The office of finance and the race for agility
The management of volatility in any market and the associated risk factors have grown exponentially – adequate planning was important before, but it is doubly so now.
Verostone for Banking enables optimal decision making
Plan product asset balance and run-off by product based on funding rates from your FTP system. Plan interest revenue and expenses relative to prime lending, other base rates and yield curves. Integrate your actuals and forecasts to produce your financial statements and variance reports in record time.
Directly relate your income and expense accounts to your run-off logic and balance sheet balances plan. Copy your portfolio and financial forecasts to what-if models to change assumptions on interest rates, yield curves, portfolio products and more so you can stay agile, mitigate risk and explore growth opportunities.
- Revenue and Net Interest Margin Planning
- Banking Dashboards and Reports
- What-if Analysis and Financial Modeling for Banks
- Real-time Product Profitability Analysis
- Variance Reporting and Financial Statements