For the CFO / Treasurer
ALCO decided. What did ALCO assume?
The decision is in the minutes. The rate path, the deposit beta, the prepayment assumption, and the liquidity view that produced it are in a deck that's been replaced four times since.
What happens today
ALCO extends duration in the investment portfolio. Sound decision, given the forward curve the committee was looking at that morning.
Two quarters later the curve has moved and the position is underwater. The board asks what you assumed. You can describe it from memory, but you can't produce it — the deck refreshed, the model reran, and the minutes record the vote, not the basis.
You end up defending a good decision as if it were a bad one, because the inputs are gone.
What changes
- Assumptions are captured with the decision, not beside it. The curve, the beta, the scenario, the model version — attached and frozen at the moment of the vote.
- The record survives the refresh. Dashboards update. Decision records don't.
- Outcomes link back to assumptions. When results diverge, you can see which assumption broke — which is what makes the next call better.
- Board reporting builds itself. The packet assembles from records that already exist.
What you’d actually see
Not your question? See the CEO view