Fresh Insights for Financial Services: Analytics Modernization and Next-Gen ALM

Sponsored by SAS

In early 2023, SAS and Celent joined forces with top financial institutions across the globe to discuss technology and data science modernization in asset/liability management (ALM) from the buyer’s perspective. This survey, completed during a time of market volatility, shows the value of integrated balance sheet management catapulted to the forefront.

The study explores these topics and more: 

• Best practices in balance sheet optimization and capital planning
• Analytics modernization and next-generation data science
• Technology modernization in ALM, including smart automation and orchestration, DevOps, and cloud
• Migration path to ALM modernization

Join us for a live webcast where we discuss the key survey findings as well as the implications of these findings and the path forward.

Speakers

Neil Katkov

Director of Risk, Celent

Neil Katkov, a Director in Celent’s Risk practice, advises leading financial institutions and technology vendors on their business, technology, and compliance strategies. His advisory engagements have included vendor selection for financial institutions, market feasibility studies for financial institutions and technology vendors, and strategic due diligence on several of the leading compliance vendors. 

Neil has been widely quoted in the press, including The Financial Times and The Nihon Keizai Shimbun. He has appeared on CNBC, CNN, and TV Tokyo, and is a popular speaker at conferences in North America, Asia, and Europe. Neil launched and managed Celent’s presence in Asia for 15 years and helped establish the firm’s market leading position in Japan.

Mark E. Slattery, CFA®

Director, Business Solutions - Risk Research and Quantitative Solutions. SAS

Mark Slattery is a financial services professional with over 35 years of experience, specializing in disciplines such as ALM, financial modeling and forecasting, risk management, capital optimization, and residential mortgage investments and operations. He also maintains a thorough understanding of an extensive array of other fixed income products and investments as well as associated hedging vehicles. 

At Kamakura, Mr. Slattery was a Managing Director, North American Client Services. In this capacity, he worked with Kamakura clients to meet a “best practice” standard in enterprise risk management, including ALM, stress testing, liquidity and capital management, and model effectiveness. At SAS, Mr. Slattery is a Director in the Risk Research and Quantitative Solutions group. He holds an MBA in Finance and Accounting from the Kellogg Graduate School of Management of Northwestern University and a Bachelor of Arts in Economics from Northwestern University. Mr. Slattery also earned his Chartered Financial Analyst designation.

Jenna Fiala

Head of Strategic Financial Modeling, American AgCredit

Jenna leads a financial modeling team in performing interest rate risk measurement, financial forecasting, and stress testing within the strategy and finance division. She most recently was involved in implementing CECL within the integrated modeling framework. Prior to joining American AgCredit, Jenna had financial modeling roles with CoBank and U.S. AgBank, combined for 16 years of service within the Farm Credit system.

Bryan Feierstein

SVP, GARP Benchmarking Initiative

Bryan Feierstein joined GARP in 2015 as part of the GARP Benchmarking Initiative team. Prior to that he spent 30 years as a risk practitioner on the banking and insurance sides along with several years working in the risk technology space.

Bryan recently co-authored a technical paper, "Calculating the Regulatory Surcharge for US G-SIBs" that steps through the mechanics of the regulatory capital buffer-setting mechanism using publicly available bank data.

About SAS

As a leader in analytics, SAS’ award-winning capabilities in analytics, risk management, and other technology areas have helped customers across the globe solve their toughest and ever-evolving business problems. Its unrelenting commitment to innovation enables organizations across financial services to modernize and sustain a competitive edge. Through the latest developments in machine learning, natural language processing, forecasting, and optimization, SAS supports diverse environments and scales to meet changing needs. Learn more about how SAS is driving innovation and business value for risk and finance professionals at www.sas.com/risk