ALM starts with Empyrean.
Know what changes in interest rates mean for your balance sheet position faster, and with the context of how this may impact other aspects of your business.
Empyrean ALM provides a compass for strategic decision-making that provides the needed link to financial planning, profitability, capital and liquidity risk.
Trusted by more than 700 institutions
End-to-end interest rate risk workflow management purpose-built software for decision-making.
Empyrean ALM is asset liability management software for banks and credit unions designed to measure interest rate risk and construct balance sheet strategies on a platform shared with CECL, liquidity risk, budgeting & planning, and profitability solutions.
Finance, treasury, risk, and ALCO work from a common set of assumptions. The model provides speed and accuracy to quickly assess balance sheet strategies and meet supervisory expectations.
See interest rate risk in one place.
NII and EVE/NEV across unlimited interest rate paths.
Model deposits the way they behave.
Repricing and decay calibrated to your data, not a generic curve.
Test the decision before you make it.
Run rate, funding, pricing, and growth scenarios on demand, before ALCO commits.
Funds Transfer Pricing without a second system.
One built-in FTP engine, shared with Profitability.
Defend every number, down to the input.
A model you own, with change tracking, a full audit trail, and inputs visible in-platform or in Excel.
Run capital and CECL leveraging common assumptions.
One cash-flow engine across ALM, CECL, capital & liquidity stress testing, budgeting & planning, and profitability.
How Empyrean ALM compares.
Here's how spreadsheets, a legacy ALM platform, and Empyrean compare.
The Profitability & CECL connection
Your FTP engine, your cash flow engine, and your risk models. All shared and accessed on the same platform.
Empyrean ALM generates your funds transfer pricing and shares one cash-flow engine with CECL, liquidity, budgeting & planning, and profitability. The FTP rates from your ALM model flow directly into Profitability, and the same prepay assumptions drive your CECL reserve and your budget. No manual exports, no re-keying, and no quarter spent explaining to examiners why two systems disagree.
Recognized as the Industry Standard
Built for institutions your size.
ALM looks different at a $1.5B community bank where a two-person team runs the quarterly ALCO report versus a $30B regional with multiple business lines, enhanced expectations, and an enterprise model risk management function. Empyrean’s scalable design solves for those needs effectively.
Defensible interest rate risk, right-sized for your team.
You don't have a quant team or a 12-month implementation budget, but your examiners still expect documented, repeatable IRR analysis and ALCO reporting. Empyrean ALM gives a two- or three-person Treasury and Finance team a model they can run, explain, and defend every quarter, and use to make a funding call in between.
Exam-ready ALM your team can actually run.
Interest rate movements and volatile deposit behavior demand faster, more dynamic analysis than a spreadsheet can produce. Here’s what changes when you move off spreadsheets and legacy tools that were never built for a lean and agile team.
Right-sized for community banks and credit unions, not adapted from an inflexible enterprise tool.
A scalable ALM solution designed to meet your business where they are today:
- Start right-sized, grow over time. A curated chart of accounts and standard reporting offer you a starting point. Add depth as you grow in size and complexity.
- Built around how your team already works. Workflows built for how risk and treasury load data, validate assumptions, and share results.
- Keep Excel where it helps. Assumptions and results visible in the platform, with the Excel reporting your team wants and your board already reads.
- One set of numbers. Balance Sheet assumptions consistent across ALM, CECL, budgeting & planning, and profitability.
- No black box. Every assumption is yours to input, view, document, and defend.
For Regional FI
Interest rate risk scenarios modeled in minutes, not hours.
Empyrean ALM gives you multi-scenario simulation results in minutes, governance and controls the process requires, and results your board, your examiners, and your auditors can all trust.
Everything a complex balance sheet needs, in one workflow.
Answer balance sheet strategy questions at today’s pace, not your platform's.
Run NII, EVE/NEV, and dynamic balance-sheet scenarios in minutes, not hours or days.
Walk into ALCO ready.
Standard policy runs, enhanced what-if analysis, balance sheet strategies and optimization.
Model the balance sheet you actually have.
Complex product hierarchies, multi-entity structures, and custom scenarios, built to solve the problems you face today.
Shared assumptions that foster confidence in your decisions.
ALM, CECL, and budgeting & planning share assumptions, and FTP rates flow to Profitability automatically.
Give the board numbers it can act on.
Transparent reporting, with every figure traceable to its source in-platform or in Excel.
Advanced analysis that leads to better decisions.
Dynamic balance sheet approaches and hedge optimization allow for deeper analysis and discussion.
Stronger connected. Complete on its own.
On the Empyrean platform: ALM, CECL, budgeting & planning, and profitability share common engines and assumption sets, so the inconsistency between models across the risk stripes goes away and FTP flows straight to Profitability metrics.
On its own: Even standalone, you get a modern data architecture, impressive performance, multi-scenario depth across risk stripes, and institutional-grade documentation. The integration is the multiplier, not the requirement.
Built to scale.
Sized for where you’re going, not just where you are.
The legacy platform that’s slowing you down at $10B becomes a liability as complexity grows, and consultant dependency and disconnected assumptions become a governance risk. Empyrean ALM scales across the thresholds that define this segment, adding depth as requirements grow, without a rip-and-replace at $50B.
Banks like yours don't go back to the legacy platform.
“With Empyrean’s automation, our monthly ALM build is now a push-button process. We’ve replaced over 80 manual steps, saved about a day of production time, and most importantly shifted our focus to analysis instead of administration. If something looks off, we zero in on the data or a specific script block and move fast.”
— Daniel Rivera, Senior ALM Analyst, Hancock Whitney Bank ($36B)
Frequently asked questions
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ALM software helps institutions analyze interest rate risk, liquidity risk, funding pressure, deposit behavior, and broader balance sheet exposure. Many banks also use ALM platforms to support stress testing, capital planning, and forecasting. Empyrean ALM models interest rate, liquidity, funding, deposit, and capital exposure on one cash-flow engine, so the assumptions behind your rate scenarios are the same ones behind your liquidity and capital analysis.
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Banks manage interest rate risk by simulating how their balance sheet behaves as rates move, using NII sensitivity (a near-term earnings view) and EVE/NEV (a long-term value view) across multiple rate scenarios, then setting policy limits and reporting results to ALCO and examiners. The quality of that process depends on the assumptions behind it, especially non-maturity deposit repricing and decay. Empyrean ALM runs these simulations on demand rather than on an overnight batch cycle, calibrates NMD behavior to your institution’s actual data, and documents every assumption for examiner review.
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It shortens the distance between a question and an answer. When scenario analysis takes days, ALCO reacts to decisions that have already been made. When it takes hours, the committee can test a funding, pricing, or growth move before committing to it. Empyrean ALM lets finance, treasury, and risk teams run rate and liquidity scenarios on demand, forecast balance sheet performance, and produce reporting transparent enough that executives and boards can act on it rather than just file it.
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The right ALM software turns a slow, fragile process into a fast, defensible one. Look for multi-scenario NII and EVE/NEV simulation; liquidity and cash-flow modeling on the same engine; non-maturity deposit modeling you can calibrate; documentation and an audit trail generated as you work; visible inputs and outputs you can trace, including to Excel; a model you own and can explain to an examiner without a consultant; and integration with the rest of your finance stack so FTP, CECL, capital, and planning share one set of assumptions. Empyrean ALM was built for community and regional institutions on exactly those terms.
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In banking, ALM refers to asset liability management: software used for balance sheet risk analysis, interest rate and liquidity modeling, and financial forecasting. Application lifecycle management, also shortened to ALM in the technology industry, refers to software development, testing, and release processes. They share an acronym and nothing else. Empyrean builds ALM software for financial institutions.
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Excel produces a number; it doesn’t produce a defensible, repeatable process. The real cost is the examiner risk, the version-control fragility, and the day or more of manual work every cycle, plus the key-person exposure when the one person who understands the model leaves. Empyrean replaces the manual process with an automated workflow that’s documented as you work and survives staff turnover, and you keep the Excel outputs your board is used to reading. For most institutions, the bigger expense was never the license.
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Two reasons come up most: speed and ownership. Legacy platforms can take weeks to run the multi-scenario analysis your ALCO needs, and the model is often consultant-built and hard to defend to an examiner. Empyrean runs multi-scenario simulation in hours on an integrated platform, your team owns and can explain the methodology, and ALM shares assumptions with CECL, capital and stress testing, and planning so your functions aren’t defending different numbers. Most teams also see a lower total cost of ownership without on-premise infrastructure.
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It depends on your size and the complexity of your balance sheet and data. Community banks using the pre-built data model can go live in roughly 60 to 90 days with no custom engineering. Regional banks with multi-entity structures and custom scenarios take longer, but still avoid the multi-year timelines legacy platforms are known for.
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Yes. Empyrean’s deepest advantage is the shared engine with CECL, capital and stress testing, budgeting, and profitability, so assumptions agree across functions by design. The integration is the multiplier, not the requirement.
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It’s who we build for. Empyrean ALM is designed for finance and treasury teams that run ALM themselves, with workflows built around how those teams actually load data, validate assumptions, and share results. Start with built-in key-rate scenarios and automated sensitivity reports, pass your next exam, then add depth as the team is ready. There’s no black box and no consulting dependency. Every assumption is yours to see and explain.
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Neither. Empyrean ALM is right-sized: deeper than spreadsheet and basic community tools, more accessible than enterprise platforms built for the largest banks, and priced for institutions your size. It starts right-sized and scales with the balance sheet, so you don’t pay for complexity you don’t need today or replace the platform when requirements grow.