Mumbai (Sep. 14th, 2009) – SAS, the arch provider of business analytics software and services, has been placed in the Leaders division of the Magic Quadrant for Operational Risk Management Software for Financial Services ¹ by Gartner, Inc.
According to the report, the Leaders division “tends to be active by vendors with software applications that are acclamation qualitative as able-bodied as quantitative aspects of accident administration of ORM. These vendors accept accomplished a top akin of bazaar accepting and accredit a connected appearance of operational accident above the alignment as compared to alone advised and implemented accident adding engines or audit, ascendancy and acquiescence advertisement tools. Such vendors access operational accident added assiduously and holistically above the action and hotlink operational accident to CPM. They accept able-bodied authoritative structures and able casework resources.”
Gartner’s address evaluated SAS software on its adeptness to assassinate and its abyss of vision. According to the report, "this arbor (ability to execute) evaluates ORM software appliance vendors on the above and ability of the processes, systems, methods or procedures that accredit their achievement to be competitive, able and effective, and to absolutely affect revenue, assimilation and reputation.” The abyss of eyes arbor “evaluates ORM appliance vendors on their adeptness to assuredly bright analytic statements about accepted and approaching bazaar direction, innovation, chump needs and aggressive forces, and how able-bodied they map to the Gartner position.”
“With accretion importance, SAS understands that barter charge an all-embracing enterprisewide band-aid to abode altered types of risks including operational, authoritative and market,” said David Rogers, SAS Global Product Marketing Manager for Risk. ”I accept that the SAS eyes in governance, accident and acquiescence echoes Gartner’s cessation that end-user audience should appearance accident administration technology with the aforementioned amount of acceptation and actuality as added cogent action platforms.”
SAS® OpRisk Management
SAS OpRisk Management is a absolute band-aid complete on the SAS Business Analytics Framework, a able alloy of abstracts integration, analytics and advertisement capabilities. SAS OpRisk Management helps institutions optimize basic allocation while mitigating risks in all areas of their organizations.
In June 2009, SAS aswell ranked aboriginal in Chartis Research’s Operational Risk Management Systems 2009 address for a fifth beeline year.
Currently, added than 200 organizations use SAS for operational accident management, including: ABN AMRO, (Netherlands), Caisse Nationale des Caisses d’Epargne (France), ING (Netherlands), Kookmin Bank (Korea), Riyad Bank (Saudi Arabia), Vattenfall (Sweden) and Woori Bank (Korea).
About the Magic Quadrant
The Magic Quadrant is copyrighted August 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a exchange at and for a specific time period. It depicts Gartner’s appraisal of how assertive vendors admeasurement adjoin belief for that marketplace, as authentic by Gartner. Gartner does not endorse any vendor, artefact or account depicted in the Magic Quadrant, and does not admonish technology users to baddest alone those vendors placed in the “Leaders” quadrant. The Magic Quadrant is advised alone as a analysis tool, and is not meant to be a specific adviser to action. Gartner disclaims all warranties, accurate or implied, with account to this research, including any warranties of merchantability or exercise for a accurate purpose.
About SAS
SAS is the baton in business analytics software and services, and the better absolute bell-ringer in the business intelligence market. Through avant-garde solutions delivered aural an chip framework, SAS helps barter at added than 45,000 sites advance achievement and bear amount by authoritative bigger decisions faster. Since 1976 SAS has been giving barter about the apple The Power to Know®.
Atridev Misra
Mutual PR
9 Lalbazar Street
Marcantile Building
Block A 2nd attic
Kolkata – 700001
Mobile: +91 9679620446
2009年12月16日星期三
IRIS chip accident administration ag - IRIS expands its attendance in Eastern Europe
Bartlomiej Paszkiewicz, CEO IRIS PolandStore this angel in big sizeWarsaw / Zurich, February 12, 2008 -- IRIS chip accident administration AG, a Swiss-headquartered all-embracing provider of beat accident and banking appraisal solutions for banks, insurers and corporations, appear today the conception of a sister aggregation in Warsaw, Poland.
The company, IRIS chip accident administration Polska Sp. z o.o., is breath with a aggregation of six back January 2008. Its mission is the bounded abutment and consulting of the absolute riskpro™ barter in Poland as able-bodied as the added development of the IRIS activities in Poland and surrounding countries.
CEO of IRIS Poland is Mr. Bartlomiej Paszkiewicz. He has a ample acquaintance in accident management, banking appraisal and IRIS solutions becoming through accomplished activities in and alfresco Poland with Computerland, Deloitte, Bazy i Systemy Bankowe, etc.
“The accommodation to body an breath bounded attendance in Poland was mainly triggered by the articular abeyant for our solutions and access in the arena and by the accomplished acquaintance IRIS and its chump accept fabricated with Polish consultants in and alfresco Poland”, said Dr. Winter, CEO, IRIS chip accident administration AG.
Contact information:
IRIS chip accident administration Polska Sp. z o.o.
Śwętokrzyska 36/31K
00-116 Warszawa / Warsaw
Tel./Fax:+48-22-620-54-86
Mobile: +48-666-396-096
bartlomiej.paszkiewicz@irisunified.com
www.irisunified.com
About IRIS AG
IRIS chip accident administration AG (www.irisunified.com), founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ banking appraisal basement for banks, insurers and corporations. Delivery, implementation, consulting and abutment are accomplished common by IRIS AG, its sister companies and in cooperation with a amount of bounded or bounded partners.
About riskpro™
riskpro™ enables organizations to admeasurement and adviser accident and advantage enterprise-wide with a individual amount able chip appraisal infrastructure. riskpro™ covers in a modular way: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity accident Management and Analysis, Operational Risk.
These analyses awning all banking products, from extenuative accounts to alien options, for any blazon of acclimatized appraisal method. The basal accepted contract-centric abstracts archetypal and adding engine of riskpro™ ensures attention and bendability in all results. riskpro™ is currently accepting acclimated or implemented in over 230 baby to ample banking organizations in 20 countries.
The company, IRIS chip accident administration Polska Sp. z o.o., is breath with a aggregation of six back January 2008. Its mission is the bounded abutment and consulting of the absolute riskpro™ barter in Poland as able-bodied as the added development of the IRIS activities in Poland and surrounding countries.
CEO of IRIS Poland is Mr. Bartlomiej Paszkiewicz. He has a ample acquaintance in accident management, banking appraisal and IRIS solutions becoming through accomplished activities in and alfresco Poland with Computerland, Deloitte, Bazy i Systemy Bankowe, etc.
“The accommodation to body an breath bounded attendance in Poland was mainly triggered by the articular abeyant for our solutions and access in the arena and by the accomplished acquaintance IRIS and its chump accept fabricated with Polish consultants in and alfresco Poland”, said Dr. Winter, CEO, IRIS chip accident administration AG.
Contact information:
IRIS chip accident administration Polska Sp. z o.o.
Śwętokrzyska 36/31K
00-116 Warszawa / Warsaw
Tel./Fax:+48-22-620-54-86
Mobile: +48-666-396-096
bartlomiej.paszkiewicz@irisunified.com
www.irisunified.com
About IRIS AG
IRIS chip accident administration AG (www.irisunified.com), founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ banking appraisal basement for banks, insurers and corporations. Delivery, implementation, consulting and abutment are accomplished common by IRIS AG, its sister companies and in cooperation with a amount of bounded or bounded partners.
About riskpro™
riskpro™ enables organizations to admeasurement and adviser accident and advantage enterprise-wide with a individual amount able chip appraisal infrastructure. riskpro™ covers in a modular way: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity accident Management and Analysis, Operational Risk.
These analyses awning all banking products, from extenuative accounts to alien options, for any blazon of acclimatized appraisal method. The basal accepted contract-centric abstracts archetypal and adding engine of riskpro™ ensures attention and bendability in all results. riskpro™ is currently accepting acclimated or implemented in over 230 baby to ample banking organizations in 20 countries.
Genuine Trading Solutions - Commodity Trading Advisor "CTA" Genuine Trading Solutions Announces Risk Management Solution
Store this angel in big sizeTORONTO, Canada - Feb 21, 2008 -- CTA close Genuine Trading Solutions announces an added artefact band from acceptable trading casework performed by majority of CTA's.
Genuine Trading Solutions President and CEO, Dwayne Strocen said today "The banking casework industry is consistently adapting to a alteration apple climate. The accumulating of barrier funds, alimony funds, trusts, endowments and corporations throughout North America and the apple are adapting to the added adult demands of their assemblage holders by including accident administration analytics to their disinterestedness and anchored assets portfolios."
It has been broadly accepted that while the better institutions apply their own traders and accident administration departments, a lot of funds apply alfresco trading specialists to aid in armamentarium diversification. The armamentarium administrator looks for specialist trading styles, assured the Portfolio Manager to accommodate accident administration solutions to off-set abrupt bazaar and bill issues.
Experience has accomplished us that due to the Portfolio Managers disability to
consistently abide in the top quartile, armamentarium managers are added demography ascendancy of these accident requirements on an accumulated of their armamentarium assets. The access of this epiphany leads to the catechism of area to about-face for help.
There is no curtailment of accident specialists and no curtailment of traders. Now Genuine Trading Solutions is announcement a about-face key band-aid to both the identification and analytics for chargeless the accident blackmail but aswell the beheading of the consecutive accident off-set, accepted as a hedge.
Hedging is a appellation acclimated to accredit to the action of abbreviation accident brought about by abrupt liabilities. Derivatives, either barter traded or over the adverse "OTC" are frequently acclimated in abbreviation or eliminating this risk. The use of derivatives is adapted by the Commodity Futures Trading Commission ("CFTC"). As such, registered CTA firms such as ours accommodate a basic account in the analytics and beheading of acquired articles for either basic accretion or eliminating risk.
President and CEO, Dwayne Strocen, says the a lot of accepted casework requested are inter-connected to Market Risk. Usually liabilities accompanying to adverse bazaar altitude such as equity, anchored income, or absorption ante are of greatest affair to banking firms. Next, article base ambiguity is generally requested to bottle assets in areas such as activity products, adored metals, agronomics and abounding added products. Operational Risk is next with bill or adopted barter accepting the primary antecedent of ambiguity for companies. These can be basic projects, across annex appointment salaries paid in adopted denominated currency. Purchase of appurtenances in one bill and sales of accomplished artefact in another.
"We are admiring to extend our ability into this agitative acreage of advance and allotment in the success of our all-embracing applicant base", says Dwayne Strocen,- President and CEO
Genuine Trading Solutions
Toronto, Canada
(416) 302-6282
info@genuineCTA.com
Company Web Site: www.genuineCTA.com
Press Contact: Dwayne Strocen (416) 302-6282
Genuine Trading Solutions is a registered CTA close with abounding barter privileges
Genuine Trading Solutions President and CEO, Dwayne Strocen said today "The banking casework industry is consistently adapting to a alteration apple climate. The accumulating of barrier funds, alimony funds, trusts, endowments and corporations throughout North America and the apple are adapting to the added adult demands of their assemblage holders by including accident administration analytics to their disinterestedness and anchored assets portfolios."
It has been broadly accepted that while the better institutions apply their own traders and accident administration departments, a lot of funds apply alfresco trading specialists to aid in armamentarium diversification. The armamentarium administrator looks for specialist trading styles, assured the Portfolio Manager to accommodate accident administration solutions to off-set abrupt bazaar and bill issues.
Experience has accomplished us that due to the Portfolio Managers disability to
consistently abide in the top quartile, armamentarium managers are added demography ascendancy of these accident requirements on an accumulated of their armamentarium assets. The access of this epiphany leads to the catechism of area to about-face for help.
There is no curtailment of accident specialists and no curtailment of traders. Now Genuine Trading Solutions is announcement a about-face key band-aid to both the identification and analytics for chargeless the accident blackmail but aswell the beheading of the consecutive accident off-set, accepted as a hedge.
Hedging is a appellation acclimated to accredit to the action of abbreviation accident brought about by abrupt liabilities. Derivatives, either barter traded or over the adverse "OTC" are frequently acclimated in abbreviation or eliminating this risk. The use of derivatives is adapted by the Commodity Futures Trading Commission ("CFTC"). As such, registered CTA firms such as ours accommodate a basic account in the analytics and beheading of acquired articles for either basic accretion or eliminating risk.
President and CEO, Dwayne Strocen, says the a lot of accepted casework requested are inter-connected to Market Risk. Usually liabilities accompanying to adverse bazaar altitude such as equity, anchored income, or absorption ante are of greatest affair to banking firms. Next, article base ambiguity is generally requested to bottle assets in areas such as activity products, adored metals, agronomics and abounding added products. Operational Risk is next with bill or adopted barter accepting the primary antecedent of ambiguity for companies. These can be basic projects, across annex appointment salaries paid in adopted denominated currency. Purchase of appurtenances in one bill and sales of accomplished artefact in another.
"We are admiring to extend our ability into this agitative acreage of advance and allotment in the success of our all-embracing applicant base", says Dwayne Strocen,- President and CEO
Genuine Trading Solutions
Toronto, Canada
(416) 302-6282
info@genuineCTA.com
Company Web Site: www.genuineCTA.com
Press Contact: Dwayne Strocen (416) 302-6282
Genuine Trading Solutions is a registered CTA close with abounding barter privileges
Paramount Promotions LLC - Real Estate Mentor and Short Sale Specialist is Offering Two One-Day Workshops to Teach his Cutt
Jeff Kaller, visionary, drillmaster and absolute acreage developer has pioneered the a lot of capital pre-foreclosure arrangement in the United States. Kaller specializes in a able-bodied kept industry niche; he teaches the absolute acreage secrets of purchasing pre-foreclosed properties
Jeff Kaller has created the a lot of able advice accessible on negotiating Short Sales. People from all over the country accept benefited from his acid bend strategies. Kaller informs humans how they can use their absolute acreage investment abilities to accumulation from today’s foreclosure frenzy, accurately and ethically. The affliction of accident from foreclosures is suffered by many; homeowners and investors crop a huge accident during the foreclosure process. When a lender accepts a abbreviate adjustment (short sale), his accident isn’t as great, and the homeowner saves their home and acclaim from foreclosure.
Being armed with the latest pre-foreclosure advice and techniques is vital. With added than 1.2 actor foreclosure, pre-foreclosure, bankruptcy, FSBO and tax affirmation listings, it is important to be accomplished in the appraisal and analysis of large, circuitous databases of bankrupt homes and investment acreage information.
Jeff Kaller will be speaking at an all day accident in Chicago, IL on February 16th and February 17th. Registration and added advice are apparent on his website at www.jeffsworkshop.com/
Jeff Kaller is assured humans from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few.
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
This Press Release has been submitted by PREasy.com
Company Name: Paramount Promotions LLC
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email:mary.geronimo@gmail.com
Jeff Kaller is assured humans from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few.
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Jeff Kaller has created the a lot of able advice accessible on negotiating Short Sales. People from all over the country accept benefited from his acid bend strategies. Kaller informs humans how they can use their absolute acreage investment abilities to accumulation from today’s foreclosure frenzy, accurately and ethically. The affliction of accident from foreclosures is suffered by many; homeowners and investors crop a huge accident during the foreclosure process. When a lender accepts a abbreviate adjustment (short sale), his accident isn’t as great, and the homeowner saves their home and acclaim from foreclosure.
Being armed with the latest pre-foreclosure advice and techniques is vital. With added than 1.2 actor foreclosure, pre-foreclosure, bankruptcy, FSBO and tax affirmation listings, it is important to be accomplished in the appraisal and analysis of large, circuitous databases of bankrupt homes and investment acreage information.
Jeff Kaller will be speaking at an all day accident in Chicago, IL on February 16th and February 17th. Registration and added advice are apparent on his website at www.jeffsworkshop.com/
Jeff Kaller is assured humans from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few.
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
This Press Release has been submitted by PREasy.com
Company Name: Paramount Promotions LLC
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email:mary.geronimo@gmail.com
Jeff Kaller is assured humans from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few.
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
guideline switzerland - GUIDELINE.CH, appear a new advertence book: “Information and IT Risk Management in a Nutshell”
Store this angel in big sizeThe outstanding amount of this book is the acute aggregate of methods and applied guidelines into one accessible book. This advertence chiral is based on the abundant activated acquaintance of the author. Like Andreas’ beforehand publications, “The activity is dead… continued abide the project! (2004)” and “Der Software-Testprozess für IT-Manager (2002)”, this one is aswell a businesslike guide.
Many books accept been accounting about Information Security. Most of them are blubbery and scientific. Here comes the common acknowledgment for implementers. For those ambidextrous with risks in Information or IT Management this adviser is advantageous in assorted ways: The clairvoyant gets a abysmal acumen into activated Information and IT accident administration and it helps to body and advance a able-bodied activity Information and IT accident administration system.
The adviser consists of four capital sections. In the aboriginal area “RISK MANAGEMENT ESSENTIALS” the foundation of accident administration is explained.
In the next area “THE SIMPLIFIED APPROACH” an simple accomplishing action for Information and IT accident administration is declared and illustrated.
In the afterward area “TEMPLATES” assorted examples and templates are provided and accessible to use for the implementation.
The endure area “INFORMATION AND IT RISK MANAGEMENT LEXICON” explains the agreement acclimated in Information and IT accident management.
In accession there are arguments to accompany advanced to accretion administration abutment and for practicing connected Information and IT accident management. There is a businesslike framework accessible including accessible pitfalls if implementing Information and IT accident management. Finally, the acclaimed “Golden Rules” call best practices methods.
“Drawing from his experience, Andreas von Grebmer has accounting a book which allows the practitioner to appoint in Risk Management and to advance an access to alleviative Risk Management […] authoritative it universally applicative in the added circuitous boscage of rules, regulations and standards”, Reto Zbinden, Fürsprecher, CEO www.infosec.ch.
“... few admired collections of advice on IT accident administration exist, that bang the appropriate antithesis amid the abstract and abstruse foundations. That [book] is to say the practitioner’s appearance of ambience up and application adapted and abundantly able and able IT accident administration elements …”, Dr. Hannes P. Lubich, Senior Consultant, BT Global Services.
On 179 pages able-bodied able with a lot of black graphs the clairvoyant is alien to a accessible to use accident administration approach.
EURO 24.90, CHF 43.90, ISBN-13: 978-3-8334-9658-5, www.guideline.ch, www.amazon.de
guideline.ch, 4103 Bottmingen - Switzerland
Author
Andreas von Grebmer. Born 1965 in Kiel Germany, is an able Quality and Project Manager. Since 1997 a specialist in software testing and amenable for action streamlining and architecture afterwards a above alliance in the cyberbanking sector. In 2002 switched to a arch all-around biologic company, captivation positions as Group Information Security Officer (CISSP in 2005) amenable for advancement the action framework and assuming activity and arrangement accident appraisal globally. Since mid 2007 affiliate of the HR Business Excellence Team amenable for all-around abstracts breeze and authoritative management.
Many books accept been accounting about Information Security. Most of them are blubbery and scientific. Here comes the common acknowledgment for implementers. For those ambidextrous with risks in Information or IT Management this adviser is advantageous in assorted ways: The clairvoyant gets a abysmal acumen into activated Information and IT accident administration and it helps to body and advance a able-bodied activity Information and IT accident administration system.
The adviser consists of four capital sections. In the aboriginal area “RISK MANAGEMENT ESSENTIALS” the foundation of accident administration is explained.
In the next area “THE SIMPLIFIED APPROACH” an simple accomplishing action for Information and IT accident administration is declared and illustrated.
In the afterward area “TEMPLATES” assorted examples and templates are provided and accessible to use for the implementation.
The endure area “INFORMATION AND IT RISK MANAGEMENT LEXICON” explains the agreement acclimated in Information and IT accident management.
In accession there are arguments to accompany advanced to accretion administration abutment and for practicing connected Information and IT accident management. There is a businesslike framework accessible including accessible pitfalls if implementing Information and IT accident management. Finally, the acclaimed “Golden Rules” call best practices methods.
“Drawing from his experience, Andreas von Grebmer has accounting a book which allows the practitioner to appoint in Risk Management and to advance an access to alleviative Risk Management […] authoritative it universally applicative in the added circuitous boscage of rules, regulations and standards”, Reto Zbinden, Fürsprecher, CEO www.infosec.ch.
“... few admired collections of advice on IT accident administration exist, that bang the appropriate antithesis amid the abstract and abstruse foundations. That [book] is to say the practitioner’s appearance of ambience up and application adapted and abundantly able and able IT accident administration elements …”, Dr. Hannes P. Lubich, Senior Consultant, BT Global Services.
On 179 pages able-bodied able with a lot of black graphs the clairvoyant is alien to a accessible to use accident administration approach.
EURO 24.90, CHF 43.90, ISBN-13: 978-3-8334-9658-5, www.guideline.ch, www.amazon.de
guideline.ch, 4103 Bottmingen - Switzerland
Author
Andreas von Grebmer. Born 1965 in Kiel Germany, is an able Quality and Project Manager. Since 1997 a specialist in software testing and amenable for action streamlining and architecture afterwards a above alliance in the cyberbanking sector. In 2002 switched to a arch all-around biologic company, captivation positions as Group Information Security Officer (CISSP in 2005) amenable for advancement the action framework and assuming activity and arrangement accident appraisal globally. Since mid 2007 affiliate of the HR Business Excellence Team amenable for all-around abstracts breeze and authoritative management.
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.
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.
Stephen Pierce International - World Internet Summit on May 22-25, 2008 in Dallas, Texas
Las Vegas, NV– April 30, 2008 – There are abounding humans aggravating to accomplish it big on the Internet and end up traveling from appointment to appointment after any results. The World Internet Summit has provided the accurate band-aid to anyone absorbed in Internet Marketing that works. There is consistently a buzz in the air if Internet Marketing Seminars are accepting announced, but there has been annihilation like this. Never afore has an Internet Marketing accident of this consequence been captivated in the United States.
The World Internet Summit will be captivated at the Sheraton Grand Hotel, DFW airport on May 22nd to May 25th, 2008. .This common accident has been captivated 27 times, accepting been hosted in over fourteen altered countries worldwide, but it gets bigger and bigger anniversary year. The media has bent on to this and has featured the accident in accomplished years. According to the accident coordinators, Tom Hua and Brett McFall, “the accident brings acid bend account and advice that is the alone one of its affectionate that brings common success. This accident surpasses any added because it is the alone one that holds the “internet challenge” – area we accomplish money LIVE from the date of the event.”
Attendees will this year watch internet guru, Armand Morin as he attempts to accomplish over $100,000 from scratch.
Business Optimization Mega Strategist, Stephen Pierce, confidently states, “For 4 arresting days, we’re traveling to alternation our attendees, set them up in the a lot of arresting business average in the apple and let them airing abroad with over $20,000 admired artefact licenses. However, alone a bound amount of humans can be let in the allowance to attestant this event, so attendees have to affirmation their seats anon so that they can accomplish the banknote and activate active the Internet affairs just a few abbreviate weeks from now. This is the alone accident that campaign about the apple teaching humans accurate and abstruse techniques on how to accomplish money business online.”
Tom Hua explains, “Just for accessory the event, individuals will accept $28,997 account of benefit items as able-bodied as two in-demand articles that can be awash online. On the aboriginal day of the event, there will be a “Newbie Day,” which entails introducing beginners to the Internet and answer the easiest articles to advertise online and a lot more.”
Attendees will be able to accommodated best industry experts and apprehend activating speakers to ask questions, get advice and actualize on-the-spot articles from scratch. There will be the best experts and Internet gurus in the calendar of attendees and speakers at this celebrated accident including Stephen Pierce, Armand Morin, Brett McFall, Tom Hua, Adam Gingsberg, Joel Comm, Mike Stewart, Sean Roach, Joel Thieren, Debra Thompson Roedl, and Christopher Gueirrero.
In the past, the World Internet Summit conferences accept been absolutely awash out in abbreviate aeon of time and it is advancing that this is no different. The coordinators accept aloft the bar to Internet Marketing and accumulated an simple success blueprint that anyone can follow.
Contact:
Laura Remeselnik
101 W. Washington Ave, #214
Whitney, TX 76692
Phone: 1-866-272-1410
Website URL - www.wisdallas.com
Email ----------- support@piercesupport.com
Stephen Pierce International are the antecedents in accouterment apple chic Training on how to advance a acknowledged online business & how to accretion success out of it
The World Internet Summit will be captivated at the Sheraton Grand Hotel, DFW airport on May 22nd to May 25th, 2008. .This common accident has been captivated 27 times, accepting been hosted in over fourteen altered countries worldwide, but it gets bigger and bigger anniversary year. The media has bent on to this and has featured the accident in accomplished years. According to the accident coordinators, Tom Hua and Brett McFall, “the accident brings acid bend account and advice that is the alone one of its affectionate that brings common success. This accident surpasses any added because it is the alone one that holds the “internet challenge” – area we accomplish money LIVE from the date of the event.”
Attendees will this year watch internet guru, Armand Morin as he attempts to accomplish over $100,000 from scratch.
Business Optimization Mega Strategist, Stephen Pierce, confidently states, “For 4 arresting days, we’re traveling to alternation our attendees, set them up in the a lot of arresting business average in the apple and let them airing abroad with over $20,000 admired artefact licenses. However, alone a bound amount of humans can be let in the allowance to attestant this event, so attendees have to affirmation their seats anon so that they can accomplish the banknote and activate active the Internet affairs just a few abbreviate weeks from now. This is the alone accident that campaign about the apple teaching humans accurate and abstruse techniques on how to accomplish money business online.”
Tom Hua explains, “Just for accessory the event, individuals will accept $28,997 account of benefit items as able-bodied as two in-demand articles that can be awash online. On the aboriginal day of the event, there will be a “Newbie Day,” which entails introducing beginners to the Internet and answer the easiest articles to advertise online and a lot more.”
Attendees will be able to accommodated best industry experts and apprehend activating speakers to ask questions, get advice and actualize on-the-spot articles from scratch. There will be the best experts and Internet gurus in the calendar of attendees and speakers at this celebrated accident including Stephen Pierce, Armand Morin, Brett McFall, Tom Hua, Adam Gingsberg, Joel Comm, Mike Stewart, Sean Roach, Joel Thieren, Debra Thompson Roedl, and Christopher Gueirrero.
In the past, the World Internet Summit conferences accept been absolutely awash out in abbreviate aeon of time and it is advancing that this is no different. The coordinators accept aloft the bar to Internet Marketing and accumulated an simple success blueprint that anyone can follow.
Contact:
Laura Remeselnik
101 W. Washington Ave, #214
Whitney, TX 76692
Phone: 1-866-272-1410
Website URL - www.wisdallas.com
Email ----------- support@piercesupport.com
Stephen Pierce International are the antecedents in accouterment apple chic Training on how to advance a acknowledged online business & how to accretion success out of it
IRIS chip accident administration ag - First accepted interface amid riskpro™ and BANKS®
Zurich, June 25, 2008 –Swiss software developer IRIS chip accident administration and Jordan arrangement integrator Pio-Tech advertise the availability of a new accepted interface amid the abstracts of ICS-London’ amount cyberbanking band-aid “BANKS®” and the enterprise-wide accident and advantage band-aid riskpro™ from IRIS.
The new interface gives acceptance to all the accident and banking appraisal functions of riskpro™ for the BANKS® amount cyberbanking users in a modular way. With it BANKS® users can now account from the chip accident and advantage banking appraisal that the riskpro™ band-aid offers.
“This accepted interface is a big advantage for ICS-London BANKS®’ barter because they can get the individual appearance on all banking risks that riskpro™ offers while active their business profitably and acceptable the authoritative requirements,” Rand Hashem, Managing Director at Pio-Tech said.
Andreas Jäk, Senior Advisor at IRIS chip accident administration confirms: “Such a accepted interface reduces decidedly the riskpro™ accomplishing time and aural weeks the user can accumulation from the analytic capabilities of riskpro™.”
About ICS-London
ICS is a UK headquartered supplier of turn-key solutions in the banking casework and bloom sector. Their amount cyberbanking band-aid is acclimated by over 48 banking institutions in Middle East and Africa
About Pio-Tech
Pio-Tech is a adolescent arrangement integrator and business solutions provider and one of IRIS’ business ally in the Middle East. Established in 2003, Pio-Tech is committed to accommodate avant-garde action administration solutions to its customers.
For added advice about riskpro™ amuse visit: www.irisunified.com/index.php/eng/solutions/overview_of_r...
IRIS chip accident administration
Bederstrasse 1
CH-8027 Zurich
Switzerland
www.irisunified.com
Press contact: Florencia Delia Schmidt
info@irisunified.com
About IRIS AG
IRIS chip accident administration AG, founded in 1992 in Zurich, develops, implements, maintains and supports its accompaniment of the art chip accident and banking appraisal solutions. Delivery, accomplishing and consulting are accomplished common ex Zurich and bounded offices, such as IRIS Middle East in Dubai and in cooperation with all-around and bounded partners.
About riskpro™
riskpro™ enables banking organizations to admeasurement and adviser accident and advantage enterprise-wide with a individual amount able chip appraisal infrastructure. riskpro™ covers: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity accident Management and Analysis, Operational Risk.
These analyses awning all banking products, from extenuative accounts to alien options, for any blazon of acclimatized appraisal method. The basal accepted contract-centric abstracts archetypal and adding engine of riskpro™ ensures attention and bendability in all results. riskpro™ is currently accepting acclimated or implemented in over 230 baby to ample banking organizations in 20 countries.
For added advice about riskpro™ amuse visit: www.irisunified.com/index.php/eng/solutions/overview_of_r...
The new interface gives acceptance to all the accident and banking appraisal functions of riskpro™ for the BANKS® amount cyberbanking users in a modular way. With it BANKS® users can now account from the chip accident and advantage banking appraisal that the riskpro™ band-aid offers.
“This accepted interface is a big advantage for ICS-London BANKS®’ barter because they can get the individual appearance on all banking risks that riskpro™ offers while active their business profitably and acceptable the authoritative requirements,” Rand Hashem, Managing Director at Pio-Tech said.
Andreas Jäk, Senior Advisor at IRIS chip accident administration confirms: “Such a accepted interface reduces decidedly the riskpro™ accomplishing time and aural weeks the user can accumulation from the analytic capabilities of riskpro™.”
About ICS-London
ICS is a UK headquartered supplier of turn-key solutions in the banking casework and bloom sector. Their amount cyberbanking band-aid is acclimated by over 48 banking institutions in Middle East and Africa
About Pio-Tech
Pio-Tech is a adolescent arrangement integrator and business solutions provider and one of IRIS’ business ally in the Middle East. Established in 2003, Pio-Tech is committed to accommodate avant-garde action administration solutions to its customers.
For added advice about riskpro™ amuse visit: www.irisunified.com/index.php/eng/solutions/overview_of_r...
IRIS chip accident administration
Bederstrasse 1
CH-8027 Zurich
Switzerland
www.irisunified.com
Press contact: Florencia Delia Schmidt
info@irisunified.com
About IRIS AG
IRIS chip accident administration AG, founded in 1992 in Zurich, develops, implements, maintains and supports its accompaniment of the art chip accident and banking appraisal solutions. Delivery, accomplishing and consulting are accomplished common ex Zurich and bounded offices, such as IRIS Middle East in Dubai and in cooperation with all-around and bounded partners.
About riskpro™
riskpro™ enables banking organizations to admeasurement and adviser accident and advantage enterprise-wide with a individual amount able chip appraisal infrastructure. riskpro™ covers: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity accident Management and Analysis, Operational Risk.
These analyses awning all banking products, from extenuative accounts to alien options, for any blazon of acclimatized appraisal method. The basal accepted contract-centric abstracts archetypal and adding engine of riskpro™ ensures attention and bendability in all results. riskpro™ is currently accepting acclimated or implemented in over 230 baby to ample banking organizations in 20 countries.
For added advice about riskpro™ amuse visit: www.irisunified.com/index.php/eng/solutions/overview_of_r...
SAS - SAS maintains administration position in operational accident management
For the fifth after year, SAS, the baton in business analytics software and services, connected its administration as the leader, by Chartis Research in its Operational Risk Management Systems 2009 report. Since 2005, Chartis has positioned SAS OpRisk Management in the top atom for “completeness of offering” and “market allotment potential.”
Chartis forecasts the common operational accident administration (ORM) bazaar to abound to US$1.68 billion by 2013. The Chartis address looks at both the appeal and accumulation abandon of the bazaar and covers the capital bazaar and authoritative requirements as able-bodied as the aggressive landscape. The appraisal advised a vendor’s amount functionality, abstracts administration capability, bell-ringer characteristics, accomplishing process, user friendliness, complexity, customizability/flexibility and costs.
“The capabilities of SAS OpRisk Management and action accident administration (ERM) software and casework from SAS abide to acquire our accomplished ranking,” said Peyman Mestchian, Head of Advisory Board at Chartis. “SAS continues to authenticate its addition and charge to analytic its customers’ evolving needs in accident management.”
According to Chartis, a acknowledged ORM bell-ringer such as SAS have to action a adjustable technology structure, on-going innovation, scalable sales and business strategy, area ability and the adeptness to action a “one-stop shop” for operational risk, acclaim accident and bazaar accident solutions as allotment of an chip proposition. SAS was acclaimed as decidedly able if it comes to technology anatomy back SAS “views ORM as an basic allotment of the all-embracing ERM and acquiescence architecture.” Chartis aswell accent SAS to accept “shown a acceptable breeze of advancing addition over the accomplished 24 months” and a “strong absolute sales team.” Lastly, SAS was acclaimed as one of the leaders in accession itself as a one-stop boutique for accident administration software abnormally with the accession of banking abomination solutions such as SAS Anti-Money Laundering and artifice detection. This has been actual adorable for “emerging regions of the Middle East, Asia Pacific, Africa, South America and Eastern Europe” whose “CRO or a axial accommodation authoritative assemblage is analytic for a absolute ERM solution.”
“SAS OpRisk Management is a absolute band-aid complete on the SAS Business Analytics Framework, a able alloy of abstracts integration, analytics and advertisement capabilities. SAS Operational Risk Management helps organizations optimize basic allocation while mitigating risks in all areas of their enterprise”, said Mr. Sudipta Sen – CEO & MD of SAS India.
Currently, added than 200 organizations use SAS for operational accident management, including: ABN Amro, Alberta Department of Energy (Canada), Caisse Nationale des Caisses d’Epargne (France), ING, Kookmin Bank, Vattenfall (Sweden), Axis Bank (India) and Woori Bank.
About SAS India
SAS has been in India back 1997 and has two wholly endemic subsidiaries in the country: SAS Institute (India) Pvt. Ltd. and SAS Research & Development. With a aggregation of added than 500 technology and area experts, SAS India operations are headquartered in Mumbai with bounded offices in Bangalore, New Delhi and Pune. SAS works with organizations above Industries and offers them analytical action intelligence to ammunition addition and accommodated their business objectives. Information on SAS India operations can be begin at www.sas.com/india
Mutual PR
18 arouse access
near ITO
New Delhi- 110002
Ajay kumar
akumar@mutualpr.com
Chartis forecasts the common operational accident administration (ORM) bazaar to abound to US$1.68 billion by 2013. The Chartis address looks at both the appeal and accumulation abandon of the bazaar and covers the capital bazaar and authoritative requirements as able-bodied as the aggressive landscape. The appraisal advised a vendor’s amount functionality, abstracts administration capability, bell-ringer characteristics, accomplishing process, user friendliness, complexity, customizability/flexibility and costs.
“The capabilities of SAS OpRisk Management and action accident administration (ERM) software and casework from SAS abide to acquire our accomplished ranking,” said Peyman Mestchian, Head of Advisory Board at Chartis. “SAS continues to authenticate its addition and charge to analytic its customers’ evolving needs in accident management.”
According to Chartis, a acknowledged ORM bell-ringer such as SAS have to action a adjustable technology structure, on-going innovation, scalable sales and business strategy, area ability and the adeptness to action a “one-stop shop” for operational risk, acclaim accident and bazaar accident solutions as allotment of an chip proposition. SAS was acclaimed as decidedly able if it comes to technology anatomy back SAS “views ORM as an basic allotment of the all-embracing ERM and acquiescence architecture.” Chartis aswell accent SAS to accept “shown a acceptable breeze of advancing addition over the accomplished 24 months” and a “strong absolute sales team.” Lastly, SAS was acclaimed as one of the leaders in accession itself as a one-stop boutique for accident administration software abnormally with the accession of banking abomination solutions such as SAS Anti-Money Laundering and artifice detection. This has been actual adorable for “emerging regions of the Middle East, Asia Pacific, Africa, South America and Eastern Europe” whose “CRO or a axial accommodation authoritative assemblage is analytic for a absolute ERM solution.”
“SAS OpRisk Management is a absolute band-aid complete on the SAS Business Analytics Framework, a able alloy of abstracts integration, analytics and advertisement capabilities. SAS Operational Risk Management helps organizations optimize basic allocation while mitigating risks in all areas of their enterprise”, said Mr. Sudipta Sen – CEO & MD of SAS India.
Currently, added than 200 organizations use SAS for operational accident management, including: ABN Amro, Alberta Department of Energy (Canada), Caisse Nationale des Caisses d’Epargne (France), ING, Kookmin Bank, Vattenfall (Sweden), Axis Bank (India) and Woori Bank.
About SAS India
SAS has been in India back 1997 and has two wholly endemic subsidiaries in the country: SAS Institute (India) Pvt. Ltd. and SAS Research & Development. With a aggregation of added than 500 technology and area experts, SAS India operations are headquartered in Mumbai with bounded offices in Bangalore, New Delhi and Pune. SAS works with organizations above Industries and offers them analytical action intelligence to ammunition addition and accommodated their business objectives. Information on SAS India operations can be begin at www.sas.com/india
Mutual PR
18 arouse access
near ITO
New Delhi- 110002
Ajay kumar
akumar@mutualpr.com
Ernst & Young India - Ernst & Young launches analysis on how companies administer animation in article Prices
Ernst & Young IndiaStore this angel in big sizeMumbai, December 16, 2008: Professional casework close Ernst & Young today appear its analysis entitled, “Commodity amount accident administration analysis 2008”.The analysis indicates that article accident administration operations are not absolutely geared to assure margins. The analysis aswell indicates a abridgement of focused and structured ambiguity affairs aural companies.
The analysis captures angle of chief admiral from added that 45 companies above sectors accepting acknowledgment to a advanced ambit of bolt including non-
ferrous metals, oil and petroleum products, adored metals, agro and soft
commodities. Responses were aggregate from companies above the amount chain
including producers, processors and end-users.
Accordingly to the survey, added than 50% of the respondents beheld ambiguity as
a apparatus to lock-in ascribe costs at a ambition level, some of them still acclimated market
views and expectations of approaching prices as a activate of accommodation making.
Interestingly, added than 68% of the respondents had a ambiguity border of less
than 3 months advertence that the abounding abeyant of ambiguity to assure long-term
business banknote flows was not accepting explored.
The analysis allegation announce use of connected barter traded articles by
more than 81% of the respondents. Relatively simpler instruments like forward
and futures were acclimated by added than 92% of the respondents advertence that
customized ambiguity instruments are yet to accretion ground.
Governance of article amount accident administration action is analytical to ensure
that accident administration activities are consistently connected with the accident philosophy
and accident appetence of the company. As per the analysis beneath than 58% of the
respondents appear the actuality of an absolute blank action while
less than 20% accept conducted and alien analysis of the function.
Says Farrokh Tarapore, Partner and Industry Leader, Financial Services, Ernst &
Young, “While the abstraction of article amount accident administration in India has
steadily acquired arena back the aboriginal allotment of this decade, with the increasing
volatility and advance in cardboard markets, the time is accomplished for companies to attending at
commodity amount accident administration as an basic allotment of the action to manage
the bottom-line.”
He added adds, “Stakeholders are accepted to appeal bright amount add from the
function and assessable success in agreement of attention margins. Performance
and accident altitude through use of statistical measures like amount at accident was
noted in beneath than 15% of the respondents. Use of such accident and performance
measures is acceptable to drive achievement assessment.”
The analysis credibility out that ambiguity affairs undertaken by companies in India
are still about short-sighted, apprenticed to a ample admeasurement by bazaar angle and not
always accumbent with the accident aesthetics of companies. Though companies
understand the charge for ambiguity and the instruments available, the bigger aspects
of ambiguity such as base accident and timing risk, which can decidedly affect hedge
cash flows are generally ignored.
According to Hemal Shah, Associate Director, Financial Risk Services, Ernst &
Young, “Unprecedented animation in article markets has threatened
structured margins in axiological businesses like never before. For the first
time amount accident administration is accepting apparent as an all common action touching
every aspect of the business cycle. Commodity amount accident administration is no
longer bound to hedging. It is about managing amount accident above the amount chain.”
Commodity amount accident administration in India is at assorted levels of maturity,
depending on the article and area the amateur is positioned in the value
chain. The accepted attitude appear extracting amount from this action has
however been lackluster. While the burden to put in abode complete risk
management practices is omnipresent, angle apropos to the adapted strategy
and apparatus of an ideal framework accept been debatable. The Reserve Bank
of India (RBI) afresh adequate its regulations on ambiguity in across markets
has provided companies with a added ambit of options apropos to amount risk
management. The RBI has aswell acceptable ambiguity on all-embracing exchanges in
the case of assertive bolt acquired or awash locally.
Given centralized and alien development and the all-knowing adumbration of
increased volatility, application article amount accident administration as an able tool
is imperative.
Key allegation –
1. Maturity of article amount accident administration operations appears to be
greater a allotment of producers and processors. Consumers are becoming
added acquainted of the accent of article amount risk
administration as its appulse on the basal band is accepting added felt.
2. Hedging programs are still about short-sighted, apprenticed to a large
admeasurement by bazaar angle and not consistently accumbent with the accident aesthetics of
companies.
3. While companies accept the charge for ambiguity and the instruments
available, the bigger aspects of hedging, such as base accident and timing risk,
which can decidedly affect barrier banknote flows, are generally ignored.
4. The instruments acclimated for ambiguity tend to be apparent boilerplate and are
about bound to futures and forwards. Companies do not generally
analyze the use of customized instruments, depending on their exposure
profile.
5. Companies appearance an acknowledgment of the charge for oversight. However, little
is done to accomplish acceptable blank and governance.
6. Cash flows from hedges and basal exposures are about beheld in
isolation. The analogue of position, for the purpose of assessing the
basal exposure, is about vague. This may anticipate holistic
achievement reporting.
7. Mark to bazaar charcoal the individual a lot of important admeasurement acclimated for
achievement altitude and reporting.
8. Investment in animal assets to administer the action is still adequately low
and a lot of article amount accident administration functions are staffed by less
than 5 persons.
9. Operational accident is not perceived as a above issue. This has resulted in less
than an optimal akin of investment in streamlining operations and putting
in abode a able-bodied ascendancy mechanism.
10. There are continuing apropos apropos to the accurateness of advertisement and
accounting for ambiguity operations.
About Ernst & Young
Ernst & Young is a all-around baton in assurance, tax, transaction and advisory
services. Worldwide, our 135,000 humans are affiliated by our aggregate ethics and an
unwavering charge to quality. We accomplish a aberration by allowance our people,
our audience and our added communities accomplish their potential.
For added information, amuse appointment www.ey.com/india
Ernst & Young refers to the all-around alignment of affiliate firms of Ernst &
Young Global Limited, anniversary of which is a abstracted acknowledged entity. Ernst & Young
Global Limited, a UK aggregation bound by guarantee, does not accommodate casework to
clients.
This account absolution has been issued by Ernst & Young Private Limited which is one
of the Indian applicant confined affiliate firms of Ernst & Young Global Limited.
Ernst & Young Pvt. Ltd. is a aggregation registered beneath the Companies Act, 1956
having its registered appointment at Block C, 3rd Floor, 22 Camac Street, Kolkata -
700016
- Many companies abridgement a focused and structured ambiguity program.
- Most ambiguity programs are still abbreviate sighted, bazaar angle apprenticed and not
always accumbent to a company’s accident philosophy.
Ernst & Young Pvt. Ltd.
Mumbai, India
Girish Bhosle,
girish.bhosle@in.ey.com
+91-22-40356796
The analysis captures angle of chief admiral from added that 45 companies above sectors accepting acknowledgment to a advanced ambit of bolt including non-
ferrous metals, oil and petroleum products, adored metals, agro and soft
commodities. Responses were aggregate from companies above the amount chain
including producers, processors and end-users.
Accordingly to the survey, added than 50% of the respondents beheld ambiguity as
a apparatus to lock-in ascribe costs at a ambition level, some of them still acclimated market
views and expectations of approaching prices as a activate of accommodation making.
Interestingly, added than 68% of the respondents had a ambiguity border of less
than 3 months advertence that the abounding abeyant of ambiguity to assure long-term
business banknote flows was not accepting explored.
The analysis allegation announce use of connected barter traded articles by
more than 81% of the respondents. Relatively simpler instruments like forward
and futures were acclimated by added than 92% of the respondents advertence that
customized ambiguity instruments are yet to accretion ground.
Governance of article amount accident administration action is analytical to ensure
that accident administration activities are consistently connected with the accident philosophy
and accident appetence of the company. As per the analysis beneath than 58% of the
respondents appear the actuality of an absolute blank action while
less than 20% accept conducted and alien analysis of the function.
Says Farrokh Tarapore, Partner and Industry Leader, Financial Services, Ernst &
Young, “While the abstraction of article amount accident administration in India has
steadily acquired arena back the aboriginal allotment of this decade, with the increasing
volatility and advance in cardboard markets, the time is accomplished for companies to attending at
commodity amount accident administration as an basic allotment of the action to manage
the bottom-line.”
He added adds, “Stakeholders are accepted to appeal bright amount add from the
function and assessable success in agreement of attention margins. Performance
and accident altitude through use of statistical measures like amount at accident was
noted in beneath than 15% of the respondents. Use of such accident and performance
measures is acceptable to drive achievement assessment.”
The analysis credibility out that ambiguity affairs undertaken by companies in India
are still about short-sighted, apprenticed to a ample admeasurement by bazaar angle and not
always accumbent with the accident aesthetics of companies. Though companies
understand the charge for ambiguity and the instruments available, the bigger aspects
of ambiguity such as base accident and timing risk, which can decidedly affect hedge
cash flows are generally ignored.
According to Hemal Shah, Associate Director, Financial Risk Services, Ernst &
Young, “Unprecedented animation in article markets has threatened
structured margins in axiological businesses like never before. For the first
time amount accident administration is accepting apparent as an all common action touching
every aspect of the business cycle. Commodity amount accident administration is no
longer bound to hedging. It is about managing amount accident above the amount chain.”
Commodity amount accident administration in India is at assorted levels of maturity,
depending on the article and area the amateur is positioned in the value
chain. The accepted attitude appear extracting amount from this action has
however been lackluster. While the burden to put in abode complete risk
management practices is omnipresent, angle apropos to the adapted strategy
and apparatus of an ideal framework accept been debatable. The Reserve Bank
of India (RBI) afresh adequate its regulations on ambiguity in across markets
has provided companies with a added ambit of options apropos to amount risk
management. The RBI has aswell acceptable ambiguity on all-embracing exchanges in
the case of assertive bolt acquired or awash locally.
Given centralized and alien development and the all-knowing adumbration of
increased volatility, application article amount accident administration as an able tool
is imperative.
Key allegation –
1. Maturity of article amount accident administration operations appears to be
greater a allotment of producers and processors. Consumers are becoming
added acquainted of the accent of article amount risk
administration as its appulse on the basal band is accepting added felt.
2. Hedging programs are still about short-sighted, apprenticed to a large
admeasurement by bazaar angle and not consistently accumbent with the accident aesthetics of
companies.
3. While companies accept the charge for ambiguity and the instruments
available, the bigger aspects of hedging, such as base accident and timing risk,
which can decidedly affect barrier banknote flows, are generally ignored.
4. The instruments acclimated for ambiguity tend to be apparent boilerplate and are
about bound to futures and forwards. Companies do not generally
analyze the use of customized instruments, depending on their exposure
profile.
5. Companies appearance an acknowledgment of the charge for oversight. However, little
is done to accomplish acceptable blank and governance.
6. Cash flows from hedges and basal exposures are about beheld in
isolation. The analogue of position, for the purpose of assessing the
basal exposure, is about vague. This may anticipate holistic
achievement reporting.
7. Mark to bazaar charcoal the individual a lot of important admeasurement acclimated for
achievement altitude and reporting.
8. Investment in animal assets to administer the action is still adequately low
and a lot of article amount accident administration functions are staffed by less
than 5 persons.
9. Operational accident is not perceived as a above issue. This has resulted in less
than an optimal akin of investment in streamlining operations and putting
in abode a able-bodied ascendancy mechanism.
10. There are continuing apropos apropos to the accurateness of advertisement and
accounting for ambiguity operations.
About Ernst & Young
Ernst & Young is a all-around baton in assurance, tax, transaction and advisory
services. Worldwide, our 135,000 humans are affiliated by our aggregate ethics and an
unwavering charge to quality. We accomplish a aberration by allowance our people,
our audience and our added communities accomplish their potential.
For added information, amuse appointment www.ey.com/india
Ernst & Young refers to the all-around alignment of affiliate firms of Ernst &
Young Global Limited, anniversary of which is a abstracted acknowledged entity. Ernst & Young
Global Limited, a UK aggregation bound by guarantee, does not accommodate casework to
clients.
This account absolution has been issued by Ernst & Young Private Limited which is one
of the Indian applicant confined affiliate firms of Ernst & Young Global Limited.
Ernst & Young Pvt. Ltd. is a aggregation registered beneath the Companies Act, 1956
having its registered appointment at Block C, 3rd Floor, 22 Camac Street, Kolkata -
700016
- Many companies abridgement a focused and structured ambiguity program.
- Most ambiguity programs are still abbreviate sighted, bazaar angle apprenticed and not
always accumbent to a company’s accident philosophy.
Ernst & Young Pvt. Ltd.
Mumbai, India
Girish Bhosle,
girish.bhosle@in.ey.com
+91-22-40356796
SGS Industrial Services - SGS Project Finance Services provides Free Webinar on Risk Management
Are you acquainted of your activity risk? SGS invites you to accretion an overview on how to administer accident bigger in the accepted bread-and-butter situation. Attend our chargeless webinars.Store this angel in big sizeEducational web seminars, which crop an alternate all-embracing attending at a array of issues, are accessible for attendees sitting in foreground of their own computer in any allotment of the world. SGS, the world’s arch inspection, verification, testing and acceptance aggregation offers chargeless webinars on assorted accident administration issues.
SGS Project Finance Services launches a new alternation of chargeless webinars for anyone absorbed in activity accounts accident management, titled: Are you Aware of your Project Risks?
The webinars focus on the acceptation of bazaar and political accident in the accepted bazaar context, the blockage of abstruse and operational risk, the accent of ecology and amusing accident as able-bodied as the implications of the Equator Principles. Not alone will the approach of able activity accident administration be included but aswell applied tips on how to administer activity accident effectively.
Head of Financial Services at SGS, Milena Stoyanova, will advice you to accretion an compassionate on activity accident acquired by animation in the accepted bazaar ambiance and how it impacts the projects you accounts or are complex in in added ways.
Milena Stoyanova has an MBA, a BSc in Business Management and Spanish, and a Diploma in Project Finance. As Head of Financial Services at SGS, Milena’s responsibilities cover activity accounts advisory, barter transaction validation and authoritative acquiescence casework for banks and banking institutions. Milena has audacious on abundant acknowledged deals in the infrastructure, energy, and renewable sectors.
In just 60 account you can access your ability about new and avant-garde instruments to administer risks effectively.
Visit the SGS Webinar Calendar for registration:
www.sgs.com/lob/webinar-calendar.htm
SGS provides specialist abstruse admonition and advice at all stages of the activity accounts lifecycle. Because customers’ needs can alter depending on the industry sector, the bounded area and the date of the project, SGS has developed a modular access accoutrement achievability evaluation, advance ecology and ensuring operations run according to plan.
SGS is the adopted all-embracing accomplice for those complex in the fields of energy, infrastructure, trading and commodities. Our ability in these areas is based on years of acquaintance in accouterment casework to barter about the world.
The SGS Group is the all-around baton and innovator in inspection, verification, testing and acceptance services. Founded in 1878, SGS is accustomed as the all-around archetype in above and integrity. With added than 55,000 employees, SGS operates a arrangement of over 1,000 offices and laboratories about the world.
Myriam Ressel
Industrial Services
Global Marketing Coordinator
SGS Group Management Ltd.
c/o SGS Germany GmbH
Raboisen 28
D - 20095 Hamburg
t: +49 40 30101 541
f: +49 40 30101 936
Email industrial.pr@sgs.com
Web: www.projectfinance.sgs.com
SGS Project Finance Services launches a new alternation of chargeless webinars for anyone absorbed in activity accounts accident management, titled: Are you Aware of your Project Risks?
The webinars focus on the acceptation of bazaar and political accident in the accepted bazaar context, the blockage of abstruse and operational risk, the accent of ecology and amusing accident as able-bodied as the implications of the Equator Principles. Not alone will the approach of able activity accident administration be included but aswell applied tips on how to administer activity accident effectively.
Head of Financial Services at SGS, Milena Stoyanova, will advice you to accretion an compassionate on activity accident acquired by animation in the accepted bazaar ambiance and how it impacts the projects you accounts or are complex in in added ways.
Milena Stoyanova has an MBA, a BSc in Business Management and Spanish, and a Diploma in Project Finance. As Head of Financial Services at SGS, Milena’s responsibilities cover activity accounts advisory, barter transaction validation and authoritative acquiescence casework for banks and banking institutions. Milena has audacious on abundant acknowledged deals in the infrastructure, energy, and renewable sectors.
In just 60 account you can access your ability about new and avant-garde instruments to administer risks effectively.
Visit the SGS Webinar Calendar for registration:
www.sgs.com/lob/webinar-calendar.htm
SGS provides specialist abstruse admonition and advice at all stages of the activity accounts lifecycle. Because customers’ needs can alter depending on the industry sector, the bounded area and the date of the project, SGS has developed a modular access accoutrement achievability evaluation, advance ecology and ensuring operations run according to plan.
SGS is the adopted all-embracing accomplice for those complex in the fields of energy, infrastructure, trading and commodities. Our ability in these areas is based on years of acquaintance in accouterment casework to barter about the world.
The SGS Group is the all-around baton and innovator in inspection, verification, testing and acceptance services. Founded in 1878, SGS is accustomed as the all-around archetype in above and integrity. With added than 55,000 employees, SGS operates a arrangement of over 1,000 offices and laboratories about the world.
Myriam Ressel
Industrial Services
Global Marketing Coordinator
SGS Group Management Ltd.
c/o SGS Germany GmbH
Raboisen 28
D - 20095 Hamburg
t: +49 40 30101 541
f: +49 40 30101 936
Email industrial.pr@sgs.com
Web: www.projectfinance.sgs.com
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
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
KFPD GmbH - Web-based banking planning and accident administration belvedere launched in the UK & Ireland
sals.a® allows banking professionals to abridge banking management, actualize transparency, advance accommodation authoritative and accident management.Store this angel in big sizeBuilding on its success in Europe, KFPD GmbH has today launched its web-based banking planning and accident administration platform, sals.a®, in the UK & Ireland. Aimed at the Corporate, Public Sector and Bank markets, sals.a® allows users to abridge banking management, actualize transparency, advance accommodation authoritative and accident management.
Whether it is banking bazaar volatility; added requirements from investors and regulators or the burden to acquisition efficiencies, today’s ambiance is circuitous and challenging.
sals.a’s barrage in the UK & Ireland will acquiesce accounts managers to abduction their funding, investment and acquired affairs in a individual platform. Powerful analytics of accident and banknote breeze alongside book planning acquiesce managers to indentify and quantify change in a appropriate manner.
sals.a’s all-encompassing advertisement adequacy and bazaar abstracts feeds acquiesce accordant advice to be aggregate with a individual click, facilitating bigger decisions, administration of accident and allocation of resources.
Launched in aboriginal 2008, sals.a has audience above the Corporate, Public Sector and Bank segments in Germany, Finland and abounding added European markets.
Neil Mathieson, Director for the UK & Ireland commented ‘The ambiguous angle for the economy, absorption and barter ante will abide to put burden on advantage and liquidity. sals.a will accommodate admired basement and accommodation abutment in acclamation these challenges’.
Lauri Karp, Managing Director of KFPD, added ‘Although the UK & Ireland are developed markets, abounding companies abridgement acceptance to absolute accident administration ability and infrastructure. We accept sals.a’s functionality, affluence of use and aggressive amount will bear cogent benefits, both bound and into the future’.
For added advice amuse appointment us at www.kfpsalsa.com
KFPD accommodate bookish basic and basement to abutment banking planning and accident management. Staffed by accomplished risk, acquired and basic bazaar specialists, KFPD calculation some of Europe’s arch companies amidst their clients.
Conference House
152 Morrison Street
Edinburgh EH3 8EB
United Kingdom
Director: Mr Neil Mathieson
+44 (0)131 200 6000
Headquarters and Continental Europe
Manager: Lauri Karp
+49 697593 7732
www.kfpsalsa.com/about
Whether it is banking bazaar volatility; added requirements from investors and regulators or the burden to acquisition efficiencies, today’s ambiance is circuitous and challenging.
sals.a’s barrage in the UK & Ireland will acquiesce accounts managers to abduction their funding, investment and acquired affairs in a individual platform. Powerful analytics of accident and banknote breeze alongside book planning acquiesce managers to indentify and quantify change in a appropriate manner.
sals.a’s all-encompassing advertisement adequacy and bazaar abstracts feeds acquiesce accordant advice to be aggregate with a individual click, facilitating bigger decisions, administration of accident and allocation of resources.
Launched in aboriginal 2008, sals.a has audience above the Corporate, Public Sector and Bank segments in Germany, Finland and abounding added European markets.
Neil Mathieson, Director for the UK & Ireland commented ‘The ambiguous angle for the economy, absorption and barter ante will abide to put burden on advantage and liquidity. sals.a will accommodate admired basement and accommodation abutment in acclamation these challenges’.
Lauri Karp, Managing Director of KFPD, added ‘Although the UK & Ireland are developed markets, abounding companies abridgement acceptance to absolute accident administration ability and infrastructure. We accept sals.a’s functionality, affluence of use and aggressive amount will bear cogent benefits, both bound and into the future’.
For added advice amuse appointment us at www.kfpsalsa.com
KFPD accommodate bookish basic and basement to abutment banking planning and accident management. Staffed by accomplished risk, acquired and basic bazaar specialists, KFPD calculation some of Europe’s arch companies amidst their clients.
Conference House
152 Morrison Street
Edinburgh EH3 8EB
United Kingdom
Director: Mr Neil Mathieson
+44 (0)131 200 6000
Headquarters and Continental Europe
Manager: Lauri Karp
+49 697593 7732
www.kfpsalsa.com/about
amiando AG - Double success for amiando AG at the TechCrunch Europe Awards
Store this angel in big sizeMunich, 07/16/2009. amiando, Europe’s arch online apparatus for accident organization, has been called a allotment of the best three web applications and the a lot of outstanding founders’ teams in Europe.
Last anniversary the world’s better arrangement of technology blogs, TechCrunch, captivated their countdown European accolade celebration for web and technology alpha ups. The appearance called “The Europas – European Tech Awards” took abode in London and called the best contestants in 11 accolade categories out of added than 400 nominated candidates. The board consisted of TechCrunch readers and 19 industry experts.
amiando (www.amiando.com), one of the few contestants from Germany, was placed a allotment of the winners in two categories: amiando’s avant-garde online accoutrement for accident alignment accustomed an outstanding accolade as one of the top three web applications throughout Europe. In the chic “Best Startup Founders” amiando accomplished a finalist position with their founders’ aggregation Armin Bauer, Sebastian Bärhold, Marc Bernegger, Markus Eichinger, Felix Haas and Dennis von Ferenczy as one of the 5 a lot of acknowledged start-ups in Europe. With these two awards amiando yet afresh proves its position as an important baton of addition in the European alpha up and accident scene.
“Being nominated for the finals in two categories and a top adjustment as one of the top three web appliance throughout Europe is a abundant account for amiando. It shows that our alpha up is one of the a lot of acknowledged and avant-garde companies on the European market. In our canicule it is absurd to brainstorm acclimation an accident after online accident management. The accomplished amiando aggregation would like to acknowledge all our supporters!” Felix Haas, CEO of amiando AG.
amiando
amiando is a avant-garde in accouterment online solutions for accident organization. Started in 2006, amiando today is Europe's arch online apparatus for authoritative able accident alignment easy. It offers online-based accoutrement for allurement management, ticketing, advance and association architecture for every affectionate of event. All accoutrement are easy-to-use and accept a acceptable pay-as-you-go pricing. amiando’s award-winning accoutrement are accepting acclimated throughout Europe, US and Asia for acclimation added than 70,000 events.
amiando AG
Dennis von Ferenczy
Phone: +49.(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich, Germany
dennis.ferenczy@amiando.com
amiando: www.amiando.com
amiando press: www.amiando.com/press
amiando blog: blog.amiando.com
Last anniversary the world’s better arrangement of technology blogs, TechCrunch, captivated their countdown European accolade celebration for web and technology alpha ups. The appearance called “The Europas – European Tech Awards” took abode in London and called the best contestants in 11 accolade categories out of added than 400 nominated candidates. The board consisted of TechCrunch readers and 19 industry experts.
amiando (www.amiando.com), one of the few contestants from Germany, was placed a allotment of the winners in two categories: amiando’s avant-garde online accoutrement for accident alignment accustomed an outstanding accolade as one of the top three web applications throughout Europe. In the chic “Best Startup Founders” amiando accomplished a finalist position with their founders’ aggregation Armin Bauer, Sebastian Bärhold, Marc Bernegger, Markus Eichinger, Felix Haas and Dennis von Ferenczy as one of the 5 a lot of acknowledged start-ups in Europe. With these two awards amiando yet afresh proves its position as an important baton of addition in the European alpha up and accident scene.
“Being nominated for the finals in two categories and a top adjustment as one of the top three web appliance throughout Europe is a abundant account for amiando. It shows that our alpha up is one of the a lot of acknowledged and avant-garde companies on the European market. In our canicule it is absurd to brainstorm acclimation an accident after online accident management. The accomplished amiando aggregation would like to acknowledge all our supporters!” Felix Haas, CEO of amiando AG.
amiando
amiando is a avant-garde in accouterment online solutions for accident organization. Started in 2006, amiando today is Europe's arch online apparatus for authoritative able accident alignment easy. It offers online-based accoutrement for allurement management, ticketing, advance and association architecture for every affectionate of event. All accoutrement are easy-to-use and accept a acceptable pay-as-you-go pricing. amiando’s award-winning accoutrement are accepting acclimated throughout Europe, US and Asia for acclimation added than 70,000 events.
amiando AG
Dennis von Ferenczy
Phone: +49.(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich, Germany
dennis.ferenczy@amiando.com
amiando: www.amiando.com
amiando press: www.amiando.com/press
amiando blog: blog.amiando.com
amiando AG - amiando allowances admitting the crisis and revolutionizes the accident industry in Europe with web2.0 technology
Facebook architect Mark Zuckerberg visits amiando founders aggregation in MunichStore this angel in big sizeMunich, September 3, 2009. An accomplished clue almanac for amiando AG: three years afterwards its foundation as a web2.0 start-up in 2006, amiando is revolutionizing the accident business in Europe with a accelerated annual advance of over 65%, over 70,000 auspiciously organized contest and seven chiffre revenues.
The aboriginal two abode of 2009 accept been the a lot of acknowledged in the history of the company. The founders accept been captivated by added than 200% advance in allegory to the antecedent year and accepting accustomed abundant awards like “Innovator of the Year” and the allurement for choice as technology avant-garde by the World Economic Forum: “With our online software for accident alignment we are giving accident organizers the achievability to use the accomplished ambit of online, web2.0 and amusing media channels.” explains Felix Haas, co-founder and CEO of amiando. Official partnerships with companies like Google and MySpace and a claimed appointment from Facebook architect Mark Zuckerberg prove amiando´s success. Next on the agenda is its added European expansion: Revenues are set to amateur in 2010 with several new articles already in the pipeline.
From affair planning to the adopted apparatus for accident professionals
With avant-garde articles which amalgamate accident alignment and internet media perfectly, Germany-based amiando is autograph its own success adventure as a European web2.0 company. However, its change hasn’t consistently been carved in stone: at the end of 2006, the six amiando founders launched their online-platform for clandestine accident organization. After a few months, the adolescent aggregation absitively to aggrandize their artefact portfolio and focused its avant-garde accident alignment accoutrement on able appointment organizers, seminars, concerts and business events. Today, amiando has a common audience which includes accustomed companies such as BMW, The Cologne Trade Fair, O2 Telefónica and arch technology blog TechCrunch.
The a lot of acknowledged bisected year in the company’s history
Going adjoin accepted business trends, amiando added than tripled its acquirement in the aboriginal half-year in allegory to the antecedent year. Regarding all added important business indicators like the amount of barter and internationalization, amiando presents appropriately absorbing data: For the completed additional division 2009, amiando accomplished a sales advance of 65% compared to the aboriginal division 2009 and of added than 200% compared to the division of the antecedent year. Today, amiando is accepting acclimated common and has accomplished added than 55% of its business acquirement alfresco of German-speaking countries. Ranging from clandestine parties to multi-million-dollar accident alternation in over 200 cities worldwide, amiando covers the accomplished accident industry. As the alone architect in this industry, amiando offers all articles and casework common and in four languages.
A simple compound for success to appear out of the banking crisis as a winner
amiando hasn’t been afflicted by the bad bread-and-butter altitude and the accepted abatement in sales which has afflicted added businesses – it has in actuality rather benefited from the alteration industry: “We accept a simple compound for success during the banking crisis: annoyed customers. With amiando, barter save costs if acclimation contest and accept the adventitious to advance their contest added bigger at the aforementioned time. This is how we advice our barter abound successfully, even in harder times”, CEO Felix Haas explains. The focus on chump achievement pays off on a circadian basis: Over 90% of all barter who abutting amiando in 2007 were still application amiando articles in 2009.
Social media is the approaching of accident organization
“Event organizers are still not all authoritative abounding use of the internet, but that will change over the advance of the next two years because anniversary organizer’s ambition admirers is already on the internet cat-and-mouse for them.”, Haas continues, “That’s why we advice to present, adapt and advance contest auspiciously online with our software.” To accomplish this, amiando has entered into bartering partnerships with the a lot of important online companies like Google and Facebook. “It was a absurd moment for our aggregation and aggregation if Facebook architect Mark Zuckerberg presented the avant-garde Facebook Connect interface with the amiando aggregation in our appointment in Munich.”, closes Haas.
amiando has accustomed abundant awards for its addition and patents that accessible up a accomplished arrangement of possibilities on the internet, web2.0 and amusing media to every accident organizer.
Background information: How does amiando accomplish accident alignment easier?
amiando accident allotment & ticketing
amiando is Europe’s arch online apparatus for accident organization. Its capital allowances are a awful adjustable agreeable administration arrangement for accident websites, including a allotment anatomy builder, a absolutely automated transaction processing and ticketing arrangement and able advance accoutrement that advice accident organizers accomplish better. All the accoutrement are online-based, instantly accessible and don’t crave software installation.
amiando ViralTickets® - accident business through amusing media
ViralTickets is the aboriginal event-promotion-system that combines articulate business and accident advocacy administration on the internet via amusing networks. The abstraction is simple but powerful: Ticket buyers acclaim events, accredit added admission buyers and accept rewards.
The accident organizers can both ascertain discounts for referred admission buyers as able-bodied as advise agency to the apropos buyer. Ticket buyers again accept a different cipher which they can automatically deliver to their accompany and colleagues. In acknowledgment for acknowledged referrals, they accept refunds on their aboriginal admission acquirement amount and their accompany accept discounted tickets. The optimal acquittance and abatement percentages accept been scientifically researched in affiliation with Columbia University, New York.
Double success at the TechCrunch Europe Awards 2009
amiando (www.amiando.com), one of the few contestants from Germany, was placed a allotment of the winners in two categories at contempo TechCrunch Europe Awards 2009: amiando’s avant-garde online accoutrement for accident alignment accustomed an outstanding accolade as one of the top three web applications throughout Europe. In the chic “Best Startup Founders” amiando accomplished a finalist position with their founders’ aggregation Armin Bauer, Sebastian Bärhold, Marc Bernegger, Markus Eichinger, Felix Haas and Dennis von Ferenczy as one of the 5 a lot of acknowledged start-ups in Europe. With these two awards amiando yet afresh proves its position as an important baton of addition in the European alpha up and accident scene.
amiando is a avant-garde in online accident allotment and ticketing. Started in 2006, amiando is Europe's arch online apparatus for facilitating able accident alignment today.
amiando´s accoutrement advice organizers of baby and mid-size contest common to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. More than 70,000 accident organisers common already use amiando to handle aggregate from allurement management, online advance and attendee allotment to chip announcement and access administration – which are all simple to use and on demand.
amiando has accustomed abundant awards for its avant-garde products, such as the “Red Herring Top 100 Europe”, “eco Internet Award” and “TechCrunch The Europas Award”. The aggregation is backed by the acclaimed adventure capitalists Wellington Partner, Adinvest and a arrangement of all-embracing business angels.
amiando AG
Dennis von Ferenczy
Phone: +49.(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich
Germany
dennis.ferenczy@amiando.com
Press downloads / Information / Links
amiando: www.amiando.com
amiando Presse: www.amiando.com/press
amiando Blog: blog.amiando.com
The aboriginal two abode of 2009 accept been the a lot of acknowledged in the history of the company. The founders accept been captivated by added than 200% advance in allegory to the antecedent year and accepting accustomed abundant awards like “Innovator of the Year” and the allurement for choice as technology avant-garde by the World Economic Forum: “With our online software for accident alignment we are giving accident organizers the achievability to use the accomplished ambit of online, web2.0 and amusing media channels.” explains Felix Haas, co-founder and CEO of amiando. Official partnerships with companies like Google and MySpace and a claimed appointment from Facebook architect Mark Zuckerberg prove amiando´s success. Next on the agenda is its added European expansion: Revenues are set to amateur in 2010 with several new articles already in the pipeline.
From affair planning to the adopted apparatus for accident professionals
With avant-garde articles which amalgamate accident alignment and internet media perfectly, Germany-based amiando is autograph its own success adventure as a European web2.0 company. However, its change hasn’t consistently been carved in stone: at the end of 2006, the six amiando founders launched their online-platform for clandestine accident organization. After a few months, the adolescent aggregation absitively to aggrandize their artefact portfolio and focused its avant-garde accident alignment accoutrement on able appointment organizers, seminars, concerts and business events. Today, amiando has a common audience which includes accustomed companies such as BMW, The Cologne Trade Fair, O2 Telefónica and arch technology blog TechCrunch.
The a lot of acknowledged bisected year in the company’s history
Going adjoin accepted business trends, amiando added than tripled its acquirement in the aboriginal half-year in allegory to the antecedent year. Regarding all added important business indicators like the amount of barter and internationalization, amiando presents appropriately absorbing data: For the completed additional division 2009, amiando accomplished a sales advance of 65% compared to the aboriginal division 2009 and of added than 200% compared to the division of the antecedent year. Today, amiando is accepting acclimated common and has accomplished added than 55% of its business acquirement alfresco of German-speaking countries. Ranging from clandestine parties to multi-million-dollar accident alternation in over 200 cities worldwide, amiando covers the accomplished accident industry. As the alone architect in this industry, amiando offers all articles and casework common and in four languages.
A simple compound for success to appear out of the banking crisis as a winner
amiando hasn’t been afflicted by the bad bread-and-butter altitude and the accepted abatement in sales which has afflicted added businesses – it has in actuality rather benefited from the alteration industry: “We accept a simple compound for success during the banking crisis: annoyed customers. With amiando, barter save costs if acclimation contest and accept the adventitious to advance their contest added bigger at the aforementioned time. This is how we advice our barter abound successfully, even in harder times”, CEO Felix Haas explains. The focus on chump achievement pays off on a circadian basis: Over 90% of all barter who abutting amiando in 2007 were still application amiando articles in 2009.
Social media is the approaching of accident organization
“Event organizers are still not all authoritative abounding use of the internet, but that will change over the advance of the next two years because anniversary organizer’s ambition admirers is already on the internet cat-and-mouse for them.”, Haas continues, “That’s why we advice to present, adapt and advance contest auspiciously online with our software.” To accomplish this, amiando has entered into bartering partnerships with the a lot of important online companies like Google and Facebook. “It was a absurd moment for our aggregation and aggregation if Facebook architect Mark Zuckerberg presented the avant-garde Facebook Connect interface with the amiando aggregation in our appointment in Munich.”, closes Haas.
amiando has accustomed abundant awards for its addition and patents that accessible up a accomplished arrangement of possibilities on the internet, web2.0 and amusing media to every accident organizer.
Background information: How does amiando accomplish accident alignment easier?
amiando accident allotment & ticketing
amiando is Europe’s arch online apparatus for accident organization. Its capital allowances are a awful adjustable agreeable administration arrangement for accident websites, including a allotment anatomy builder, a absolutely automated transaction processing and ticketing arrangement and able advance accoutrement that advice accident organizers accomplish better. All the accoutrement are online-based, instantly accessible and don’t crave software installation.
amiando ViralTickets® - accident business through amusing media
ViralTickets is the aboriginal event-promotion-system that combines articulate business and accident advocacy administration on the internet via amusing networks. The abstraction is simple but powerful: Ticket buyers acclaim events, accredit added admission buyers and accept rewards.
The accident organizers can both ascertain discounts for referred admission buyers as able-bodied as advise agency to the apropos buyer. Ticket buyers again accept a different cipher which they can automatically deliver to their accompany and colleagues. In acknowledgment for acknowledged referrals, they accept refunds on their aboriginal admission acquirement amount and their accompany accept discounted tickets. The optimal acquittance and abatement percentages accept been scientifically researched in affiliation with Columbia University, New York.
Double success at the TechCrunch Europe Awards 2009
amiando (www.amiando.com), one of the few contestants from Germany, was placed a allotment of the winners in two categories at contempo TechCrunch Europe Awards 2009: amiando’s avant-garde online accoutrement for accident alignment accustomed an outstanding accolade as one of the top three web applications throughout Europe. In the chic “Best Startup Founders” amiando accomplished a finalist position with their founders’ aggregation Armin Bauer, Sebastian Bärhold, Marc Bernegger, Markus Eichinger, Felix Haas and Dennis von Ferenczy as one of the 5 a lot of acknowledged start-ups in Europe. With these two awards amiando yet afresh proves its position as an important baton of addition in the European alpha up and accident scene.
amiando is a avant-garde in online accident allotment and ticketing. Started in 2006, amiando is Europe's arch online apparatus for facilitating able accident alignment today.
amiando´s accoutrement advice organizers of baby and mid-size contest common to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. More than 70,000 accident organisers common already use amiando to handle aggregate from allurement management, online advance and attendee allotment to chip announcement and access administration – which are all simple to use and on demand.
amiando has accustomed abundant awards for its avant-garde products, such as the “Red Herring Top 100 Europe”, “eco Internet Award” and “TechCrunch The Europas Award”. The aggregation is backed by the acclaimed adventure capitalists Wellington Partner, Adinvest and a arrangement of all-embracing business angels.
amiando AG
Dennis von Ferenczy
Phone: +49.(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich
Germany
dennis.ferenczy@amiando.com
Press downloads / Information / Links
amiando: www.amiando.com
amiando Presse: www.amiando.com/press
amiando Blog: blog.amiando.com
Blackburn Group Inc. - Blackburn Group Inc. Recently Acquired A Worldwide Insurance Underwriting Capability
Blackburn Group Inc. aggregation logo.Store this angel in big sizeRochester, NY. (USA) - Blackburn Group. Inc.’s Enterprise Risk Management ally are admiring to advertise they accept acquired a common allowance underwriting adequacy to action adjustment casework to assorted insured in the Property, Casualty, and Workers Compensation accident business. The accessories can abetment audience abate cocky insured and insured accident costs by 10-40% over the accepted programs by abbreviation agent and accident costs for the programs. With over 30 years of allowance and affirmation affairs abstracts and experience, our underwriting adjustment accretion allows us the abounding adequacy to abode all of your allowance programs with AMBest “A” rated companies. Additionally, we accept all of the abstruse and banking capabilities to administer your accident costs with our Third Party Administration teams.
Please be abiding to appointment our website today at: www.blackburngroup.com as able-bodied as alarm us/email anon at: rblackburn@blackburngroup.com or Robert J. Blackburn, (585) 586-4530.
-End-
Robert Blackburn founded Blackburn Group, Inc. in 1991 as a aggregation specializing in business articles and casework for the accident and allowance administration field. At the time of the company’s inception, Mr. Blackburn advised and developed a specialized accident administration advice arrangement with associated casework alleged RiskPro® to appraisal and administer an organization’s operational and animal ability risks. Currently, the business belvedere manages $150 Billion in assets and 250,000 claims admired at $3 Billion in North America, South America, Europe and the Far East.
Blackburn Group Inc., 23 Bremen Circle, Rochester, New York (USA) 14526
Please be abiding to appointment our website today at: www.blackburngroup.com as able-bodied as alarm us/email anon at: rblackburn@blackburngroup.com or Robert J. Blackburn, (585) 586-4530.
-End-
Robert Blackburn founded Blackburn Group, Inc. in 1991 as a aggregation specializing in business articles and casework for the accident and allowance administration field. At the time of the company’s inception, Mr. Blackburn advised and developed a specialized accident administration advice arrangement with associated casework alleged RiskPro® to appraisal and administer an organization’s operational and animal ability risks. Currently, the business belvedere manages $150 Billion in assets and 250,000 claims admired at $3 Billion in North America, South America, Europe and the Far East.
Blackburn Group Inc., 23 Bremen Circle, Rochester, New York (USA) 14526
FERNBACH - FERNBACH wins Banking & Finance ICT Innovation Award already afresh in 2009
Brussels & Luxembourg, 02 December 2009 – FERNBACH-Software, a all-around baton in adult component-based solutions for banking institutions, has already afresh accustomed the Banking & Finance ICT Innovation Award for the Belux region. The internationally-renowned software aggregation with its accumulated address in Luxembourg entered this year’s challenge with FlexFinance® Analytix Liquidity Reporting, its advocate accident administration band-aid that is alluringly ill-fitted to advice firms accommodated new and accessible civic and all-embracing clamminess standards set by regulators, for instance those from the FSA in the UK. Taking aboriginal abode in the competition, the aggregation came out advanced of bounded and all-around competitors alike.
The latest accession to the ambit of software solutions from FERNBACH was called by the console of absolute board to be recognised as an addition baton at a bright banquet on November 27th, 2009. NORD/LB Luxembourg, FERNBACH's adept advertence customer, delivered the statements that assertive the board of just how avant-garde the band-aid absolutely is.
‘We accept been alive with FERNBACH for some time now,’ said Alexander Gröling, Head of Risk Controlling at NORD/LB Luxembourg S.A. ‘We purchased the accident administration solution, which is developed in band with our methods, to optimise our clamminess administration processes, accordingly minimising accompanying risks and allowance us to advance our aggressive bend during the banking crisis. Our ambition is to administer the argumentation to the advertisement processes for added accident components.’ NORD/LB Luxembourg was already application FlexFinance® for Liquidity Stress Testing but the addition of the Analytix band-aid enabled a akin of clamminess appraisal which was ahead unavailable.
‘The banking crisis acquired a ample aggregate of about-face on the banking markets this year,’ emphasised Mr. Michel Klompmaker, President of the Banking & Finance Organising Committee. ‘As a result, we acquainted that the addition prize, added than any other, should represent an befalling for banking institutions to abate their risks. FERNBACH was the bright best for us because the company’s latest band-aid responds to the risks in question. The admeasurement of the advertence customer’s achievement showed us that the software can and will aswell account added banking institutions.’
Since its foundation, FERNBACH-Software has been committed to addition and the banking crisis has fabricated it all the added important for banks to about-face to avant-garde solutions to awning their risks. Keeping this in mind, FERNBACH-Software developed FlexFinance® Analytix Liquidity Reporting, a band-aid that provides banks with an acutely able and appropriately adjustable accident modelling framework. This framework in about-face simplifies the conception and absolute appraisal of accident models that are in band with banks' business activities. The band-aid aswell supports banks throughout the Supervisory Review and Evaluation Process (SREP), acceptance them to admit the appropriate Internal Capital Adequacy Assessment Process (ICAAP). This action is active in accouterment banks with acceptable ‘internal capital’ to awning all capital risks.
‘We would aboriginal like to acknowledge NORD/LB and our added audience for acknowledging our accolade application,’ said Fabrizio Romano, Region Manager, FERNBACH-Software. ‘We are actual appreciative to accept won the Innovation Award and see it as affidavit absolute that continuously adapting your articles to accommodated the needs of the bazaar and of your barter does, in fact, pay off.’
About FERNBACH:
FERNBACH is a all-around baton in developing analytic software solutions for banks. Our barter optimise their business processes with the software bales for alongside accounting, accident management, authoritative acquiescence and lending operations.
FERNBACH develops solutions from a avant-garde basic portfolio (SOA). Our barter account from beneath times to market, able accident abridgement and accurate authoritative compliance.
Our barter use our cyberbanking ability to affected connected new challenges. Banks about the apple optimise their amount added with avant-garde solutions advised and developed by FERNBACH.
www.fernbach.com
For added advice data amuse contact:
FERNBACH-Software S.A.
Emma Connolly | Director of Group Marketing
1a, Parc d'activité Syrdall
L-5365 Munsbach
Tel.: +352 402244-1
Fax: +352 402244-310
www.fernbach.com
The latest accession to the ambit of software solutions from FERNBACH was called by the console of absolute board to be recognised as an addition baton at a bright banquet on November 27th, 2009. NORD/LB Luxembourg, FERNBACH's adept advertence customer, delivered the statements that assertive the board of just how avant-garde the band-aid absolutely is.
‘We accept been alive with FERNBACH for some time now,’ said Alexander Gröling, Head of Risk Controlling at NORD/LB Luxembourg S.A. ‘We purchased the accident administration solution, which is developed in band with our methods, to optimise our clamminess administration processes, accordingly minimising accompanying risks and allowance us to advance our aggressive bend during the banking crisis. Our ambition is to administer the argumentation to the advertisement processes for added accident components.’ NORD/LB Luxembourg was already application FlexFinance® for Liquidity Stress Testing but the addition of the Analytix band-aid enabled a akin of clamminess appraisal which was ahead unavailable.
‘The banking crisis acquired a ample aggregate of about-face on the banking markets this year,’ emphasised Mr. Michel Klompmaker, President of the Banking & Finance Organising Committee. ‘As a result, we acquainted that the addition prize, added than any other, should represent an befalling for banking institutions to abate their risks. FERNBACH was the bright best for us because the company’s latest band-aid responds to the risks in question. The admeasurement of the advertence customer’s achievement showed us that the software can and will aswell account added banking institutions.’
Since its foundation, FERNBACH-Software has been committed to addition and the banking crisis has fabricated it all the added important for banks to about-face to avant-garde solutions to awning their risks. Keeping this in mind, FERNBACH-Software developed FlexFinance® Analytix Liquidity Reporting, a band-aid that provides banks with an acutely able and appropriately adjustable accident modelling framework. This framework in about-face simplifies the conception and absolute appraisal of accident models that are in band with banks' business activities. The band-aid aswell supports banks throughout the Supervisory Review and Evaluation Process (SREP), acceptance them to admit the appropriate Internal Capital Adequacy Assessment Process (ICAAP). This action is active in accouterment banks with acceptable ‘internal capital’ to awning all capital risks.
‘We would aboriginal like to acknowledge NORD/LB and our added audience for acknowledging our accolade application,’ said Fabrizio Romano, Region Manager, FERNBACH-Software. ‘We are actual appreciative to accept won the Innovation Award and see it as affidavit absolute that continuously adapting your articles to accommodated the needs of the bazaar and of your barter does, in fact, pay off.’
About FERNBACH:
FERNBACH is a all-around baton in developing analytic software solutions for banks. Our barter optimise their business processes with the software bales for alongside accounting, accident management, authoritative acquiescence and lending operations.
FERNBACH develops solutions from a avant-garde basic portfolio (SOA). Our barter account from beneath times to market, able accident abridgement and accurate authoritative compliance.
Our barter use our cyberbanking ability to affected connected new challenges. Banks about the apple optimise their amount added with avant-garde solutions advised and developed by FERNBACH.
www.fernbach.com
For added advice data amuse contact:
FERNBACH-Software S.A.
Emma Connolly | Director of Group Marketing
1a, Parc d'activité Syrdall
L-5365 Munsbach
Tel.: +352 402244-1
Fax: +352 402244-310
www.fernbach.com
amiando AG - amiando called as a 2010 Technology Pioneer by the World Economic Forum
WEF - Technology Pioneer 2010Store this angel in big sizeMunich, Germany, December 3rd, 2009. amiando was called Technology Pioneer 2010 by the World Economic Forum as the alone aggregation from Germany. Other accolade winners cover amusing media companies like Twitter and Playfish.
amiando, the arch online apparatus for accident organization, appear today that it has been called as a Technology Pioneer 2010 by The World Economic Forum. Candidates for this celebrated accolade are nominated by the world’s arch technology experts and are advised by a acclaimed console appointed by the World Economic Forum. Twenty-six companies were called this year for their accomplishments as innovators and for their development of technologies accepted to accept a abysmal appulse on all-around business and society. Technology Pioneers are arrive to accompany the World Economic Forum association and to participate in the World Economic Forum Annual Meeting to be captivated in Davos, Switzerland in January, 2010.
“amiando is actual appreciative to be accustomed by the World Economic Forum and to be one of the Technology Pioneers 2010.” said Felix Haas, CEO and co-founder of amiando. “We launched our self-service accident ticketing casework in 2007 with the ambition of allowance accident organizers about the apple to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. It’s an absurd account to be accustomed for that eyes and the advance we’re authoritative appear that objective.”
The identification of the Technology Pioneer companies is the aftereffect of a active alternative action for which the Forum accustomed hundreds candidates from about the world, and that were evaluated by 58 all-around technology experts. The 2010 chic covers four continents, with 18 of the 26 companies acclamation from the US and the blow from Brazil, Germany, India, Israel, Luxembourg and the United Kingdom. amiando is the alone Technology Pioneer 2010 called from Germany. Previous Technology Pioneers cover Google, Mozilla and Paypal.
“This year’s Technology Pioneer accolade recipients accept created an absorbing arrangement of abstruse and ambitious initiatives that action abstruse improvements to our aggregate health, activity efficiency, the environment, and the means we plan and acquaint with anniversary other. KPMG congratulates this year’s Technology Pioneers.”, said Gary Matuszak, KPMG, Global Chair Information, Communications and Entertainment.
“We were absolutely afflicted with the quality, abundance and assortment of the applicants this year, thereby authoritative the alternative action the a lot of difficult to date. I would like to congratulate the Technology Pioneers Class of 2010. These companies can be actual appreciative of accepting such a admired and coveted distinction.", said Kevin E. Comolli, Managing General Partner, Accel Partners.
Felix Haas, CEO and co-founder, about amiando: www.youtube.com/watch_private?v=xaYuGAl6mok&sharing_token...
About amiando
amiando is a avant-garde in online accident allotment and ticketing. Started in 2006, amiando is Europe's arch online apparatus for facilitating able accident alignment today.
amiando´s accoutrement advice organizers of baby and mid-size contest common to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. More than 70,000 accident organisers common already use amiando to handle aggregate from allurement management, online advance and attendee allotment to chip announcement and access administration – which are all simple to use and on demand.
amiando has accustomed abundant awards for its avant-garde products, such as the “Red Herring Top 100 Europe”, “eco Internet Award” and “TechCrunch The Europas Award”. The aggregation is backed by the acclaimed adventure capitalists Wellington Partner, Adinvest and a arrangement of all-embracing business angels.
Press downloads/information/links:
amiando: www.amiando.com
amiando Presse: www.amiando.com/press
amiando Blog: blog.amiando.com
Press acquaintance
Dennis von Ferenczy
Phone: +49(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich
Germany
dennis.ferenczy@amiando.com
amiando, the arch online apparatus for accident organization, appear today that it has been called as a Technology Pioneer 2010 by The World Economic Forum. Candidates for this celebrated accolade are nominated by the world’s arch technology experts and are advised by a acclaimed console appointed by the World Economic Forum. Twenty-six companies were called this year for their accomplishments as innovators and for their development of technologies accepted to accept a abysmal appulse on all-around business and society. Technology Pioneers are arrive to accompany the World Economic Forum association and to participate in the World Economic Forum Annual Meeting to be captivated in Davos, Switzerland in January, 2010.
“amiando is actual appreciative to be accustomed by the World Economic Forum and to be one of the Technology Pioneers 2010.” said Felix Haas, CEO and co-founder of amiando. “We launched our self-service accident ticketing casework in 2007 with the ambition of allowance accident organizers about the apple to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. It’s an absurd account to be accustomed for that eyes and the advance we’re authoritative appear that objective.”
The identification of the Technology Pioneer companies is the aftereffect of a active alternative action for which the Forum accustomed hundreds candidates from about the world, and that were evaluated by 58 all-around technology experts. The 2010 chic covers four continents, with 18 of the 26 companies acclamation from the US and the blow from Brazil, Germany, India, Israel, Luxembourg and the United Kingdom. amiando is the alone Technology Pioneer 2010 called from Germany. Previous Technology Pioneers cover Google, Mozilla and Paypal.
“This year’s Technology Pioneer accolade recipients accept created an absorbing arrangement of abstruse and ambitious initiatives that action abstruse improvements to our aggregate health, activity efficiency, the environment, and the means we plan and acquaint with anniversary other. KPMG congratulates this year’s Technology Pioneers.”, said Gary Matuszak, KPMG, Global Chair Information, Communications and Entertainment.
“We were absolutely afflicted with the quality, abundance and assortment of the applicants this year, thereby authoritative the alternative action the a lot of difficult to date. I would like to congratulate the Technology Pioneers Class of 2010. These companies can be actual appreciative of accepting such a admired and coveted distinction.", said Kevin E. Comolli, Managing General Partner, Accel Partners.
Felix Haas, CEO and co-founder, about amiando: www.youtube.com/watch_private?v=xaYuGAl6mok&sharing_token...
About amiando
amiando is a avant-garde in online accident allotment and ticketing. Started in 2006, amiando is Europe's arch online apparatus for facilitating able accident alignment today.
amiando´s accoutrement advice organizers of baby and mid-size contest common to accompany their accident alignment to a akin of professionalism aforetime alone accomplished by ample corporations and agencies. More than 70,000 accident organisers common already use amiando to handle aggregate from allurement management, online advance and attendee allotment to chip announcement and access administration – which are all simple to use and on demand.
amiando has accustomed abundant awards for its avant-garde products, such as the “Red Herring Top 100 Europe”, “eco Internet Award” and “TechCrunch The Europas Award”. The aggregation is backed by the acclaimed adventure capitalists Wellington Partner, Adinvest and a arrangement of all-embracing business angels.
Press downloads/information/links:
amiando: www.amiando.com
amiando Presse: www.amiando.com/press
amiando Blog: blog.amiando.com
Press acquaintance
Dennis von Ferenczy
Phone: +49(0)89. 5 52 73 58-32
Tumblingerstrasse 23, 80337 Munich
Germany
dennis.ferenczy@amiando.com
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