Recorded Webinar: ALM: A Practical Approach by Jose Padilla & Olmo Vazquez

About this Event

The last great financial crisis 2008 underlined the importance of effective liquidity risk management. Today, in the midst of the COVID 19 crisis, we have seen how the initial measures adopted by central banks have focused on interest rates and liquidity, so called bazooka An active ALM function within a banking institution is necessary in order optimize P&L and reduce structural risk.

As ALM becomes increasingly important, financial institutions need to have a proper system in place.

Technology has changed exponentially over the past five years, since the emergence of Big Data, the Cloud, and technologies based on them As technology evolves, the ALM function will be able to take advantage of it through cost Optimization, faster computations, greater analytical capacity, etc however, changing a model system is not a bed of roses

In this webinar, we will cover how technology has evolved, how a financial institution can take advantage of it, and the key aspects that can make a project successful.

  • Importance of ALM during a crisis
  • Technological evolution over the past ten years
  • How can an ALM function take advantage of today’s technology?
  • Critical components of an ALM project
  • Legacy systems and their evolution
  • Lessons learned and key aspects that can make a project successful

Olmo Vázquez

CEO

Olmo is global CEO for Mirai Advisory. Mirai is a niche consultancy firm specializing in balance management – ALM, Liquidity, FTP, Capital etc -.

An accomplished professional with more than 15 years of experience. Olmo has developed his professional career around financial risk consulting worldwide (Europe, USA, South America) working for Tier I financial institutions.

Olmo is a Computer Engineer from the Universidad Politécnica de Madrid.

José Padilla

Head of South América

Professional with more than 8 years of experience, José has worked for Tier I and I financial institutions and other Spanish and multinational companies. He has participated in the organization and management of end-to-end ALM system implementations. He has led teams focused on data processing projects, as well as in regulatory reporting projects.

José completed a Bachelor in Business Administration and Management by the Universidad Rey Juan Carlos of Madrid and a Master in Economics from the Universidad Complutense of Madrid.