BancWare Focus ALM will provide static and dynamic modeling, helping Caixa Galicia to manage interest rates, foreign exchange and liquidity risk, calculations for on and off balance sheet products, and validation of data.
The bank is implementing the Banking and Planning platform to support cost centre-level financial statements and business management practices including branch opening, closures and acquisitions.
It was important for us to have an integrated tool to meet both our cash flow analysis and to help streamline the budgeting process from beginning to end, said Antonio Gallardo, head of financial planning for Caixa Galicia.
