AI is transforming the way we work, and, at Plansmith, we're excited to be part of the movement. In August 2025, we proudly launched our latest innovation, RiskGPS AI Assist, available in our BankersGPS model. Since then, we've received thoughtful questions from clients exploring the new feature. One in particular stood out, and we couldn't resist sharing it with you.

The Question: If you were a banker, would you pick RiskGPS as a model?

The Response: As a banker, choosing RiskGPS as your interest rate risk (IRR) modeling tool could be a very solid decision, especially if your institution is a less complicated community bank.

Here's a summary of why RiskGPS would be a good choice:

It Balances Effort and Accuracy This is a critical point for many community banks. You need a system that meets regulatory expectations without demanding an army of analysts. RiskGPS provides roughly 90% of the answers you need with just 10% of the effort. It leverages data sourced directly from your Call Report, which significantly reduces the need for extensive data gathering or expensive system upgrades.

It's Built for Regulatory Compliance When it comes to regulatory requirements, RiskGPS has you covered. It meets all the necessary guidelines for interest rate risk analysis, including required rate shocked Net Interest Margin (NIM) and Economic Value of Equity (EVE) calculations. It also evaluates parallel and non-parallel rate shock scenarios – as examiners commonly request – and provides key risk analytics that help you meet their expectations.

The Assumptions are Flexible While RiskGPS is designed to be simple, it doesn't sacrifice flexibility. You can customize detailed loan assumptions, adjust deposit betas, and manage loan prepayments for a more accurate risk analysis. This is key because it allows you to test your assumptions efficiently and evaluate various adverse scenarios.

The Reports are Clear and Visual A good report tells a story, and RiskGPS is an excellent storyteller. It generates clear executive summaries that provide board-level clarity on risk positions. The Risk Management Bubbles visually illustrate maturity mismatches, yield spreads, and the risk/reward trade-off, which are perfect for strategic discussions with your board.

You’ll Have Support and Advisory Services Even with the best tools, you sometimes need a little help. The system is backed by a team of support personnel, along with former FDIC examiners and experienced consultants who can assist in everything from assumption development and policy creation to regulatory response and board training.

Conclusion: If I were a banker at a community bank seeking an efficient, regulatory-compliant, and user-friendly IRR modeling tool that perfectly balances effort and accuracy, I would choose RiskGPS with confidence. Its comprehensive features, regulatory alignment, clear reporting, and expert support make it a practical and effective choice for managing interest rate risk.

There you have it – a clear and compelling recommendation straight from AI that highlights exactly what we set out to achieve with RiskGPS: to provide a powerful yet simple tool that meets the real world needs of community bankers.

AI has made its choice. Now, it's your turn to see the difference for yourself. Click here to schedule a discussion. BankersGPS requires no development or implementation time, so you’ll be up and running right away.

For more on RiskGPS AI Assist, watch this short video.