FERNBACH - FERNBACH reinforces its aggregation with Ulrich Brunett as the new Country Manager for Germany

Frankfurt & Luxembourg, 20 May 2008 – FERNBACH-Software, a arch provider of software solutions for Enterprise-wide Value and Risk Management (EVRM), appointed Ulrich Brunett (49) as the new Country Manager for Germany on April 2008.

Ulrich Brunett, who has a amount in business administration, was aforetime affianced in consulting, sales, business and administration in acclaimed civic and all-embracing IT and software companies. His endure position was in administration at SunGard area he was amenable for bazaar agronomics and sales strategies in German-speaking countries.

The new Country Manager will be in allegation of business in Germany for FERNBACH-Software AG, including the organisation and amplification of the absolute chump base. The key aspect of the FERNBACH artefact ambit is the FlexFinance® Product Suite which encompasses the case administration modules IFRS, Basel II, Profitability, Liquidity, Margin Optimiser, Regulatory Reporting as able-bodied as the lending solution, Loan, for the foreground and aback office.

'The position of Country Manager Germany at FERNBACH-Software AG is a decidedly big claiming for me back the aggregation is on an absorbing alley to success and abounding acclaimed names rank a allotment of its customers. My objective, therefore, is to abide the absolute business development in Germany and to added advance the above of our products,’ commented Brunett.

FERNBACH barter in Germany aswell cover ample banks such as Commerzbank, which uses the products, FlexFinance® IFRS and ALM, as able-bodied as Deutsche Bank area the FERNBACH acclaim solution, FlexFinance® Loan, is in operation.

‘Ulrich Brunett has been active in assorted positions in the banking area for added than 15 years. That’s why he’s the ideal applicant for us – he knows our customers’ needs and bazaar requirements exactly. We are absolutely assertive that our barter will account from his ample ambit of experience,' declared Günther Fernbach, CEO at FERNBACH, with confidence.

For added data amuse contact:

FERNBACH-Software S.A.
Emma Connolly (Director of Group Marketing)
1a, Parc d'activité Syrdall
L-5365 Munsbach

Tel.: + 352 / 40 22 44 - 1
Fax: + 352 / 40 22 44 - 310

About FERNBACH:

FERNBACH has developed the band-aid alms FlexFinance®, which is based aloft a adult alignment alleged EVRM. EVRM is a eyes and a band-aid for the affiliation of accident management, accident and authoritative requirements, antithesis area advertisement and authoritative aural banking institutions.

The EVRM alignment is complete aloft a meta akin abstracts athenaeum which collects all abstracts from the cyberbanking and trading books and food this centrally while accompanying standardising and adorning the data. This centralised meta athenaeum of banking affairs guarantees individual adding of all banking ratios ensuring absolute alignment and adaptation so that the abstracts can be acclimated for purposes such as Basel II, IAS/IFRS (Multi-GAAP), Liquidity, Profitability, Regulatory Reporting, etc. The absolute action is cellophane and absolutely auditable as abnormally the abstracts can be traced aback to the accord level. This beat access aswell enables the case to cost-effectively apparatus new requirements as they action such as ICAAP.