Olson Research Associates Inc., which provides asset/liability management systems, released a new version of its financial planning model, designed to help bankers perform detailed portfolio analysis.
Version 5.1 integrates new forecasting, analysis, and reporting issues created by FAS 115, FDICIA 305, and other regulatory requirements with traditional planning and budgeting analysis.
For forecasting, the model now has the ability to produce a future balance sheet that incorporates a mark-to-market calculation of any available for-sale securities and reflects the necessary adjustment to capital equity. It also calculates the impact of interest rate changes on a bank's capital requirements.
Olson Research is based in Columbia, Md.