ASSET AND LIABILITY MANAGEMENT: A MULTIPLE CASE STUDY IN BRAZILIAN FINANCIAL INSTITUTIONS

Authors

  • Priscila da Silva Trasmontano Fluminense Federal University – UFF http://orcid.org/0000-0003-1782-6098
  • Julio Vieira Neto Fluminense Federal University – UFF

DOI:

https://doi.org/10.14488/BJOPM.2016.v13.n2.a6

Keywords:

Asset and Liability Management, Brazilian Financial Institutions, Risk, Bank, Pension Fund

Abstract

In the face of an unstable scenario, many banks began to implement the Asset and Liability Management – ALM, in order to mitigate possible risks, and maximize profitability. In view of this, this study proposes the following problem situation: which managerial resources promote the implementation of ALM and avoid future problems within Brazilian financial institutions? Our objective is to investigate how Brazilian financial institutions are structuring the ALM. The methodological resource adopted was a Multiple Case Study with qualitative exploratory research based on a perception survey from Brazilian market specialists that deal with ALM in banks and pension funds. Among the data collected for implementation, the most prominent were: the identification of assets in which the institution can potentially invest, point estimates of the return on these assets, pertinent legal constraints, parameters used in the development of liquidity constraints and policy constraints adopted by the institution. 

Downloads

Download data is not yet available.

Author Biographies

Priscila da Silva Trasmontano, Fluminense Federal University – UFF

Priscila da Silva Trasmontano holds a Master's degree in Management Systems from the School of Production Engineering of the Fluminense Federal University – UFF, an MBA on Controllership and Finances from UFF, and a Bachelor degree in Accountancy from the Plínio Leite University Center – UNIPLI. She is currently an Analyst in the Controllership Area of FINEP – Financing Agency for Studies and Projects, working in the area of Asset and Liability Management – ALM. She has experience in the area of Business Administration, with an emphasis on Accounting Sciences in national and multinational companies, in both the private and public sectors.

Julio Vieira Neto, Fluminense Federal University – UFF

Julio Vieira Neto, PhD in Civil Engineering from the Fluminense Federal University – UFF, MSc in Management Systems from UFF, MBA in Organization and Strategy, MBA in Business Administration and BS in Business Administration. He is currently Associate Professor of the Accountancy Sciences Department from UFF, in charge of the Demographic Dynamics and Quantitative Methods courses of the undergraduate course in Actuarial Sciences; he is a Lecturer in the Corporative Finances, Strategic Planning and Bibliometrics courses in Stricto Sensu and Lato Sensu programs; researcher in the areas of Product Lifecycle Management (PLM) and Product Lifecycle Costing (LCC) linked to the areas of Sustainability and the Economic Viability studies of eco-efficient materials. He is a Business Consultant in the areas of Strategic Planning, Techno-Economic Viability Studies (TEV) and Process Mapping. He has worked as Managing Director in the development of new businesses in large and medium-sized companies in the telecommunications and packaging industries.

Downloads

Published

2016-06-22

How to Cite

Trasmontano, P. da S., & Neto, J. V. (2016). ASSET AND LIABILITY MANAGEMENT: A MULTIPLE CASE STUDY IN BRAZILIAN FINANCIAL INSTITUTIONS. Brazilian Journal of Operations & Production Management, 13(2), 194–206. https://doi.org/10.14488/BJOPM.2016.v13.n2.a6

Issue

Vol. 13 No. 2 (2016): June, 2016

Section

Articles

License

Authors who publish with this journal agree to the following terms:

- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

- Authors must have a written permission from any third-party materials used in the article, such as figures and graphics. The permission must explicitly allow authors to use the materials. The permission should be submitted with the article, as a supplementary file.

- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) after BJO&PM publishes it (See The Effect of Open Access).