Credit union leaders know that dynamic interest rates can have a lasting and intense impact on their institutions. These controllable risk types can affect the risk exposure to a credit union's financial position:
To manage the inevitable rise and fall in rates, credit unions are seeking ways to evaluate risk exposure while increasing their income. A successful strategy requires a product that is easy to use, flexible enough to manage various risks and scenarios, scalable, and able to track progress toward goals. The ideal asset and liability management (ALM) tool makes forecasting highly accurate and effective. It also fits with the credit union's business processes, enabling employees to spend more energy on income opportunities and planning.