Software Alliance Corp. and Risk Management Technologies have jointly introduced Radar, an asset-liability management and valuation model. Using high-end analytics, relational data bases, and a graphic user interface, Radar gives financial institutions the tools they need to improve interest rate risk margins and maximize earnings.
Radar's major objective - to improve decision quality - is accomplished with a sophisticated and comprehensive suite of analytics. They capitalize on an open-systems architecture that accommodates the lowest level of transaction detail and provides instantaneous, multiple views of analytical results. In addition, Radar's new strategy modeling module allows banks to input management directives and business guidelines to help judge the effectiveness of strategies in an uncertain economic environment.
Radar allows asset-liability managers to simulate performance under various scenarios, perform option-adjusted cash flow analysis, and undertake elaborate sensitivity analysis on many variables, including prepayment behavior and interest rate volatility.
Both companies are based in Berkeley, Calif.