PROFITstar® ALM/Budgeting * – Asset/liability management and budgeting system

PROFITstar ALM/Budgeting is the asset/liability management and budgeting system that provides the functionality to perform sophisticated modeling, and to shock balance sheets and income statements with multiple interest rate scenarios.  This system also allows credit unions to track “what-if” scenarios with strategic monitors that automatically create audit trails; analyze market risk in response to regulatory requirements; and create detailed, summary, and variance budget reports.  This risk management solution is the network-based, intuitive budgeting system that provides front-line credit union managers with complete control over the entire budgeting process.  The system documents all budget assumptions, allows capital expenditures to be approved line-by-line, and facilitates ongoing budget forecasting. 

* Provided by Jack Henry & Associates’ ProfitStars division