Leading Finnish bank installs major upgrade of credit risk limits management system. This is one of the first implementations of GM/RV R2.2, the latest version of MKIRisk’s market-leading solution for integrated management of limits, exposure calculation and reporting across treasury, corporate and retail business lines. The enhanced multi-processor support offered by GM/RV R2.2 has enabled Leonia Bank to obtain significant performance improvements in processing large numbers of accounts and related limits. The bank, which already uses GM/RV to control the risk related to head office business, is now rolling out workstations to 22 corporate branches as well as several sales offices. ‘The improvement in close-of-day processing has been exceptional. We are now starting to take advantage of the new features in the upgraded version, such as pre-deal checking,’ said Jukka Maenpää, deputy general manager of credit risk management of Leonia Bank.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more