20 May 2018
https://www.avoka.com

FirstRand selects Fiserv KRM technology

24 June 2009  |  4489 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 http://go.jumio.com/finextraAdVisit iliad-solutions.com/

Top topics

Most viewed Most shared
Ripple moves to build ecosystem around XRPRipple moves to build ecosystem around XRP
9634 views comments | 5 tweets | 7 linkedin
IT implications and the need to pivotIT implications and the need to pivot
9486 views comments | 2 linkedin
HSBC claims blockchain breakthrough for trade financeHSBC claims blockchain breakthrough for tr...
9353 views comments | 14 tweets | 16 linkedin
Irish bank caught in social media spying stormIrish bank caught in social media spying s...
8085 views comments | 25 tweets | 16 linkedin
Former JPMorgan blockchain leads unveil new startupFormer JPMorgan blockchain leads unveil ne...
7276 views comments | 2 tweets | 2 linkedin

Featured job

Find your next job