Fernbach has announced that DVB Bank has opted for its FlexFinance Liquidity solution. This will enable DVB to implement risk management and profitability management processes that meet the minimum requirements for risk management (MaRisk) and hence the requirements laid out in the second pillar of the Basel Accord on Capital Measurement and Standards (Basel II). The solution will be installed in the bank’s headquarters in Frankfurt. The module will support DVB in measuring, monitoring and controlling liquidity risks. The solution provides a consistent view of a bank’s entire liquidity situation, as stipulated by the Basel II agreement, while complying with market standards for quantifying and limiting liquidity risks. Furthermore, it optimises the possibilities for ensuring liquidity, which should result in a favourable and stable funding basis for the 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