FIMAC Solutions

Based in Denver, Colorado we specialize in providing the financial services industry with banking software focusing on risk management and profitability solutions. At the core of FIMAC Solutions products and services are our proprietary financial analytics solutions. We provide quality solutions at a fair price. Our foremost Risk Analytics® ALM Mod... el with back testing allows financial institutions to understand the asset liability management (ALM) position of their balance sheet and interest rate risk (IRR), how those cash flows are subject to change given changes in interest rates. Armed with this information, senior managers can perform their own "what-if" analysis by using our integrated Balance Sheet Manager (BSM) module. The ALM/IRR model is a dynamic income and net present value equity simulation model. We provide an ALCO with the information they need. Our recently created Training and Education Department will satisfy needs of users and operators of our models. Soon to be expanded to offer CPE credits, the department will also focus on general risk management training needs of the banking and credit union communities. Our consultancy subsidiary, Financial Institution Management Associates Corp. focusing on risk management conducts loans reviews, interest rate risk audits (internal audit) and special management reviews, analysis of ALM/IRR positions and development of balance sheet strategies to maximize ROE, training and educational programs, and development of appropriate policies among many other engagements.Read More