News

Bank of Moscow signs with Fiserv for risk-management solution

January 20, 2008

BROOKFIELD, Wis. — Fiserv IPS-Sendero, a unit of Fiserv Inc. and provider of risk and value-management solutions, announced that Bank of Moscow has selected the Fiserv IPS-Sendero KRM risk-management system for asset/liability management.

The IPS-Sendero KRM system allows the bank to promptly make decisions related to more efficient and profitable management of assets. Used for credit risk, market risk, interest-rate risk, and Basel II capital calculations, IPS-Sendero KRM incorporates advanced risk concepts.

KRM will allow the bank to optimize its risk management, including interest-rate, currency and liquidity risk.

Bank of Moscow is Russia's fourth-largest bank, with $16 billion in assets.