Axiom EPM’s Ken Levey Selected to Present with First Midwest Bank at AMIfs 2014 Annual Profitability, Performance & Risk Conference
Portland, OR (PRWEB) March 11, 2014 -- Axiom EPM, a leading provider of financial planning and performance management software for financial institutions, announced Ken Levey, industry vice president of Financial Institutions, will present a First Midwest Bank case study on profitability analysis at the Association for Management Information in Financial Services (AMIfs) 2014 Annual Profitability, Performance & Risk Conference. The session, “Decomposing the Margin – A Case Study on Taking Profitability Analysis to the Next Level,” will be held on Wednesday, March 19, at 3:45 p.m. PST.
Levey will be joined by First Midwest Bank’s Chris Glorioso, vice president of Asset Liability, and David Cross, corporate financial analyst. The session will explain how First Midwest Bank, an $8 billion institution in Itasca, Ill., leveraged Axiom EPM’s software to analyze its customer, branch and product profitability to help understand the changes in their key metrics.
AMIfs is dedicated to developing and advancing the profession of management information in the financial services industry. AMIfs’ Annual Profitability, Performance & Risk Conference is a three-day program that covers all major topics related to performance and risk management and profitability analysis, providing management accounting, financial and economic education for performance information professionals. This year’s conference will take place March 19 – 21 in Las Vegas.
“We are thrilled that Ken is returning to the conference to share his expertise on profitability analysis and to present First Midwest Bank’s proven success in enhancing its reporting framework,” said Krissa Hatfield, assistant executive director of AMIfs. “Ken’s 30-plus years of experience in the financial industry, along with his deep knowledge and understanding of profitability measurement, makes him the ideal candidate to lead this session.”
“It is an honor to be selected to present at the AMIfs annual conference for the third consecutive year,” said Levey. “AMIfs’ conferences are always extremely beneficial for performance information professionals, and I am looking forward to highlighting First Midwest Bank’s success in strengthening their of understanding the components that compose interest margin, how those components affect the overall profitably of an institution and how to measure it accurately.”
As industry vice president of Financial Institutions, Levey spearheads Axiom EPM’s product and business development strategies for banks, credit unions and other financial institutions. In addition to his previous speaking engagements at the AMIfs annual conference, Levey led a session on funds transfer pricing (FTP) at the 2013 AMIfs Institute – a one-week program that covers all major topics related to performance management and profitability analysis. Levey has more than 30 years of experience in the financial services industry, previously serving as senior director of Banking Analytics for SAP Business Objects and vice president of IPS-Sendero (Fiserv).
About First Midwest Bank
First Midwest is the premier relationship-based financial institution in the dynamic Chicagoland banking market. As one of Illinois' largest independent bank holding companies, First Midwest provides a full range of business and retail banking and wealth management services through approximately 90 banking offices located in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa.
About Axiom EPM
Axiom EPM provides sophisticated, flexible performance management solutions for banks and credit unions that empower finance professionals to analyze results, model the future and optimize organizational decision making. Solutions for budgeting & forecasting, strategy management, incentive compensation management, profitability management & FTP, reporting & analytics, and loan credit quality analysis are delivered on a single unified platform. Axiom EPM embraces and extends Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.
Abe Cohen, Axiom EPM, +1 5039770234 Ext: 202, [email protected]
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