Volume 3 · Companion tool
The Duration Trap
How banks bet on interest rates and lose
TOOL IRRBB ALM Optimiser
· Illustrative — not a validated regulatory model.
Companion tool
IRRBB ALM Optimiser
Runs in your tools workspace with your own numbers — every figure computed by the server engine.
IRRBB destroyed more value than any other risk category between 2021 and 2023 — quietly, through ordinary duration mismatch. Case study: Duration mismatch, 2022–23.
Read Volume 3 →