WARRENVILLE, Ill. – In response to the growing sophistication of credit unions' balance sheets and stronger regulatory guidelines for assessing risk, Mid-States Corporate Federal Credit Union has launched it's A/L Manager. The Web-based measurement tool aims to provide credit union executives with the analytics to better understand their credit union's risk position and trends, according to the corporate. Mid-States' A/L Manager works by extracting relevant data via credit unions' core processor. Credit union executives download the data file and view their asset/liability reports as soon as they are completed, usually within two to three days. Backing up the program is a database that is built on account-level data, ensuring accuracy in their reports. Executives can make "timely ALCO decisions, improve their credit union's performance" and use A/L Manager to "model cash flows, net economic value, net interest income or duration," said Tom Moore, Mid-States' senior vice president, Investment Services and president of its CUSO, Mid-States Investment Solutions, LLC. "CFOs, controllers or staff responsible for A/L modeling can build assumptions based on their credit unions' unique balance sheet," Moore said. Mid-States designed A/L Manager to be an appropriate tool for credit unions with all levels of balance-sheet complexity, Moore said adding, "because it requires no in-house software or staff dedicated to creating or compiling data, the program is cost-effective for credit unions of any size." Mid-States serves more than 800 credit unions and has $4 billion in assets.