25 September 2017
Find out more

IQ Financial establishes credit risk centre in Singapore

30 June 2000  |  2261 views  |  0 IQ Financial establishes credit risk centre in Singapore

IQ Financial Systems has established a Credit Risk Competence Centre in Singapore with the support of the Economic Development Board (EDB).

"The new Risk Competence Centre, which is a first of its kind in Singapore, will spearhead our credit risk software activities in the Asia-Pacific region," says Corinne Neale, managing director of IQ Financial Systems, Singapore. "The credit risk market is undergoing significant changes under the joint pressure of the Basel Committee and the growth of Internet services. Singapore was the ideal location for this centre thanks to its strong technology, academic infrastructure, and its cost base."

The company has several major Asian institutions using its Default Filter credit risk calculator, and plans to release a number of new initiatives through the Centre this year. These include: making Default Filter available through the Internet; creating a risk visualisation module; and introducing extended reference databases and macroeconomic modules.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

CSFB implements Loan IQ commercial lending system

CSFB implements Loan IQ commercial lending system

26 June 2000  |  2746 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.capgemini.comvisit www.sibos.com

Top topics

Most viewed Most shared
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
11282 views comments | 15 tweets | 30 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
9035 views comments | 16 tweets | 1 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8850 views comments | 19 tweets | 27 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
8545 views comments | 34 tweets | 46 linkedin
hands typing furiouslyBlockchain is a new way of thinking?
7144 views 2 | 10 tweets | 1 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job