking Book (IRRBB), Market Risk, Balance Sheet Management, and Funds Transfer Pricing. She has over 16 years of practical experience developed in the Asset Liability management space gained both in Milan and London. Beata is also a faculty member at The Certificate of Bank Treasury Risk Management, where she teaches optimisation techniques in Asset Liability Management. She holds a PhD in Finance from Wroclaw University of Economics. \u003c\/p\u003e  \u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e27 April 2020\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119635482\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e240\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e20.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44378767589516,"sku":"9781119635482","price":93.6,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119635482.jpg?v=1780179971","url":"https:\/\/lateknightbooks.com\/products\/9781119635482","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}