FinArch, a provider of integrated risk and finance solutions for the financial services industry, has released Financial Studio 4.0, a software product that integrates risk, finance and compliance. With this new release, FinArch’s finance resource planning (FRP) platform contains new features and product enhancements which provide an upgraded user experience, improved calculative and reporting capabilities, which will make it easier for banks to leverage the platform to meet their strategic, operational and regulatory objectives.
“Financial institutions are in need of strategic software solutions that enhance transparency across business and technology silos. Counting the largest banks in the world amongst its client base, FinArch meets this unique need,” said Joe Pagano, managing director, banking and capital markets, worldwide financial services, Microsoft. “FinArch continues to invest in its software, people and clients. Financial Studio 4.0 represents the most recent example of how banks can benefit from FinArch’s ongoing investments to obtain a flexible and user-friendly solution based upon the latest Microsoft technology. And, meanwhile, they solve for today’s complex requirements, including those of Basel III and IFRS. FinArch is a go-to solution provider for any financial institution that needs to meet these regulatory standards.”
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