Treasury
Unlock Powerful Insights with Curinos’ Treasury Services
Why work with Curinos?
We support Treasury organizations and other functions to improve key risk management capabilities, with an emphasis on deposit-oriented interest rate risk and liquidity risk measurement and management. Our team has assisted institutions ranging from community banks and credit unions to national institutions, fintechs and investment managers in the U.S., Canada and internationally to better understand deposit behaviors and translate information to actionable information to support forecasting, profitability and balance sheet optimization strategies.
Fill out the form to learn how Curinos can help you strengthen your treasury capabilities and drive better outcomes.
Case Studies: Real Life Examples of Our Approach and Impact
Cash Investment
Optimization Strategy
Client Situation: A leading $1T+ investment manager engaged Curinos to develop liquidity and price elasticity analytics on its client cash portfolios, with a focus on granular segmentation analysis, to inform the deployment/investment of cash in the context of a fixed/floating rate investment strategy, optimizing across market interest rate scenarios and considering prudent liquidity risk limits.
Curinos Approach: Curinos produced custom-tailored analytics, applied insights to an investment optimization model and provided a framework for ongoing portfolio management.
Curinos Impact: Estimated to increase portfolio returns by 50-60bp from the client’s baseline investment strategy.
Funds Transfer Pricing
Client Situation: A leading U.S. Fintech engaged Curinos to implement a first generation funds transfer pricing methodology as part of a broader enterprise-wide profitability measurement and capital allocation initiative.
Curinos Approach: Curinos provided a tailored FTP methodology for the client’s unique deposit and loan products, and produced a set of behavioral analytics for non-maturity deposits (repricing beta, weighted-average life, duration) to support FTP rate assignment, and combined results to produce first generation FTP profitability outputs. Curinos led socialization of results to business segments as part of change management.
Curinos Impact: Curinos FTP methodology was used to contrast with traditional “rule of 40” performance objectives.
Banking Entrance Strategy For Non-Bank Clients
Client Situation: A non-bank consumer financial services provider aiming to expand banking services provided to its customers, engaged Curinos to assist in its charter application for FDIC deposit insurance.
Curinos Approach: Curinos leveraged proprietary industry deposit data to develop an entrance strategy for deposit offerings, and based on this strategy provided a credible, fact-based pro forma financial forecast for deposit growth and cost which was used in the context of the client’s FDIC application. Curinos also provided the deposit components of the marketing plan, financial management plan (including an industry deposit study for “day 1” ALM risk management) and assumption support for financial projections.
Curinos Impact: Curinos efforts led to a successful charter application process which resulted in FDIC insurance for the de novo bank.
IRR Program and ALCO Governance Review
Client Situation: A top-5 Canadian bank by assets requested a comprehensive review of interest rate risk, funds transfer pricing and ALCO governance processes in the context of the rising/high interest rate environment.
Curinos Approach: Curinos provided a detailed gap assessment to peer practices, using proprietary survey-based FTP methodology knowledge, and identified areas of refinement to better align IRR and FTP with risk management best practices and overarching bank strategic objectives.
Curinos Impact: Curinos review led to improved alignment across management and board audiences on the strengths and opportunities of the interest rate risk program.
Deposit Study and Regulator Response
Client Situation: A U.S. community bank engaged Curinos to enhance its interest rate risk and liquidity risk analytics around deposits in light of regulatory scrutiny around rate-based deposit gathering strategies.
Curinos Approach: Curinos developed a custom tailored set of deposit decay and rate/beta deposits models to support dynamic, scenario-based interest rate risk measurement, a granular set of analytically informed LST outflows, and supplemented both areas with industry benchmarking drawing from Curinos account-level Analyzer datasets.
Curinos Impact: The work led to enhanced risk management capabilities for the bank’s ALM team, and a credible response to regulatory inquiry which les to a successful remediation of a regulatory matter requiring attention (MRA).
