Crown Agents Bank Implements Interest Rate Swap Hedging via ALMIS Technology
Crown Agents Bank has successfully implemented a multi-currency interest rate swap hedging programme to mitigate structural interest rate sensitivity. By utilizing the Cobalt Treasury Management System (TMS) and Hedge Accounting tools from ALMIS International Ltd., the bank was able to introduce sophisticated hedging capabilities without replacing its existing core banking infrastructure. The implementation was completed within approximately four months, moving from vendor selection to live hedging. Following the initial rollout, the partnership has expanded to include high-quality liquid assets (HQLA) fixed income assets on the Cobalt platform. This modular approach allowed the bank to enhance its risk management toolkit and balance sheet oversight efficiently.
Topics: banking technology hedging programme interest rate risk management treasury management system