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DVB Bank AG chooses FERNBACH Liquidity Management

06-19-2007 02:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: FERNBACH

DVB Bank AG increases visibility and economics of risk management processes with FERNBACH Liquidity Management

Frankfurt and Luxembourg, 19 June 2007 – International transport finance specialist DVB Bank AG (DVB) has deployed a liquidity solution from FERNBACH-Software to enhance its risk management decision-making processes.

FERNBACH is a leading provider of Enterprise-wide Value and Risk Management and liquidity management software solutions. The company’s flagship product, FlexFinance® Liquidity, enables financial organisations and banks to quantify liquidity risks and predict their impact on operations.

The FERNBACH solution has been chosen by DVB located in Frankfurt/Main, Germany. The software was selected after a detailed review which concluded that FERNBACH Liquidity Management offered several benefits which competitive products could not. One of the leading reasons for the choice was the methodology underlying the FERNBACH software, which has wide approval from regulators and that ensures the implementation of a set of stringent regulations imposed by the banking supervisors.

The minimum requirements for risk management (MaRisk), the German regulations for implementing the second pillar of Basel II, stipulate that financial institutions must have a comprehensive and fully developed liquidity risk management strategy in place. FlexFinance® Liquidity provides users with a thorough overall view of the entire liquidity situation as well as high data transparency down to the level of individual cash flows.

By installing the FERNBACH Data Management Suite, DVB’s deal data are consolidated in one system and thus data quality and transparency for determining market and liquidity risks are considerably improved. In this way, reconciliation work for the data set is minimised. The system can be easily integrated into the infrastructure of the IT environment and generates prompt results.

All relevant operational systems of DVB including SAP Loan Management are linked into the Data Management Suite via FERNBACH’s standard interface. The FlexFinance® import layers are contained in the standard scope of delivery.

Martin Kinzel, Head of Controlling for DVB, described the reasons for the company’s decision, “After reviewing and analysing potential providers of liquidity management solutions, we opted for FERNBACH’s FlexFinance® Liquidity as we knew it would provide us with proven and consistent methods for dealing with the liquidity risk. Other capabilities which helped us identify this as the superior solution included the flexible simulation and presentation of risks, market parameters and hypothetical deals.”

Robert Fiedler, head of Strategic Product Management for FERNBACH-Software S.A., said, “FlexFinance® Liquidity allows DVB to quantify potential liquidity risks on the basis of various market and balance sheet scenarios. It will also allow DVB to consistently measure its counter-balancing capacity, (its ability to compensate for potential liquidity squeezes), and compare it to the liquidity risk. At the end of the day DVB now complies with the regulatory requirements for risk management – economically.”

FlexFinance® Liquidity is the latest product in the FERNBACH Enterprise-wide Value and Risk Management product range. It provides a realistic estimation of the future liquidity situation based on a consistent solvency management method as well as illustrating predictable developments and improbable results in various scenarios. It is essential to recognise any future liquidity squeezes; the risk involved can only be estimated when the bank’s capacity to bear this risk, as in FlexFinance® Liquidity, is counter-balanced against the risk. FlexFinance® Liquidity provides risk managers with the input parameters required for the correct estimate of counter-balancing capacity, thus assisting decisions on business policy. The methodology and first-class data quality, which characterises FlexFinance® Liquidity, prevent overcautious liquidity stockpiling and the related increase in funding costs.

The FERNBACH FlexFinance® Liquidity Solution, with its consistent, transparent basis for decision making combined with reproducible results, enables the DVB to wind up their processes in a flexible and reliable manner.


FERNBACH has developed a solution offering called FlexFinance® which is based upon a sophisticated methodology called EVRM. EVRM is a vision and a solution for the integration of risk management, risk and regulatory requirements, balance sheet reporting and controlling within financial institutions.

The EVRM methodology is built upon a meta level data repository which collects all data from the banking and trading books and stores this centrally while simultaneously standardising and enriching the data. This centralised meta repository of financial transactions guarantees single calculation of all financial ratios ensuring perfect alignment and reconciliation so that the data can be used for purposes such as Basel II, IAS/IFRS (Multi-GAAP), Liquidity, Controlling, Regulatory Reporting, etc. The entire process is transparent and fully auditable as uniquely the data can be traced back to the deal level. This advanced approach also enables the bank to cost-effectively implement new requirements as they occur such as ECAP.

For more details please contact:

FERNBACH-Software S.A.
Emma Connolly
Head of Group Marketing
1a, Parc d´activité Syrdall
L- 5365 Munsbach

Tel.: +352 / 40 22 44 1
Fax.: +352 / 40 22 44 310

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