Forbearance and EBA-NPE

Monitoring the efficiency and effectiveness of forbearance measures

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.

Learn more about NPL servicing in our white paper

Learn more about EBA Loan origination and monitoring in our white paper

Summary of EBA-NPE

Summary of forbearance

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.

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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.

We provide ready-made applications, individual components for all areas of a loan’s life cycle: loan application, management, payment transactions, processing of problem loans, subledger, IFRS 9 accounting policy, reporting, AI for forecasting customer behaviour and much more.

Hence, you are ideally equipped to meet the EBA requirements called for in ‘EBA Loan origination and monitoring’.

The end of the nightmare of regulatory reporting

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.

Learn more in our podcast

Continuous Renewal

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.

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White Label

FlexFinance is available as a white label solution in your corporate brand name. The FlexFinance technology provides maximum flexibility to configure the functionalities you require.
You can obtain FlexFinance White Label Lending purely as an IT solution under the SaaS model or in the full business process outsourcing.

Podcasts

FlexFinance Package for IFRS, ALM and Liquidity

The end of the nightmare of regulatory reporting

Loan application via Conversational Banking - interaction via Messenger and AI Chatbot

Lending management - revolutionary: customer self-service with AI support

Continuous Renewal of Lending Technology

How secure are your recurring incoming payments?

Artificial intelligence – best practice guidelines

The FlexFinance chatbot enables your employees to work more efficiently

What we offer

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.

Our technologies

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.

News

FERNBACH has won the award ‘Best Financial Software Solutions Provider Luxembourg 2019’

Forbearance

EBA-NPE

Learn more about IFRS, ALM and Liquidity in our podcast

Learn more about our innovative software ‘Continuous Reporting‘ in our podcast

Successful projects and satisfied customers

FERNBACH is a group of medium-sized companies operating worldwide in software and consulting. For the past thirty years, FERNBACH has enjoyed considerable success in the financial technology sector. A broad customer base, ranging from international financial institutions to regional private banks, relies on FERNBACH’s solutions.

Reference story for Germany

Reference story for Austria