Paper Info
Title
An intelligent system for asset and liability assessment
Abstract
In the volatile and competitive banking market Asset and Liability Management (ALM) is becoming increasingly mission critical. Swiss Bank has built an intelligent system, called BALET (BALance sheet Estimation Tool), which supports this ALM process by automating the assessment of financial indicators. To provide alternative options, BALET simulates the possible effects of various economic trends. BALET's principal user is a company's chief financial officer or corporate treasurer who's goal is to propose options that directly reduce the organisation's operational financial exposure, particularly when associated with interest rate risk and fluctuations. BALET's architecture consists of intelligent agents which defines these options (the simulation agent), analyse the alternatives (the analysis agent), generate hedges (the hedging agent), explore various interest assumptions and their implications (the interest rate agent), and generate intelligent reports (the report agent). These agents operate over an object-oriented business model of a company's balance sheet. BALET is in operational use at Swiss Bank and over 12 of their customers.
Year
Venue
Keywords
1996
national conference on artificial intelligence
simulation agent,interest rate agent,chief financial officer,intelligent agent,liability assessment,hedging agent,financial indicator,report agent,balance sheet,swiss bank,analysis agent,intelligent system
Field
DocType
Citations 
Intelligent agent,Balance sheet,Computer science,Asset and liability management,Interest rate risk,Liability,Risk analysis (engineering),Interest rate,Business model,Artificial intelligence,Mission critical,Machine learning
Conference
2
PageRank 
References 
Authors
2.33
0
3
Name
Order
Citations
PageRank
Urs Bühler122.33
Luca Bosatta222.33
Lawrence Poynter322.33