August 2010 BALM Newsletter Preview  Outsourcing the ALM Process—A 2010 Update by Mary Brookhart of Southeast Consulting. In this important annual update article, Ms. Brookhart reminds us that outsourcing can offer a strategic competitive advantage to the financial institution that needs to deliver regulatory compliance while reducing bank operational costs. Selecting and managing an outsourcing vendor can be an extremely complex and complicated undertaking. Each facet of the selection process must be carefully considered and properly executed. This article reviews critical vendor selection steps to assist your institution with this process and addresses the following evaluation considerations:

 

bulletOutsourcing Benefits.
bulletOutsourcing Risks.
bulletVendor Selection Criteria.
bulletConsultant Selection Criteria

See the complete article for a comprehensive annual listing of ALM outsourcing and consulting vendors.To preview an executive summary of this important article click here.

 

 

       2010 BALM Compensation Survey -  The editorial staff of the Bank Asset/Liability Management newsletter has recently completed the newsletter’s 19th annual ALM Compensation Survey. This important survey profiles compensation in key areas for asset/liability managers within the U.S. financial institutions industry. For a summary of these recent compensation trends click here. To order a copy of the 2010 BALM Compensation Survey Click Here

The Bank Asset/Liability Management Newsletter Software Survey is now available. This important listing exhibits the most widely used, commercially available asset/liability management software models used in financial institutions today. The listing is comprised of ALM software priced under $10,000, software from $10,000-$50,000, and more complex software models priced over $50,000. The survey also provides specific capabilities, including costs and hardware requirements for each vendor’s offering. The models exhibited in this list provide tools for identifying specific interest rate risk characteristics, transfer pricing solutions, auditing controls, budget development, and more. The software survey and accompanying literature summarizes several essential criteria to be considered prior to purchasing ALM software. To order a copy of the current BALM Software Survey Click Here

 

Press Releases & Recent Media Coverage:

(click to view the full text)

5/12/2010

 

Southeast Consulting, Inc. has published the Firm's 19th Annual Asset/Liability Management Compensation Survey

 

 

 

 

 

8/15/2006 Rich Baich joins Bank Fraud Newsletter Editorial Board
  
8/10/2004Frank Abagnale joins Bank Fraud Newsletter Editorial Board.
4/21/2003 The editors and publishers of Southeast Consulting,Inc. (SCI) have launched a timely new publication entitled The Bank Fraud & IT Security Report.
1/15/2003 Client Satisfaction Exceeds 90% for the 4th Straight Year 
2/14/2002 SCI is Certified a Women-Owned Business by the City of Charlotte, North Carolina.
11/15/2001 Peter Mihaltian, President & Chief Operating Officer at Charlotte-based Southeast Consulting, Inc., has been appointed to the Advisory Board for The University of North Carolina at Charlotte College of Information Technology.
12/20/1998 Peter Mihaltian is quoted in The ALM Review as saying, “Looming changes in the US banking industry will affect the future of asset/liability management.
12/10/1998 A newly published dictionary by Charlotte computer consultant Mary Brookhart entitled Internet Terms and Computer Acronyms contains thousands of computer, networking and communications terms.
2/2/1998 Peter Mihaltian, vice president at Southeast Consulting, Inc., a technology consulting firm in Charlotte, is focusing on small- to medium-sized banks.
7/21/1997 An ALM Pocket Guide published by Charlottean Mary Brookhart is just the answer for bankers grappling with asset/liability management basics.

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