As we approach 2019, banks and credit unions are focusing on liquidity, which has recently become a key focus of regulators who have highlighted a reduction in liquid assets at banking institutions. Since the 2008 financial crisis, banks and regulators have taken significant steps to monitor liquidity risk, but new liquidity concerns have emerged, and financial institutions need to ask themselves whether they can defend their liquidity risk management strategy to regulators.
Are CFOs, risk managers and Asset Liability Committee (ALCO) boards asking the right questions? Have they changed their liquidity risk management strategy to address some of the key challenges that emerged from the financial crisis? Do they have the proper plans in place to effectively measure, monitor and manage liquidity risk? MountainView Financial Solutions, a Situs company, is releasing a series of short Liquidity Risk Management e-books designed to help financial institutions spot-check their overall strategy from the fundamentals to specific monitoring and measurement mechanisms. The first e-book, 5 Key Steps to Transform Your Liquidity Risk Management Approach, is available for download by clicking here.