FERNBACH - FERNBACH optimises clamminess advertisement for NORD/LB Luxembourg

Luxembourg, 02 July 2009 – FERNBACH-Software, a all-around provider of award-winning banking software solutions, and Norddeutsche Landesbank Luxembourg accept assured a arrangement for the band-aid "FlexFinance® Analytix Liquidity Reporting”.

Due to a diffuse and acknowledged co-operation with FERNBACH, NORD/LB Luxembourg absitively to add the high-performance software FlexFinance® Analytix Liquidity Reporting, developed distinctively for clamminess accident administration in banks, to its absolute solutions.

NORD/LB Luxembourg, which is a sub-group of three absolute banking institutions, will use FlexFinance® Analytix Liquidity Reporting to administer clamminess risks in the three companies and the sub-group. Liquidity trends and clamminess options will be analysed for all companies on a circadian base beneath several scenarios including accent scenarios and again compared to the set limits. The after-effects will be generated automatically in the anatomy of letters and broadcast aural the companies and accumulation letters will be aggregate automatically on a circadian base by FlexFinance® Analytix Liquidity Reporting.

The SOA architectonics of this software band-aid allows simple and cost-efficient affiliation into the absolute accident ambiance at NORD/LB Luxembourg. Existing systems and structures can be congenital into the new clamminess administration basic after adversity because of its accessible architecture.

Fabrizio Romano, Region Manager at FERNBACH commented as follows, “With our new Analytix solution, we can accommodate a able and adjustable framework for accident modelling which banks such as NORD/LB Luxembourg can use to calmly actualize and anon analyse accident models for their business activities. This is active in accouterment acceptable “internal capital” to awning all capital risks. By opting for the new software, NORD/LB is able-bodied able for the approaching and can acknowledge bound to changes in centralized management, to new accumulated requirements as able-bodied as new authoritative approaches.”

Alexander Gröling, Head of Risk Management at NORD/LB Luxembourg, fabricated the afterward comment, "We accept been alive with FERNBACH for a few years now. We absitively to buy the new accident administration solution, to optimise clamminess advertisement processes, minimise operational accident and abide competitive, decidedly during this banking crisis. Our eyes is to accommodate letters according to the argumentation declared aloft aswell for added accident components.”

About FERNBACH:

FERNBACH is a all-around baton of analytic solutions for the accounts industry. Modular software bundles for Multi-GAAP accounting, risk, acquiescence and accommodation accredit our barter to optimise business processes.

FERNBACH offers a adult component-based band-aid portfolio which ensures faster time to bazaar and accelerated accomplishing of cyberbanking requirements appropriately mitigating accident and ensuring quality.

Our barter common account from our accumulated ability to affected challenges and to accommodate solutions for approaching success. FERNBACH innovates to maximise the achievement of our clients.

For added advice amuse contact:

Emma Connolly | Director of Group Marketing
FERNBACH-Software S.A.
Tel.: + 352 402244-405
Fax: + 352 402244-310
emma.connolly@fernbach.com
www.fernbach.com