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...