Funding Costs Tracking
Funding Costs Tracking
Department | finance + strategy
Publisher | Datanova Scientific
Latest Release | June 18, 2018
Version | 1.3
Contact | www.datanovasci.com
In a changing rate environment, funding costs can adjust quickly, sometimes without banks being ready for the change. This can have a significant impact of margins. However, evaluating the current and future cost of funds can be difficult because it involves both internal and external factors.
This application tracks the current cost of funding for a bank and incorporates additional internal and external data points to enable greater awareness about the potential volatility around each funding sources. Additionally, the application provides tools for the bank to project the potential cost of funds given pre-defined or custom-designed market scenarios.