Company Performance Metrics
Richard B. Pennington: Vice-Chairman
John Anton: President
Based in Denver, Colorado they 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 their proprietary financial analytics solutions. They provide quality solutions at a fair price.
Their foremost Risk
Analytics® ALM Model 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 their integrated Balance Sheet Manager™ (BSM) module. The ALM/IRR model is a dynamic income and net present value equity simulation model. They provide an ALCO with the information they need.
