IRRM Release 4.0
By The Baker Group Software Solutions Inc
Published: 12/12/2008

Interest Rate Risk Monitor - Release 4.0

(Logon to My Portfolio to read more about this release and to download the latest version)

The Baker Group is pleased to announce the release of Interest Rate Risk Monitor: IRRM® 4.0 effective December 12, 2008. This is the newest version of our industry leading Asset / Liability Management software which has been in use by community banks for over 25 years. As with prior versions, IRRM® 4.0 will allow bank managers to efficiently determine the institution’s interest rate risk to earnings and equity. IRRM® also reduces regulatory and accounting burdens, and provides “what if” simulation analysis along with an accurate process for projecting the bank’s future profitability.

New features and functions include:

·         New Options for Modeling Growth of the Balance Sheet

·         Non-Parallel Yield Curve Shifts

·         Alternative Methods for Calculating Baseline Projections

·         Specifically Tailored Reports for Management, Directors, and Examiners

·         And much more…

-Additional features and functions are detailed on the following page

Users of IRRM® will be able to access training and tutorial software along with periodic conference calls and an electronic newsletter to keep informed about changes, trends, and hot topics along with tips on getting the most out of the model. These training resources will differentiate between the needs of in-house users and the needs of clients who outsource the processing function to The Baker Group.

At The Baker Group, we are proud of our long-standing reputation as a leader in the design and development of software and systems for interest rate risk management. The release of IRRM® 4.0 is just the latest contribution to that tradition and that history.

IRRM v4.0 Features and Functions include:

·         New Options for Modeling Growth of the Balance Sheet

·         Non-Parallel Yield Curve Shifts

·         Alternative Methods for Calculating Baseline Projections

·         Specifically Tailored Reports for Management, Directors, and Examiners

·         IRRM now saves Short & Long Indices for each month

·         New report engine with additional features like:

·         Email .pdf reports

·         Save .pdf reports

o   Prompt location directory or store permanent location

·         View documents online - IRRM Model Third Party Validation Letter

·         New Reports –

·         Summary Board Reports (printed portrait) include:

                                                               i.      Risk Profile

                                                             ii.      Balance Sheet Summary

                                                            iii.      Balance Sheet Projections (Chart)

                                                           iv.      Liquidity & Earning Power Measures

                                                             v.      Capital Adequacy

                                                           vi.      Profitability

·         Table of Contents

·         Filtered Reports – details the top impacted accounts, which is user definable

·         Traffic Report – illustrates how accounts prepay, roll, or decay into other accounts

·         Cumulative Interest Income& Expense Reports

·         User definable Floors &/or Caps for Reinvestments Rates

·         Amortize Account Balances

·         Easily upload your IRRM file (and history) through The Baker Group’s web site

·         Notification of new IRRM versions and updates