Case Study: IncredibleBank achieves independent, flexible ALM management with Abrigo

IncredibleBank manages ALM across 15 locations with Abrigo

IncredibleBank, an innovative community bank with a national online presence, sought a modern, web-based asset/liability management (ALM) solution to replace its outdated model and gain more control over its risk analysis. Their challenge was to find a dynamic ALM provider, like Abrigo, that offered a flexible, independently-run platform to satisfy regulatory requirements and model new opportunities effectively.

By implementing Abrigo’s ALM tools, IncredibleBank gained the ability to manage the model completely in-house. The solution provided a significantly improved process for running interest rate scenarios, consolidating what was once a time-consuming task into a single report that outputs multiple scenarios. This enhanced efficiency allows the bank to easily generate a wider variety of reports for examiners, auditors, and other stakeholders.

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