Fernbach-Software, a leading provider of banking software solutions in the field of Enterprise-wide Value and Risk Management, and conunit GmbH, a consulting firm specialised in Business Intelligence and Corporate Performance Management, have formed a strategic partnership to market and implement professional bank controlling solutions.
FlexFinance Controlling, made by FERNBACH-Software, provides a comprehensive solution for the operational controlling of banks and financial service providers and contains a complete range of facilities in the fields of cost and profit accounting, profit centre accounting, budgeting and balance sheet planning. FlexFinance Controlling has been integrated into the architecture of the FlexFinance product line for bank management.
conunit has a broad-based experience in the design and implementation of planning, reporting, controlling and analytical applications. By combining business and methodical know-how with a profound experience in the development of modern information technologies, the conunit consultants have done away with the 'traditional division' between functional design and subsequent implementation, thus engineering tailor-made solutions which are amortised for their customers within a short time. conunit intends to continue living up to this standard in its close co-operation with FERNBACH-Software in future.
FERNBACH-Software and conunit will combine their skills so that conunit will act as an important partner for implementing FlexFinance Controlling while developing and implementing, together with FERNBACH-Software, individual planning and management reporting solutions for FERNBACH customers. Hence, FERNBACH-Software and conunit jointly cover all the requirements of operational financial controlling entirely with maximum benefit for customers.
Paul Rothenberger, Board Member at FERNBACH-Software AG, said: "The partnership combines the strong points of FlexFinance Controlling with conunit's business know-how and years of experience in implementing bank controlling solutions. Financial institutions will receive a core planning and controlling system with long-term support services which provides all the technological and methodical bases needed for banks to control, adapt and react in the best possible manner."
"FlexFinance Controlling is aa pioneering solution for reliable, integrated and profit-oriented bank management. Judging from both operational and strategic aspects, FERNBACH's FlexFinance Controlling provides all the technological and methodical basis conducive to an efficient bank controlling system. We are pleased to be able to use our vast experience from numerous projects in order to give comprehensive support to banks in implementing this solution and thus offer customers a package of high-performance services and functions," said Jörg Uwer, Managing Director at conunit.