MUSKEGO, WI (August 16, 2022) — Kevin Chiappetta, CFA, President of QuantyPhi, recently presented two different sessions at the 2022 CUNA Investment Certification School: Fundamentals in Chicago, IL.
According to CUNA, during the 3-day event, attendees gain an understanding of investment portfolio management discipline as a process, not simply a function of purchasing and selling investments. They also develop a fundamental knowledge of investment return and risk measures, including application and advantages/disadvantages of each, and the mechanics of the trade.
Chiappetta’s first presentation, “Understanding Key Principles & Financial Characteristics,” focused on key financial characteristics, the proper application, and common misapplications. He talked about yield, spread, weighted average life, time value of money, durations, option adjusted spread, and term structure of interest rates.
His second session titled, “Developing Risk/Return Requirements for the Investment Portfolio,” taught attendees how to show credit union boards and ALCO committees the role the investment portfolio plays as part of the balance sheet.
“These sessions are a pleasure to review,” Chiappetta said. “Helping credit unions understand the investment portfolio can be used in conjunction with the entire balance sheet, rather than looking at the portfolio as a stand-alone entity, can be eye opening. Combining that with unraveling the risk measurement process and how the risk measures work, and how they don’t work, always brings out some interesting conversations.”
The school is beneficial for CFOs, financial professionals, chief investment officers, investment analysts and accountants, controllers, comptrollers, auditors, risk managers, directors, ALCO members, volunteers, and CEOs.
Kevin Chiappetta, CFA, President of QuantyPhi.
QuantyPhi, LLC is a wholly owned credit union service organization. The CUSO specializes in credit union balance sheet optimization. QuantyPhi’s mission is to build better credit unions by building balance sheets with muscle, flexibility, and resilience. Please visit QuantyPhi.com to learn more and follow us on LinkedIn.
Adam Stone
Executive Vice President
QuantyPhi, LLC
(414) 433-0176
