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Survey: Risk pros sound alarm on asset liability management readiness

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SAS-sponsored research by Celent reveals a financial industry shaken by recent bank failures and mobilizing to improve risk management practices and capabilities; June 28 virtual event offers more insights

CARY, N.C., June 27, 2023 /PRNewswire/ — The sudden fall of Silicon Valley Bank (SVB) in March was a staccato siren shattering a period of relative calm in the financial services industry. Between 2015 and 2022, bank failures averaged less than four per year – with none at all in 2021 and 2022. SVB’s ripple effects have intensified attention on asset liability management (ALM), a long-overlooked facet of risk management. How financial firms are adapting is the subject of a new ALM research study by Celent, sponsored by analytics leader SAS.

“At the start of the year, few would have predicted that [ALM] would take center stage the way it has.” SAS.com/almstudy

The resulting report, Modernizing Asset Liability Management, is based on a global survey of 266 risk-focused finserv professionals in 22 countries. It provides timely insights into firms’ strategies for strengthening their balance sheets amidst rising interest rates and soaring liquidity risk, the one-two punch that triggered the bank runs that toppled SVB and, subsequently, Signature Bank and First Republic Bank. Among the study’s key findings:

ALM modernization is mission-critical. Most firms (80%) are considering significant improvements to their ALM functions, although planned investments vary by firms’ asset size. A majority of Tier 1 firms ($750 billion or more in assets) are focused on implementing next-gen ALM technology (e.g., cloud-native, API-driven systems and machine learning), whereas nearly half of Tier 3 and Tier 4 firms ($50 billion to $249 billion in assets) are contemplating new systems.
 Foresight, alignment and automation are firms’ top three near-term ALM enhancement priorities. Nearly six in 10 firms (59%) aim to boost their forward-looking simulation capabilities. More than half seek better alignment of ALM with their risk, treasury and finance functions (53%) as well as increased automation in regulator-mandated areas of risk (52%).
 Integrated balance sheet management is most firms’ end goal. Less than a third (29%) of banks have fully automated data sharing between ALM and other risk or business functions. But 40% of firms say they’ve already achieved integrated balance sheet management – and another 39% are striving for it.

Months in planning, the survey was fielded globally in March, giving the research collaborators a unique vantage point to snapshot the changing state of ALM.

“The survey could not have been better timed to capture how firms are responding to evolving disruption,” said Neil Katkov, Director of Risk at Celent. “The good news is that nearly all banks and capital markets firms are using technology systems for ALM, but about half are using dated, monolithic systems that have rather inflexible, prebuilt functions. Such systems simply cannot support the processing speeds and model granularity needed to support ALM best practices, including intraday analytic capabilities and process automation and orchestration.”

A special anniversary – join SAS virtually on June 28
The study’s release coincides with the one-year anniversary of SAS’ acquisition of Honolulu-based Kamakura Corporation, hailed by industry analysts last year as the “joining of matching puzzle pieces” in the risk management realm. The unification of two such esteemed risk technology players was widely recognized for its market-changing potential in ALM and integrated balance sheet management more broadly.

Commemorating the acquisition anniversary, SAS will host a LinkedIn Live virtual event, Navigating Risk in Volatile Markets, Wednesday, June 28, at 1 p.m. ET. No registration is required. Connect with experts from SAS and Kamakura live, or later on demand, to:

Explore the latest trends in credit risk and the future of ALM.Hear practical strategies for managing liquidity in uncertain markets.Get the latest integration updates and a peek at what’s ahead in tech developments and risk research.

“At the start of the year, few would have predicted that asset liability management would take center stage the way it has – but SAS did, and the truth is that we’ve been preparing for this moment for a long time,” said Troy Haines, Senior Vice President of Risk Research and Quantitative Solutions at SAS. “SAS’ acquisition of Kamakura was orchestrated as part of a long-term strategy to bolster our deep expertise and industry-leading IP to help our customers navigate the most treacherous risk climate the world has seen in more than a decade.

“Even before the recent bank failures, SAS’ strategic investment was delivering on its vision. The retooling of SAS®Asset and Liability Management on SAS® Viya® is already helping financial firms better predict and mitigate the interest rate, liquidity and balance sheet risks that sparked the industry’s current upheaval.”

ALM insights by region and more, available on demand
In complement to the ALM research report and LinkedIn Live event, the GARP ALM webcast Fresh Insights for Financial Services: Analytics Modernization and Next-Gen ALM delves deeper into the study’s findings. Join risk experts from SAS, Celent, GARP and American AgCredit on demand to probe:

Essential analytic capabilities and must-have functionalities.Regional priorities for supporting ALM advances.Preparations for the IBOR transition.

About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2023 SAS Institute Inc. All rights reserved.

Editorial Contacts:
Danielle Bates
danielle.bates@sas.com
+1 919-531-1959
sas.com/news

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SOURCE SAS

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Qualtrics Named a Leader in 2025 Gartner® Magic Quadrant™ for Voice of the Customer Platforms for the Fourth Consecutive Time

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Qualtrics positioned highest for Ability to Execute and furthest for Completeness of Vision in the Gartner Magic Quadrant for Voice of the Customer Platforms

PROVO, Utah and SEATTLE, April 22, 2025 /PRNewswire/ — Qualtrics, the leader and creator of the experience management (XM) category, has been named a Leader in the 2025 Gartner® Magic Quadrant™ for Voice of the Customer Platforms* for the fourth consecutive time. Qualtrics is positioned highest for its Ability to Execute and furthest for its Completeness of Vision.

“Qualtrics is a Leader for the fourth time in the 2025 Gartner® Magic Quadrant™ for Voice of the Customer, which we believe underscores our commitment to continued innovation in our products and our rapidly growing customer base,” said Brad Anderson, Qualtrics President of Product and Engineering. “Our XM for Customer Experience suite is used by thousands of organizations across the world to effortlessly understand and improve their customer experience across every channel and journey  – including digital, location and customer care – and is providing the intelligence and omnichannel insights companies need to win now and in the coming era of agentic AI.”

“Gartner® defines Voice of the Customer (VoC) platform as one that integrates feedback collection, analysis, and action into a single, interconnected platform that helps understand and improve the customer experience (CX).” VoC software “enables leaders responsible for functions such as customer service, marketing, or sales to better manage the customer experience through a deep understanding of customer needs, motivations, goals and behaviors. The resulting insights trigger recommendations and actions across the enterprise.”

Qualtrics provides a single, easy-to-use platform for managing the entire omnichannel customer experience

New capabilities in the XM for Customer Experience™ suite – including Location Experience Hub and Qualtrics® Assist for CX – allow businesses to bring together structured and unstructured feedback across every channel to create a complete view of their customer experience and take quick, targeted action by equipping frontline teams with real-time insights, support, and recommendations to improve experiences in the moment.

Qualtrics also recently announced Experience Agents™: highly specialized AI agents that autonomously deliver exceptional customer and employee experiences at scale across every channel and interaction. Experience Agents are designed to interact directly with customers and employees and are rooted in the unique ability of Qualtrics® to understand the human experience.

Gartner, Magic Quadrant for Voice of the Customer Platforms, Deborah Alvord, Maria Marino, Chad Storlie, Patrick Quinlan, Michael Maziarka, 16 April 2025

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Qualtrics

Qualtrics is trusted by thousands of the world’s best organizations to power exceptional customer and employee experiences that build deep human connections, increase customer loyalty, boost employee engagement, and drive business success. Our advanced AI and specialized Experience Agents allow businesses and governments to proactively interact with customers and employees in personalized ways across every channel and touchpoint, respond in-the-moment to fix or improve experiences, and stay across the latest market trends and opportunities.

Contact:
Tyler Petersen, press@qualtrics.com

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SOURCE Qualtrics, LLC

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Ticketbud Launches New ‘Reporter Collaborator’ Role, Enhancing Data Access Security for Event Teams

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AUSTIN, Texas, April 22, 2025 /PRNewswire/ — As event operations grow in complexity, the need for fine tuning data and access controls within event management platforms has never been greater. Today, Ticketbud, a leading event ticketing and registration platform, launched a user access tool that gives event teams the power to access all the data and information they need, while limiting event page set-up and ticketing controls to event leaders and team members that need it.

The Reporter Collaborator role is a user access role, or site login credential, designed to provide read-only access to financial and transactional data of specific events hosted on Ticketbud. This allows finance, marketing, and other analytical teams to monitor event metrics, track sales performance, and analyze data effectively without the risk of inadvertently altering critical event details, ticket types, or operational settings.

“Event teams need clarity and control,” said Kayhan Ahmadi, CEO of Ticketbud. “A ticketing director shouldn’t have to worry about an intern accidentally wiping an event the night before a sale just because they needed to check conversion metrics. The Reporter Collaborator role is engineered to stop that kind of chaos before it starts. It gives people access to the data they need — and nothing else.”

The latest technical development creates an essential layer of security and control over complex event teams, while ensuring everyone has access to the exact tools and information they need. Finance staff can reconcile tax records. Marketing teams can analyze campaign ROI. And no one—not even by accident—can edit a ticket type or change payout configurations unless they’re given specific access to do so.

Furthermore, access is granted on a per-event basis, ensuring focused visibility and enhanced control over recurring events or complex event calendars.

The Reporter Collaborator Role:

Provides secure, read-only access to event-specific sales reports and attendee data.Prevents accidental edits or unauthorized changes to live event settings and ticket configurations.Facilitates secure collaboration across departments like marketing and finance by providing necessary data visibility without granting edit permissions.

The role’s development complements Ticketbud’s robust user access management system (UAM), which also includes collaborator roles for admins, scanning staff, and vendors. Combined with the platform’s Organizations Feature, which enables hierarchical control across brands or departments, Ticketbud continues to prioritize structure, security, and simplicity in event ticketing and management.

In short, the Reporter Collaborator extends Ticketbud’s UAM framework into the realm of enterprise-grade operational design. It enables precise delegation, reduces the risk surface, and supports cross-functional collaboration.

About Ticketbud:
Ticketbud is the event organizers ticketing platform, user-friendly for first time organizers, powerful and flexible for large festivals and events. Access all features and ongoing customer support, with complete reporting and data ownership. With early payouts and the flexibility to customize, event organizers worldwide trust Ticketbud. Get a ticketing buddy you can rely on.

Ticketbud and Ticketbud LLC are registered trademarks of Ideabud LLC, in the United States and other countries. All other trademarks and copyrights are the property of their respective owners.

Website: www.ticketbud.com

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SOURCE Ticketbud

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Atento advances in its business strategy to lead the BTO sector, driven by Software as a Service (SaaS) solutions

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The company is evolving towards a SaaS business model that provides companies with advanced technological tools that optimize customer experience (CX) and employee experience (EX), driving operational efficiency and hyperpersonalization.Consulting is fundamental to enhancing key business experiences. Therefore, in the last six months we have tripled our consulting teams globally.

MADRID, April 22, 2025 /PRNewswire/ — Atento continues to advance in its business strategy to lead the Business Transformation Outsourcing (BTO) sector. This strategic transformation is based on the integration of advanced technology with Customer Experience (CX) and Employer Experience (EX) solutions in the SaaS model, as well as specialized CX consulting to optimize interaction between brands and consumers, driving hyperpersonalization, intelligent automation, and operational efficiency.

 

 

In recent years, the company has developed AI-based capabilities, such as conversational interfaces, real-time information processing to improve interactions, or the use of insights to enhance informed decision-making. Atento is betting on a Software as a Service (SaaS) model to offer companies flexible, scalable, and efficient solutions that contribute to improving CX.

“Atento’s evolution in recent years responds to the growing market demand for more technological, scalable, and efficient solutions. We are evolving the traditional concept of CX to become a BTO-oriented company, where Artificial Intelligence and automation are at the heart of our value proposition,” explains Eduardo Aguirre, CIO of Atento.

CX Consulting: a strategic pillar to elevate the value proposition

In addition to its strategic focus on technology, customer experience (CX) consulting is a key pillar in Atento’s value proposition. The Company combines its experience in business process outsourcing with a consultative approach, helping companies transform their service models through strategies based on customer journey mapping, intelligent automation, and predictive analytics. This approach marked by technological innovation allows for designing hyperpersonalized experiences, optimizing processes, and improving decision-making based on strategic insights. The goal is to provide customized solutions that improve operational efficiency and business results for their clients.

The consulting line integrates a deep market analysis and an evaluation of the CX ecosystem in collaboration with strategic partners, allowing it to create customized solutions that not only design a specific transformation roadmap for each client but also drive sustainable strategies capable of guaranteeing their long-term growth and performance and business return.

The future of BTO with the human touch at the center

In the face of increasing automation, Atento is betting on a future with human service enhanced by technology, with new capabilities oriented towards it with which they can offer added value. Through artificial intelligence, data analysis, and intelligent automation, Atento seeks to optimize processes, improve operational efficiency, and elevate the quality of the customer experience, always maintaining the human touch as a key differentiator.

With this commitment to transformation, Atento reinforces its position towards leadership in the BTO sector, opening the door to a SaaS model where innovation, AI, and hyperpersonalization mark the path towards the future of customer service.

Logo: https://mma.prnewswire.com/media/2400541/4677794/Atento_logo.jpg

 

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