Infosys’ AI Finacle: Could Save Banks from Financial Catastrophe?
NEW YORK, USA, 31st January 2025 – Infosys Finacle, a division of Infosys, has recently unveiled the launch of the AI-powered Asset Liability Management (ALM) Solution.
This innovative tool helps financial institutions manage liquidity and interest rate risks by providing a comprehensive, real-time view of both on- and off-balance sheet exposures, which greatly improves decision making.
The ALM solution utilizes advanced data analytics, as well as AI features to assist with forecasting and cash flow management.
The system’s cashflow engine provides forecasts for both behavioral and contractual cash flows which assist banks with critical strategic decisions such as balance sheet planning and asset/liability pricing.
One of the most remarkable aspects of this technology is the advanced stress testing and scenario modeling, enabling financial institutions to simulate and optimize critical liquidity and interest rate risk drivers for better market response.
Furthermore, users will benefit from integrated reporting infrastructure consisting of both pre-configured and on-demand Basel norms-based reports for compliance management.
According to Sajit Vijayakumar, Chief Business Officer and Global Head at Infosys Finacle,
“With Finacle Asset Liability Management, we now have the ability to help banks deal with the challenges posed by the current global economic dynamics and manage the liquidity and interest rate risks with unprecedented clarity.”
Bankers like Mohammad Muzaffar Wani, Deputy General Manager – IT and BPR, Jammu and Kashmir Bank shared the benefits of this initiative,
“This strategic initiative empowers us to enhance our liquidity and interest rate risk management capabilities while also improving our modeling sophistication to better adapt to the challenges presented by the matrix market.”
The Finacle Asset Liability Management Solution aims at making banks’ funding and liquidity decisions prudently while defining risk and compliance parameters and optimizing asset allocation.
The solution focuses on giving financial institutions relevant tools through the application of AI and advanced analytics for ease of operations in today’s complex world of banking.
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