19 August 2017
Find out more

Eurohypo to track risks with Fermat

23 May 2003  |  3747 views  |  0 Eurohypo to track risks with Fermat

German mortgage consortium Eurohypo is to use Paris-based Fermat's risk management suite to address both normative (Basel II, IAS) and economic risk measurement (ALM, global credit risk monitoring).

The package was sold to Eurohypo - formed in 2002 from the merger of Deutsche Bank, Dresdner Bank and Commerzbank's real estate and public lending subsidiaries - by Ubitrade, Fermat's distributor in Germany.

Hans-Joachim Lübbing, project manager at Eurohypo, says the software will be implemented to handle current and upcoming regulatory and economic requirements.

"We also share Fermat's vision of the financial datamart, which we consider to be the cornerstone of our future risk management platform," he adds. "Another key element was Fermat system's ability to handle large data volumes with high performances."

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

Oddo & Cie selects Ubitrade for derivatives processing

Oddo & Cie selects Ubitrade for derivatives processing

14 May 2003  |  3133 views  |  0 comments
Exane live with Ubitrade for derivatives processing

Exane live with Ubitrade for derivatives processing

17 April 2003  |  2389 views  |  0 comments
Ubitrade replaces CEO Bouillard with Wibaux

Ubitrade replaces CEO Bouillard with Wibaux

28 March 2003  |  3074 views  |  0 comments

Related company news

 

Related company information

Fermat

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8674 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7686 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6928 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6350 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6200 views comments | 11 tweets | 9 linkedin

Featured job

Find your next job