Mandates and payments roundup, October 11

Krung Thai Bank, Kasikornbank and OceanBank implement new risk and payment solutions, while JCBI opens its first office in the Middle East.

Thai banks implement new solutions

Thailand’s Krung Thai Bank has selected an asset and liability, market risk, interest rate risk, foreign exchange risk and daily bank-wide liquidity risk management solution from global technology company Fiserv.

“The Fiserv solution will help Krung Thai Bank execute stress testing for all risks across the full spectrum from possible to likely to probable,” said John Filby, president of risk and compliance at Fiserv. “Robust stress testing requires well-informed management, defined risk tolerances, complemented by solutions that enable advanced enterprise risk modelling.”

In addition, Kasikornbank has implemented a unified teller solution from Kiva Group. The solution, Respect 7, will...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222