New accounting standards put pressure on treasurers to explain hedging strategy clearly to others, inside and outside the business. An Asset & Liability Management (ALM) approach can give treasurers the understanding of the risks a company runs, and an idea on how to hedge those risks. ALM also ensures all of a corporateās priorities are taken into account, even where they conflict. ALM technologies give a holistic focus allowing treasurers to take decisions based on strategic priorities.