22 February 2018
Visit www.capgemini.com/worldreports

FirstRand selects Fiserv KRM technology

24 June 2009  |  4435 views  |  0 Source: Fiserv

Fiserv (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that FirstRand Banking Group, one of South Africa's largest financial institutions, has selected the Fiserv KRM solution to enhance its risk management processes in asset/liability management (A/LM), liquidity and funds transfer pricing to replace its existing legacy application.

"Fiserv has extensive knowledge and expertise in this industry and has a strong reputation for delivering on time and on budget. This is why Fiserv KRM was the obvious choice," said Jaco van der Walt, head of macro portfolio management at FirstRand.

Fiserv KRM enables the bank to assess risk on an integrated basis across A/LM, liquidity and credit, and it breaks the traditional paradigm that views risk in silos. This fits comfortably with FirstRand's integrated approach to balance-sheet management.

 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukVisit www.vasco.comVisit http://info.nice.com

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10332 views comments | 15 tweets | 13 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8578 views comments | 13 tweets | 12 linkedin
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
8324 views comments | 13 tweets | 6 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
7373 views 3 | 7 tweets | 1 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7308 views comments | 8 tweets | 12 linkedin