Mirai Platform Q424: Unveiling an Updated Interface and Capabilities that Boost Efficiency and Accuracy

New Mirai Platform update — the Q424 is now available worldwide!

At Mirai, we are constantly innovating to make the Mirai Platform even more powerful, reliable and user friendly. With this new release, we are thrilled to introduce a major evolution: a strategic rebranding with a completely revamped interface that makes Balance Sheet Management more seamless and intuitive than ever. This version delivers a more modern visual experience, with updated menus, buttons, colors, and other visual elements while retaining familiar functionalities.

But that’s not all for this release. The new interface sets the stage for new capabilities across our flagship cloud-native Balance Sheet Management solutions: ALM & Liquidity, Funds Transfer Pricing (FTP) & Profitability and Regulatory Reporting, all unified and powered by the Mirai Platform, our proprietary SaaS.

New capabilities included in the Q424 release:

• Process Monitor with enhanced data management - Introducing the new bulk data upload system, seamlessly integrated into the Process Monitor to automate inputs and boost efficiency.
• Advanced options for Guaranteed Minimum Margin calculation - Bringing greater precision and flexibility to Mirai FTP & Profitability Solution, this updated capability now provides computation options based on either the last repricing or the origin, enabling organizations to tailor calculations to their specific requirements.
• Greater accuracy in Non-Maturity Deposits (NMD) computation - This upgrade to the Mirai Regulatory Reporting Solution, brings deeper insights through expanded metrics, including amplified weighted average repricing now segmented into WAR_Core and WAR_Non-Core categories.
• Optimized computational capabilities - Introducing an Enhanced Full Revaluation method, now supporting advanced metrics, such as 1-year Market Value Changes, through forecast curve integration. This responds to evolving calculation requirements with precision and efficiency.
• Enhanced operational efficiency and control models – Addition of new functionalities designed to streamline operational processes and strengthen user control mechanisms, delivering unparalleled performance with improved oversight, allowing teams to focus on core priorities.

Timely Reminder on the last Q324 release about Short Term Exercise (STE) – Technical Standards (ITS) Reporting Templates: Interest STE-ITS 2023. For ECB-supervised banks, this reporting became mandatory last quarter, and the reporting for the upcoming quarter is approaching. Our platform is fully equipped to support your compliance needs effortlessly, ensuring the process is smooth, efficient, and stress-free.

Watch the video for a closer look at the redesigned interface and expanded capabilities.

Ready to explore the Mirai Platform, the leading Balance Sheet Management Saas in the market? Book a demo with our expert team today.