EMPYREAN SOLUTIONS – THOUGHT LEADERSHIP SERIES
Transforming Treasury
An eight-volume series on interest rate risk, model governance, and the future of balance sheet management in U.S. banking.
Brian Gilbert — Chief Banking Officer, Empyrean Solutions
Fireside chat — July 28, 2026 • Volumes 1 & 2 publish July 28, 2026
70%
2 of 3
9,000
The fireside chat
Ahead of publication, Brian Gilbert sits down with Laurent Birade to introduce the Five Pillars framework and preview what the series argues. Stream now to see the full conversation.
Transforming Treasury
A conversation on why interest rate risk has driven two of the last three major U.S. banking crises, what the Five Pillars framework prescribes, and what the series covers over the months that follow.
The Five Pillars of a Shareholder Approach
Not a way to satisfy an examiner — a way to genuinely understand and manage the balance sheet. Each pillar depends on the one before it, except the fifth, which spans all four.
1. Data Integrity
Accurate contractual cash flows for every instrument, before any behavioral assumption is layered on top.
2. Behavioral Modeling
Capturing the non-linear relationship between rate movements and deposit migration — not a static decay rate.
3. Stochastic Modeling
Hundreds of rate paths, not parallel shocks — making the tail of the distribution visible before it arrives.
4. Programmatic Hedging
Caps and floors purchased systematically to cover both legs of the balance sheet’s short strangle.
5. Funds Transfer Pricing
Pricing the risk of every transaction back to the business unit that created it, at the moment it’s created.
The release ledger
Eleven documents, released across roughly five months. Each builds on the credibility of the one before it. Register once and every volume lands in your inbox the day it publishes.
Launch — July 28, 2026 • CEFPRO Conference — October 27, 2026 • Final essay — December 2026
Ref | Title | Date | Status |
|---|---|---|---|
| Easy Setup | |||
| Webinar | The Fireside Chat: Introducing the Five Pillars | Jul 28, 2026 | Watch Now |
| Vol. 1 | The Crisis Nobody Saw Coming—Again | Jul 28, 2026 | Download |
| Vol. 2 | The Flawed Foundation | Jul 28, 2026 | Download |
| Vol. 3 | The Short Strangle No One Hedges | Aug 11, 2026 | Download |
| Vol. 4 | The Shareholder Standard and the Five Pillars | Aug 25, 2026 | Download |
| Vol. 5 | The Programmatic Hedge | Sep 10, 2026 | Download |
| Vol. 6 | FTP as Risk Management, Not Incentive Architecture | Sep 23, 2026 | Download |
| Vol. 7 | Model Risk in the Rate Cycle | Oct 7, 2026 | Download |
| Vol. 8 | The Treasury Department of 2030 | Oct 21, 2026 | Download |
| Companion | Testing the Programmatic Hedge | Nov 3, 2026 | Scheduled |
| Companion | Testing the Programmatic Hedge | Nov 3, 2026 | Scheduled |
| Essay | Fragile by Design | Nov 24, 2026 | Scheduled |
| Essay | Beyond the Five Pillars | Dec 15, 2026 | Scheduled |
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The practitioner framework, analytical judgments, and conclusions in this series are those of Brian Gilbert, Chief Banking Officer, Empyrean Solutions. Conceptual review provided by Laurent Birade, Principal, Strategic Balance Sheet Management. Developed with the assistance of AI research and drafting tools, with all analytical judgments and conclusions reviewed and directed by the named author.