MIAC’s Vision™ software is the industry’s most robust and yet user friendly asset and liability management tool available. Vision™ combines the sophisticated valuation technology of MIAC Analytics in concert with newly advanced behavioral modeling and stress testing analytics.
Asset and Liability Management (ALM) software programs help financial institutions measure, analyze, and manage the risks of interest rate shifts, market changes, liquidity, and loan loss.
The software produces:
a) Income statements b) Balance Sheets, and c) Return on Equity (ROE) reports, plus more.
Primary applications of Vision’s outputs are budgeting, forecasting, capital planning, stress testing, regulatory reporting, and performing various Portfolio valuations including, but not limited to the following:
|Bonds and Investments||Non-maturity Demand Deposits|
|Demand Deposits (DDs)||Certificate of Deposits (CDs)|
|Commercial Loans||Maturity Deposits|
|Residential Loans||Hedging Instruments|
|Consumer Loans||Credit Default Swaps|
|Mortgage Servicing Rights (MSRs)|
Furthermore, the software can be used to value derivative contracts and provide sensitivity analyses based on the full spectrum of economic outcomes.
MIAC Vision allows users to stress portfolios using macroeconomic variables together with any measurable loan attributes, using:
- Your assumptions for voluntary and involuntary prepayment, interest rate paths, and credit and future yield curves,
- All macro scenarios and vectors, easily loaded, and used directly by the MIAC models.
MIAC Vision also includes functionality to:
- Analyze compliance with Basel II and Basel III risk-weighted asset requirements, the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR), and the Dodd-Frank Act stress tests,
- Customize your Asset & Liability assumptions simply and extensively.