Asset liability management – ALM as it’s known – can be fun, good for a credit union’s balance sheet and, dare we say it, sexy.
On the show is Daniel Ahn, CEO of Delfi, a company that – and I quote from the website – “combines deep public and private sector experience with cutting-edge AI expertise—bringing best-in-class technology to banks, credit unions, and other financial institutions.”
The website adds: “Transform your bank or credit union financial decision making and race to the top with our revolutionary platform.
Delfi delivers instant analytics, access to a deep inventory of solutions, and is powered by AI so you can pick the right solution for you.”
This an exciting new, powerful look at ALM in credit unions.
Also on the show is Scott Daukas, a principal at One Washington Financial, a CUSO wholly owned by Washington State Employees Credit Union and an investor in a new Delfi CUSO. But One Washington Financial is more than that with Delfi as you will hear in the show. Indeed it approached Delfi with the suggestion that it form a CUSO – and long conversations followed, not the least of which was explaining what a CUSO is!
One Washington Financial also invested in two other companies that have featured in recent CU 2.0 podcasts – Remynt and Starlight. Why is One Washington Financial making these investments? Daukas explains.
