FlexFinance provides operational support for the documentation of forbearance measures within the framework of loan management as well as processing of problem loans and carries out the advantage assessment.
In the NPE calculations and reports, the significance of the risk position is determined and checked, as well as the NPE relevance and recovery - in accordance with the EBA conditions.
In this way, both the efficiency and the effectiveness of the forbearance measures are monitored.
FERNBACH’s company size and long tradition allows my customers to always receive preferential treatment. They benefit from a unique combination of individuality and the required domain expertise.
The technology used in combination with the “Continuous Renewal” project approach allows my customer to benefit from reduced project lead times and project risks with significantly and sustainably increased customer focus and efficiency in conjunction with enormous future security.
The component-based structure using standard FlexFinance components allows my customer, together with FERNBACH, to realise exactly the solution that is 100% customised to individual requirements.
So what’s your modernisation strategy – a ‘big bang’ project to implement a new software package or do you keep on improving the systems already in operation?
We can recommend a third alternative. Our project method ‘Continuous Renewal’ reduces project risks and achieves success quicker with more focus on customers. We supply a provider-independent, state-of-the-art component system.
Firstly, what we do not offer is a comprehensive package that you have to configure on your own premises according to your requirements. Nor do we provide components that entail employing Fintech experts to program your entire application. The package that we deliver is ready-to-go.
Designed for the new open digital banking age, our software results in lower infrastructure costs, quicker updates, lower provisioning, elastic scaling and active-active high-availability clustering. All was built using OpenApi and DevOps principles and engineered to be deployed in containers and microservices. The open APIs allow you to integrate quickly with a wide range of internal or external systems to help drive your product and service innovation.
Putting an end to the nightmare of regulatory reporting involves a lot of time and resources. Our new technology, which has been patented, will save you money, time and human resources.