2009年12月16日星期三

FERNBACH - Successful Implementation of the Liquidity Solution at DVB Bank AG

Frankfurt & Luxembourg, 02 April 2008 – FERNBACH, a arch provider of solutions for Enterprise-wide Value and Risk Management (EVRM) has appear that DVB Bank AG, a specialist for carriage finance, has autonomous for the FlexFinance® Liquidity solution. This will accredit DVB to apparatus accident administration and advantage administration processes which accommodated the minimum requirements for accident administration (MaRisk) and appropriately the requirements laid out in the additional colonnade of the Basel Accord on Capital Measurement and Standards (Basel II).

FERNBACH’s FlexFinance® Liquidity will be installed in the bank’s address in Frankfurt. The bore will abutment DVB in measuring, ecology and authoritative clamminess risks. The band-aid provides a connected appearance of a bank’s absolute clamminess situation, as assured by the Basel II acceding while acknowledging with bazaar standards for quantifying and attached clamminess risks. Furthermore, it optimises the possibilities for ensuring clamminess which will aftereffect in a favourable and abiding allotment base for the bank.

DVB chose the FlexFinance® Liquidity band-aid mainly because of the application’s ample anatomic ambit but the fact, that the software auspiciously accomplished the acrimonious centralized and alien regulations, aswell assertive the user.

Heinz J. Schneider, Head of Market Risk Control at DVB commented as follows, ‘In 2006, we accomplished a activity for the added development of the systems and processes complex in barometer clamminess risk. The activity was completed at the end of 2007 and clamminess accident altitude was congenital into the accepted alive business ascendancy action on-schedule on 2 January 2008. FlexFinance® Liquidity from FERNBACH-Software embodies a artefact which fulfils the requirements absolutely for a advanced apparatus to admeasurement clamminess accident in that it covers the minimum requirements for accident administration (MaRisk) as able-bodied as the centralized standards for authoritative and analysing clamminess accident and for advertisement practice. The analyses accommodate for assorted accent scenarios and a worst-case book in accession to several basal scenarios. These cover all the banknote flows from absolute deals as able-bodied as the simulative banknote flows from accessible acclaim commitments and the new business planned by the bank.’

DVB has aswell congenital the FERNBACH FlexFinance® Scenario Tool into its portfolio. Legal accoutrement bulldoze the case to aggrandize its accident scenarios by added scenarios which accurately map the risks for the bank.

FlexFinance® Liquidity was implemented in band with the actual bound deadlines. The after-effects bent and presented by FlexFinance® aggregate a key aspect of accident reporting, accumulated advertisement as able-bodied as DVB’s strategies for authoritative accident management.

Robert Fiedler, Head of Strategic Product Management at FERNBACH-Software S.A., fabricated the afterward comments, ‘We are acutely annoyed with the quick and aboveboard accomplishing of the FlexFinance® band-aid at DVB. On anniversary of the accelerated accomplishing process, DVB was able to advance clamminess administration bound and appropriately laid the base for a complete business procedure. We are captivated that both parties are actual annoyed and we attending advanced to alive calm with one of the world’s arch specialist banks.’

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.

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