China Construction Bank has rolled out market risk management technology from Fiserv across its operations in Hong Kong and Macau.
China Construction Bank (Asia), with 36 branches in Hong Kong and Macau, says it deployed the Fiserv KRM system to provide analytical and reporting support for its market risk strategies.
The vendor says KRM, used to manage credit, interest-rate and market risk, will help the bank to measure market exposures to determine limit compliance, develop mitigation strategies, allocate regulatory capital and evaluate market returns.
Michael Leung, CIO, CCB (Asia), says: "Managing market risk accurately and in a timely manner is becoming more complex as financial instruments, trading methods and corporate structures continue to change. KRM's integrated tools and multiple methodologies will help us analyse and control market risk more efficiently for trading and non-trading products."