Polish lender Bank Pocztowy has selected Wolters Kluwer’s OneSumX risk management software solution.
The lender will use the solution to manage risk in a range of areas including asset and liability management (ALM), market risk, liquidity risk, and credit risk.
Wolters Kluwer’s ALM capability will support balance sheet modeling, risk measurement and management and regulatory compliance.
Its market risk capability will provide an integrated view of profit and loss and risk on its balance sheet, from a risk as well as a business unit perspective.
The OneSumX solution will also help the bank to monitor, manage and report liquidity risk by integrating a risk management/stress engine and regulatory reporting platform.
Wolters Kluwer’s credit risk component will help the bank calculate its Basel III capital charges.
In addition, the bank will also leverage Wolters Kluwer to offer funds transfer pricing analysis and stress testing.