FinArch - Articles and news items
News, Treasury news / 15 January 2013 / Wolters Kluwer Financial Services
Wolters Kluwer Financial Services, a leading worldwide provider of comprehensive risk management, compliance, finance and audit solutions for the financial services industry, today announced that its FinArch finance, risk and performance measurement products and its FRSGlobal financial risk and regulatory reporting products will now go to market under the company brand, Wolters Kluwer Financial Services. (more…)
News / 16 July 2012 /
Wolters Kluwer Financial Services, a leading worldwide provider of comprehensive risk management, compliance and audit solutions for the financial services industry, today announced the acquisition of FinArch, a leading provider of integrated finance, risk and performance measurement solutions that enable financial institutions to manage, measure and report all financial activities.
May 2012 / 8 May 2012 /
In the words of Jaime Caruana, General Manager of the Bank for International Settlements, “the new standards are tough and they are meant to be…” The implementation of Basel III will be a significant hurdle for banks and financial institutions. It also has implications for Corporate Treasurers. FX-MM asked Nigel Lee, Chief Commercial Officer at FinArch, for his views on the wider implications of Basel III.
FX-MM: Please summarise the key measures that will come in with Basel III
Lee: The Basel III Framework has been designed to enable banks and financial institutions to better manage risk in a response to the deficiencies exposed by the financial crisis. Fundamentally, the Basel III rules are designed to strengthen the resilience of the global financial system. In sum, Basel III: (more…)
Banking news, News / 13 March 2012 / FinArch
FinArch, an international market leader in integrated finance and risk solutions for the financial services industry, announced today that Sterling Bank is implementing its Sub Ledger and IFRS solution, jointly with its local partner Blueprint Business Technologies (BBT). (more…)
October 2010, Past issues / 20 October 2010 / Nancy Masschelein, Head of Risk and Capital Management. FinArch
FinArch is a market leader in integrated Risk and Finance solutions. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, address your questions.
August 2010 / 16 August 2010 / FX-MM
FinArch is a market leader in integrated Risk and Finance solutions. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, and Chief Commercial Officer, Nigel Lee, address your questions on managing liquidity in an integrated risk return management framework.
Nancy Masschelein: The recent crisis has demonstrated the need for a solid liquidity risk measurement and management system. In fact, this should be central to a bank’s integrated risk management framework. Such a framework should provide them with a common data architecture in which to store, manage and enrich data from all parts of the business. This common data architecture is essential if banks wish to maximise their return. In this respect, we should even speak of a common uniform ‘risk return measurement framework’. Central to the framework should be the calculation of not only liquidity risk, but also other risk types such as credit risk, market risk, operational risk…. It should even move beyond that: a solid framework should support both regulatory and internal risk calculations, such as Economic Capital calculations. And, in order to be fully efficient, the measurement of liquidity risk and other all risks is should be supported by a uniform Cash Flow Engine and a Fair Value Engine.
April 2010 / 17 April 2010 / FX-MM
FinArch is a market leader in integrated Risk and Finance solutions for the finance industry. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, and Chief Commercial Officer, Nigel Lee, answer your questions on ensuring a sound liquidity risk framework.
February 2010 / 22 February 2010 / FX-MM
Liquidity risk management strategies will have to be reviewed and upgraded to comply with the incoming, mandatory, additional reporting requirements from the UK’s Financial Services Authority (FSA), as well as increased stress testing and reporting tools.