FERNBACH has been shortlisted for this year’s FStech Awards. These awards stand for excellence and innovation in the UK financial sector in information technology. We entered our new and innovative solution «objects4finance» which convinced the jury. 

FERNBACH has been nominated in the category «Technology Provider of the Year (rest of world)».

Today’s impairment requirements present financial institutions with specific challenges for recognising, calculating, posting and reporting loan loss provisioning and impaired assets.

The FlexFinance Impairment solution covers the entire process chain for all impairment approaches in compliance with IAS39 and IFRS9.

When you use one of the terminals in a bank or make a transfer using online banking facilities, you are quickly given the impression that the banking industry operates on a fully automatic basis. Then you might just ask yourself, what do the roughly 50,000-strongworkforce at Commerzbank or the 250,000 employees at HSBC still do exactly?

The “Initiative Mittelstand” awards the prize “Innovationspreis-IT 2013” (IT Innovation Prize 2013) to companies that develop innovative IT solutions with added value for medium-sized businesses. FERNBACH’s “objects4finance” solution impressed the expert jury in the category “Finance” and received the title BEST OF 2013.

With this title, objects4finance belongs in the top section of more than 4,900 submitted applications.

FERNBACH-Software, a leading international provider of financial software, has formed very strategic partnerships with PT Telkomsigma in Indonesia and Datacell Consult in Ghana.

Both partners are providers of data centre solutions in their respective countries. As well as offering on-premise solutions, they implement the innovative SaaS model (software as a service) and will operate FERNBACH's software in their own computer centres.

Today’s impairment requirements present financial institutions with specific challenges for recognising, calculating, posting and reporting loan loss provisioning and impaired assets.

The FlexFinance Impairment solution covers the entire process chain for all impairment approaches in compliance with IAS39 and IFRS9.

FERNBACH, together with their valued Philippine partner Kris Finsoft, put together an impressive line-up of presentations for all Philippine banks’ representatives under the title “What’s Next for the Bank’s Profitability – Business and Regulatory Challenges” on 23 January 2013 in Manila.

More than 50 attendees from various banks took the opportunity to obtain more information about new regulatory changes and become involved in lively discussions. People who attended were senior and top managers of the departments Treasury, Risk, Compliance and IT. 

The European Banking Authority (EBA) is introducing EU-wide uniform reporting procedure based on the Capital Requirements Regulation (CRR) and the Capital Requirements Directive (CRD IV) which will take effect from 2013.
Even if these regulations will be introduced later than originally planned, why don’t you use this time to prepare effectively for the more demanding requirements. For further details you may visit www.eba.europa.eu

The webinar will give an insight into new requirements, amendments and implementation procedure for financial institutions.

Can you calculate your financing operations so that the latest customer ratings are taken into account? Is a present-value calculation of single transactions possible? Are all the data delivery systems that you need connected to your preliminary costing system?
Updating the preliminary costing procedure does not have to end in a time-consuming project.
We can show you how your own individual preliminary costing process can be devised using ready-made modules and a calculation engine.
 

PT Sigma Cipta Caraka (telkomsigma), a company who provides solutions and services based on ICT (information, communications, technology) launched ARIUM Finance and Risk solution at the end of this year. In collaboration with its strategic partner FERNBACH APAC, telkomsigma, introduced ARIUM Finance and Risk during our executive bankers event: “Meet Up Session”, which was attended by executives from the Indonesian banking industry at J.W. Marriott Hotel on Tuesday 18th December 2012.

FERNBACH with its solution “Liquidity Risk Appliance” was chosen as an award recipient for the 2012 HP-Intel Mission-Critical Innovation Awards competition. This annual programme is a worldwide competition culminating in an exclusive awards celebration on 3 December 2012 in Frankfurt/Main. The independent panel of industry experts and previous winners were impressed with the innovation FERNBACH presented in the BEST NEW APPLICATION category.

On 16 November 2012 FERNBACH joined the IFRS Accounting Forum in Stockholm, Sweden, as an integral partner of the summit under the chairmanship of the University of Edinburgh.

Two representatives from FERNBACH, Dr. Karl Kirchgesser, Head of IFRS, and Michael Meyer, Head of International Sales, were the hosts of one of the round tables.

From 2013, financial institutions in the EU will have to comply with uniform reporting requirements for the first time. All financial institutions will have to submit the same reports to the national regulatory authorities on the same dates. This harmonisation of requirements is the key element of the new reporting regulations. However, further regulations are being developed by the European Banking Authority (EBA).

If you use the payment terminal of a bank or transfer money using e-banking, you could easily assume that the banking industry was fully automated. However, you may then wonder why about 50,000 employees are working for Commerzbank and about 250,000 for HSBC.

The global financial crisis, which began in mid-2007, has revealed significant market failures in the banking system. A key characteristic of the crisis was the inaccurate and ineffective management of liquidity risk.

In response to that, the Basel Committee set up a number of fundamental reforms in the Basel III framework. Basel III introduced new standardised measures and new stress testing techniques for banks’ liquidity risk exposure.

It is time to prepare for the new regulatory challenges in liquidity risk measurement.
This webinar provides an overview of liquidity stress testing approaches within the regulatory framework and shows solutions for liquidity risk measurement.

National and international supervisory authorities are constantly closing the loopholes in the analysis methods for the risks that financial institutions are exposed to. Requirements regarding option-like rights, which are granted for loans to private or corporate customers by banks, are incorporated in the regulations that are currently mandatory or under discussion. The present article depicts the current market situation, the challenges faced in dealing with these rights as well as possible implementation if these rights cannot be mapped or mapped completely in the original systems.

Ziraat Bank Turkey has selected BaNCS from Tata Consultancy Services (TCS) for their foreign affiliates. As a complement to the core banking system FERNBACH delivers the fully integrated IFRS solution.

The European Banking Authority (EBA) is introducing EU-wide uniform reporting procedure based on the Capital Requirements Regulation (CRR) and the Capital Requirements Directive (CRD IV) which will take effect from 2013.
The regulations are to be complied with in all EU member states from
1 January 2013. For further details you may visit www.eba.europa.eu

The webinar will give an insight into new requirements, amendments and implementation procedure for financial institutions.
 

银行业架构网络（BIAN）今日宣布推出最新的1.6版Service Landscape （“SL1.6”），包括17个最新服务领域的定义。这是瑞士信贷、瑞士联合银行（UBS）和荷兰国际集团（ING）等31位BIAN社区成员，第一次看见BIAN模型的实际内容，并将其付诸于实践。BIAN发布了其对银行业面向服务架构（SOA）及其对银行业务的影响的看法的研究结果。74% 的银行期待面向服务架构（SOA）标准能至少减少25%的IT费用，其中27%的银行则期待能减少多达50%的IT费用……

FERNBACH软件首席技术官、BIAN贷款工作组主席Jürgen Späder说：“对BIAN尤其是贷款工作组来说，最新的Service Landscape标志着我们又迈出了一大步……；目前，随着越来越多的成员加入，我们期待更快速、有效地提供其他商业方案”。

The global financial crisis, which began in mid-2007, has revealed significant market failures in the banking system. A key characteristic of the crisis was the inaccurate and ineffective management of liquidity risk.
In response to that, the Basel Committee set up a number of fundamental reforms in the Basel III framework. Basel III introduced new standardised measures and new stress testing techniques for banks’ liquidity risk exposure.
It is time to prepare for the new regulatory challenges in liquidity risk measurement.
This webinar provides an overview of liquidity stress testing approaches within the regulatory framework and shows solutions for liquidity risk measurement.

据FERNBACH财务软件股份公司报道，尼日利亚第一城市纪念银行（FCMB）已经正式签署接收FERNBACH FlexFinance IFRS项目。自尼日利亚联邦执行委员会采纳国际财务报告准则（IFRS）后，FCMB便选择FERNBACH予以协助。做出该决策的关键因素在于现有客户的可用性、FlexFinance广泛的功能以及经证实的IFRS BRIGHT使用方法。

FERNBACH软件股份有限公司宣布，罗马尼亚银行（位于布加勒斯特的法兴银行的子公司）在2010年度成功启用IFRS项目。
由于FERNBACH’s FlexFinance IFRS产品的成功安装并符合IFRS准则，所以2010年银行决定使用该款产品。FlexFinance IFRS重点集中于评估结果的准确性以及符合IFRS准则的评估结果计算，它堪称东欧最大的零售组合之一。

Fernbach has developed the "BRIGHT Approach" for the implementation of its software. In the approach, IFRS implementation is broken down into individual steps using best practices. Thus short project times can be ensured and the going live date can be defined exactly.
When is your next going live date?
This webinar presents the approach and shows how it was applied to a customer project to ensure a timely start of productive operation.

What if an off-the shelf solution could help you concentrate on your business while managing all IFRS matters for you?
FlexFinance® IFRS Turnkey ensures 100% automation of the entire process chain for IFRS-compliant valuation and accounting, down to the financial statement, including balance sheet, P&L and full IFRS7 complaint disclosures. Moreover, it entails a complete MIS/BI solution, providing all-encompassing analysis, drilldown and transparency. Through the unique Turnkey approach, the IFRS software solution is rolled out in your IT environment fast, risk-free and with minimal integration burden.  FlexFinance is fully scalable to both the smallest and biggest banks.
In the webinar we show the key features of the FlexFinance IFRS software solution and the IFRS Turnkey implementation approach, and how they will make your bank’s IFRS project a success story.

The global financial crisis, which began in mid-2007, has revealed significant market failures in the banking system. A key characteristic of the crisis was the inaccurate and ineffective management of liquidity risk.
In response to that, the Basel Committee set up a number of fundamental reforms in the Basel III framework. Basel III introduced new standardised measures and new stress testing techniques for banks’ liquidity risk exposure.
It is time to prepare for the new regulatory challenges in liquidity risk measurement.
This webinar provides an overview of liquidity stress testing approaches within the regulatory framework and shows solutions for liquidity risk measurement.

FERNBACH将在会上出示一份标题为“一体化金融结构组件”的文献。产品风险主管Thorsten Frese会强调中小型银行的解决方案场景，并处理FRS 9和Basel III的数据完整性保证。此外，还会以国际子公司和附属机构为例，展示实例和案例研究。

IQPC研讨会将商业和IT专家聚集到一起，解决以下事宜：一体化财务结构、监管新闻及其对报告的影响、控制和整合过程和系统情况，以及整个公司的统一比例、报告和度量工具。

在此次会议上，业内专业人士将提供开发有效风险管理体系的高级实用策略。
FERNBACH和俄罗斯伙伴 IBS 将在此次会议上发表演讲“信息技术的含义：Basel III 对信息技术基础设施的影响”。
风险产品总监Thorsten Frese阐述受影响的系统、出现的挑战性问题以及Basel III 的特性和信息技术基础设施的合规问题。
在会议上，还将发表流动性压力测试案例研究的报告。

FERNBACH participated in the 12th BIAN Core Team Meeting. This year's focus was the final planning for the service landscape 1.6. For the first time the working groups had the opportunity to sit together and work on problems in detail. This new approach was a great success.
The BIAN Core Team Meetings are the major events of the BIAN association. The meetings take place three times a year.

自2009年金融危机开始，没有任何话题比“亏损”更受关注。对IAS 39 – 合规性风险规定的一般观点是“太少、太迟”。即将颁布的IFRS 9会导致从已产生但未报告的损失向预期损失模型的转变。

此网络研讨会提供了对标准化软件包FlexFinance® IFRS覆盖 IAS 39中全部或单项评估的介绍。此外，此次研讨会还展望了 IFRS 9要求将如何影响未来亏损的处理。

IAS 的采纳导致了会计方法的根本转变。在现阶段，将使用的IFRS 9提出一个新的挑战。分类、估值和对冲金融工具的要求将彻底修改。根据它们实施的方式，现有的 IAS 39 解决方案必须终止的可能性很高，除非花主要精力来保持它们的运作。
是时候分析 IFRS 9 对会计流程链的影响了。
此次网络研讨会除总结和解释了IFRS 9 的最新要求，还分析了实施 IAS 39过程中所学到的经验教训。

Karin Fischenbeck, Solution Manager at SAP AG with focus on the Banking Industry and Secretary General of BIAN and Hans Tesslaar, Program Director at ING will represent BIAN for the first time with a booth at the Euro Finance Week.

FINE 应用软件由R-Solution 和 FERNBACH 共同开发，并作为在项目实施和营销水平上的合作基础。FINE 应用软件采用借款流程处理方式，处理包括从贷款申请到费用支出的一切借款业务。目前FINE 应用软件在零售贷款和 标准化企业贷款行业支持着240 家Raiffeisen 银行。

FERNBACH公司被邀请在国际银行会议上发言，会议重点是资产负债管理、金库和风险管理者、经销商、审计师和分析师。担任FERNBACH公司风险和借贷产品总监的Thorsten Frese在会议上发表关于“动荡时期的流动性压力测试”报告，该报告涵盖了以下主题：流动性压力测试中的挑战、 监管框架内的流动性压力测试和全面流动性风险解决方案。 该会议的主办方是FERNBACH的波兰合作伙伴StatConsulting公司。

FERNBACH参加了IFRS 9执行会议，发表论文“分析IFRS 9执行的成本影响和降低此成本的评估方法”。会议是一个有关位于伦敦市中心的重点行业，致力于银行和其他金融机构的会计、金融、申报、经营、审计、风险、产品控制和估价。它包括了IFRS 9执行和IAS 39会计取代中的近期发展和新兴的最佳实践。

FERNBACH公司举办此次研讨会，其在雅加达和印度尼西亚的合作伙伴PT Abhimata Persada公司概述了IFRS 9和Basel II/Basel III要求，并分享了亲身实施经验。

Introduction of IAS represented a paradigm shift for accounting. Now, the introduction of IFRS 9 represents a new challenge. The requirements for classifying, valuing (particularly for impairment) and hedging financial instruments will be revised. Depending on the way they were implemented, current IAS 39 solutions cannot be used further or only used with major effort.

FlexFinance IFRS provides banks with an automated process that ensures the highest degree of IFRS conformity and covers the entire IFRS accounting process chain.

Hans Tesselaar, Program Director at ING, Victor Dossey, Technology Strategist at Microsoft, Rich Urban, President at IFX Forum and David Bannister, Editor-in-Chief at Banking Technology provided a practical example of how the right level of collaboration can define a common infrastructure. The panel also discussed the importance of semantic business standards for SOA (Service Oriented Architecture) and how organizations have benefited from them already.

Jens-Peter Jensen, Chief Solution Architect, Financial Services at SAP, represented BIAN onsite. In order to meet and share insights with prospective member banks, he arranged individual meetings with participants.

Based on the publication of the BIAN Service Landscape 1.5, Jens-Peter Jensen, Chief Solution Architect, Financial Services at SAP highlights the role of BIAN in the Architecture Management at SAP and with regard to the BIAN Service Landscape.

The BIAN Service Landscape 1.5 is a comprehensive set of semantic specifications defining unique and discrete business recognisable IT capabilities. It provides a broadly scoped view covering the full range of banking functionalities. It is the next evolution of the BIAN Service Landscape.

Standardisation of Lending Services - Simplify integration and reduce technology costs. Have a look at the recorded webinar.

近来的危机显露出银行系统中明显的市场失灵问题。巴塞尔委员会正在对国际监管框架进行一系列的改革，目前暂时被称为新巴塞尔协议III，旨在为银行界建立一个对风险更敏感的风险监管框架。

提前中央银行的日程一年，费恩巴赫(FERNBACH)软件公司的第一家尼日利亚的客户，Access Bank银行有限公司，宣布它已经成功完成了FlexFinance国际财务报告准则(IFRS)的执行。在不到3个月的破纪录的时间内，Access Bank银行，KPMG和FERNBACH的联合团队完成了FlexFinance国际财务报告准则(IFRS)的执行。

FERNBACH 近来公布了一个新的网站记录，一项重大的战略市场重新升级和提高其借贷的解决方案。被命名为4借贷对象的新产品系列反映出自2008年的信贷紧缩以来发生在全球金融服务业的变化。

作为一个风险和符合性解决方案的专业供应商，FERNBACH 软件公司今天宣布领先流动性风险装置的基准研究结果，此装置能够使银行通过日终工作窗口处理一个样品公文包。

自国际软件供应商---FERNBACH 软件公司2008年加入独立工业协会BIAN（银行业结构网络）以来，二者之间的合作经历一个漫长的历程。

Egabi 解决方案将前沿IFRS软件 与埃及和近东的FERNBACH分开。

继2008年秋季 雷曼兄弟的失败，严重的长期流动性危机已经显示出金融机构，特别是银行的流动性的重要性。

FlexFinance IFRS BRIGHT，能够满足所有银行的独特需求，即解决方案的创新性、可扩展性和灵活性。

欧盟消费者信贷指令及其国家法律的整合带来了即将影响若干银行职能范围的一轮新挑战。了解更多有关指令的效果和可能的反应以及相关的风险和机会，请继续往下读。

确保资产负债表上反映更为现实的风险新指令

有关指令的更多信息，请继续查看。

采访高级咨询顾问经理Christoph Meilen，德勤卢森堡

FERNBACH 的执行方案（FIM）使银行能够在已存的系统中无缝地融入新的规则，不必做重复的工作。

为了确保Multi-GAAP 领域对FlexFinance 解决方案、借贷、风险和合规的现场的可靠支持，FERNBACH 正在为其国际合作网络扩大服务理念。

FERNBACH 的FlexFinance解决方案已经获得了许多欧洲的创新奖项，包括金融界有关软件解决方案创新的银行业和金融信息与通信技术的杰出创新奖。