The recent acquisition of ZM Financial System by Moody’s Analytics helped contribute to Moody’s earning the Category Leader distinction in a new report from Chartis Research. “ALM Technology Systems, 2021: Market and Vendor Landscape” evaluates more than 20 vendors of asset and liability management (ALM) technology systems. Moody’s Analytics earned the Category Leader distinction in all four of the report’s RiskTech Quadrants®.
ZM Financial Systems, a Moody’s Analytics Company, is pleased to welcome three new clients: Equity Bank, First Tech Federal Credit Union, and Teachers Federal Credit Union. With the addition of First Tech Federal Credit Union and Teachers Federal Credit Union, ZMFS expands our reach into the credit union market, providing solutions to more than a quarter of the top 25 credit unions in the US.
Announced today, Moody’s Corporation (NYSE:MCO) acquires ZM Financial Systems 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.
ZM Financial Systems 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.
ZM Financial Systems 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 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.
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 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’ 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.