Announced today, Moody’s Corporation (NYSE:MCO) acquires ZM Financial Systems (ZMFS) broadening Moody’s Analytics’ suite of solutions and expanding ZMFS’ ALM software, which will be integrated into Moody’s Analytics’ Enterprise Risk Solutions (ERS) line of business. This integration will help support financial institutions of all sizes meet their continued growth and risk management objectives.
ZMFS is pleased to welcome four new institutions to our growing client list: Nicolet National Bank Midland States Bank, Clackamas Federal Credit Union, and Atlantic Capital Bank, N.A.
ZMFS is helping clients take the “guess work” out of the equations on repayment/re-amortization for solar panel loans by developing a new instrument that models these loans reflective of the tax credit structure. The structure has extra variables, such as the tax credit repayment date and the expected tax credit amount, that can pose a challenge when forecasting cash flows.
In response to fluctuations in the mortgage marketplace due to the COVID-19 crisis, ZM Financial Systems (ZMFS) recently refit their proprietary prepayment model. The model treats different collateral types equally under a unified framework and projects voluntary and involuntary prepayments simultaneously. Collateral coverage includes conforming 30-year, 15-year, hybrid ARMs and Jumbo mortgages.
Crisis Simulations and Strategies: Financial Institutions Connect to Discuss Forbearance Modeling, Negative Rates and SOFR
More than 70 of ZM Financial Systems’ clients connected virtually this week to discuss simulations and strategies regarding modeling in this uncertain economic time. This peer-led roundtable focused on the impact the COVID-19 outbreak is having on financial institutions.
ZM Financial Systems (ZMFS) recently received third-party model certification validation for its web-based asset liability management model, OnlineALM.com (Version 4.70). Certified by ALM First Analytics, LLC, OnlineALM.com “accurately produces results and model estimates are in-line with expectation.”
As the importance of integrated balance sheet management continues to grow, three banks are utilizing ZM Financial Systems’ (ZMFS) whole suite of SAAS balance sheet management solutions: OnlineALM.com, OnlineBudgeting and OnlineCECL. Read more...
Celebrating a successful 16th year in business, ZM Financial Systems (ZMFS) continues its focus on innovation with the addition of new hires Mike Bollinger, Kayla Nie and Dan Delean. These individuals will assist ZMFS in the areas of behavior modeling, reporting, information technology and client management.
Chartis Research selects ZM Financial Systems (ZMFS) as “Best of Breed” in their prestigious RiskTech Quadrant for fixed-income technology solutions.
ZM Financial Systems (ZMFS) recently received third-party model certification validation for its flagship product, ZMdesk™ (Version 4.70). Certified by ALM First Analytics, LLC, ZMdesk users “can have confidence that the fundamental calculations and operational capabilities of ZMdesk are accurate and the modeling theory is sound.”