Alliance Bank Malaysia Berhad has implemented SAS Asset Liability Management (ALM) to enhance its interest rate and liquidity risk management. By leveraging advanced stress testing, scenario analysis, and predictive analytics, the bank improved decision-making, reduced manual processes by 90%, and achieved a tenfold improvement in system scalability. The initiative aligns with Bank Negara Malaysia’s guidelines and supports the bank’s Acceler8 strategy for growth and efficiency. The implementation also led to a 10% savings in operational costs and faster risk assessment. Alliance Bank’s success earned recognition in the 2024 WatersTechnology Asia Awards.
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