starch

Financial institutions group

Banks and insurers don't model like anything else.

Your models are the product. Starch builds the workflows that update them from the latest GAAP, statutory and regulatory capital filings, so the week goes to clients instead of reconciliation.

Team previously atGoldman Sachs
GAAP filingsNAIC statementsCall reportsActuarial dataONE COMPANYWHAT ITS CAPITAL ISGAAP equityStatutory surplusRegulatory capitalDeployable capitalNOT INTERCHANGEABLEThe modelEVERY MARK SOURCED

What runs in the group

What the group produces

And the sources and analysis behind each one.

WORK PRODUCTSSOURCES AND ANALYSISStatutory reconciliationsNAIC filings · GAAP reporting · surplus and capital workCapital positionsregulatory capital · call reports · deployable capital analysisTangible book bridgespurchase accounting · rate marks · core deposit intangibleEarnback schedulesdeal terms · committee assumptions · pro forma modellingBoard materialsapproved precedent · house format · supporting schedules

Today’s solutions fall short

Banks, insurers, asset managers, payments and specialty finance are balance sheet businesses, each with its own accounting, regulator and operating metrics. GAAP equity, statutory surplus and regulatory capital are not interchangeable, and reporting changes break the mappings a model depends on.

What you use todayWhat it does wellWhere it falls short
Horizontal AI platforms for financeFirm-wide search and Q&A across your documentsOne product sold to hundreds of firms. It can quote the 10-K; it does not carry statutory capital through to an earnback, and every group competing with you runs the same thing.
General AI assistantsA fast first pass on research, and a suggested structure for a deckCannot produce a finished model or document in your firm’s formats, and hold no memory of the precedents your group works from.
Generalist banking AIBroad coverage across investment bankingBuilt for banking in general, so banks, insurers, asset managers and specialty finance get treated as one category. Feature-heavy enough that most of it goes unused.
Filing and market data providersStatements, filings and market data in one placeA data layer, not a workflow layer. Someone still reconciles the statements and updates the model by hand.
Junior bankersModel maintenance and materials productionCapacity-bound, and every restatement or reporting change means rebuilding the mappings again.

Nothing on the market produces specialised FIG work in your own formats.

Starch is built for this coverage group, on your own precedent.

No two FIG teams get the same build.

We work with more than one firm and we would rather say so. What we will not do is hand another team your build. The software is built against your marks, your model conventions and your standard for finished work, and those are not things a competitor can license.

It also does not stand still. Every mandate leaves precedent behind and the next model starts from it. A platform hundreds of firms share is as good on day one as it will ever be for you. Yours keeps pulling away.

The curve has a start date. A team that begins now is building something the team that waits will spend years catching up to.

See it on your own precedent

Thirty minutes, on the work your group actually produces.