Balance Sheet Planning
There is a disconnect between most balance sheet management systems and those used in the budgeting process. For many, this leads to the frustrating reality of forecasting inconsistent net interest income across their planning and risk processes even though they’re using the same balance sheet forecast. How can they bring the same calculation precision and rigor of their balance sheet management discipline to the granular budgeting process?
Support bottom-up planning
The Empyrean entity framework allows users to forecast the balance sheet at any level they choose, down to the lowest granularity they determine.
Uniform assumptions
Bring consistency in the assumptions used to drive budgeting and forecasting exercises as behavioral characteristics and new business assumptions will be defined once.
A single net interest income calculation
Creating a level of consistency across all calculations regardless of whether forecasting levels differ for risk and planning purposes resulting in a consistent calculation of net interest income across both efforts.
