The Luxembourg office of Bayerische Landesbank International is to standardise on Midas-Kapiti International's DBA3 solution to support its lending business in Europe.
DBA3's new PC-based Windows NT application provide front-end support for loan and credit risk management and are major components of the bank's planned upgrade, says the vendor.
The bank is a long-standing user of MKI's Midas system, which is used throughout its international branch network. BLI in Luxembourg now operates as a regional hub, providing data processing services for the bank's subsidiary companies in the region, as well as its international branches in Milan, Paris and Prague.
The new version of Midas, together with the loan manager and credit risk management front-end is also being implemented in New York.