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.
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