GLOBAL – Ryan ALM has unveiled a web-based system that monitors pension asset/liability risk on a daily basis.
Ryan said the Alert (Asset/Liability Early Risk Transparency) system is a “daily system that calculates and monitors the present value size, shape and risk/reward behaviour of a plan’s liabilities”.
It said the system provides “succinct liability portfolio showing every liability payment and its valuation”.
The system uses the actuary’s annual cash flow schedule and “will match and balance to this schedule plus show the future value of liabilities as a report”.
The present value for each liability payment is calculated and sorted — as is the structure of liabilities showing the future value, present value and average duration, yield, price for each annual duration cell plus total liabilities.
Ryan ALM was set up by former Lehman Bros director of research Ron Ryan after he left the company he founded, Ryan Labs, last year.