Ready-made standard software packages (“buy”) always have to be adapted to the bank’s structure. In development projects, however, functions are often developed (“make”) which are already available on the market. There is a third option that helps to achieve the objectives, e.g. process optimisation, short project times and investment security by combining the advantages of both strategies. FERNBACH calls this model “buy AND make”.

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Meet FERNBACH at the Conference "Integrated financial architecture for banks" in Wiesbaden

FERNBACH will present a paper entitled “Components of an integrated financial architecture" at the conference. Thorsten Frese, Product Director Risk, will highlight solution scenarios for small and medium-sized banks and deal with the assurance of data integrity for IFRS9 and Basel III. Examples and case studies will be shown using international subsidiaries and branches.

The IQPC symposium brings together business and IT experts and addresses the following topics: integrated financial architectures, regulatory news and their effects on reporting, controlling and the overall process and system landscape as well as uniform ratios, reporting and measuring instruments for the entire company.