China Construction Bank Asia Implements Risk Solution from Fiserv
May 13, 2009  Category: Technology

Fiserv has announced that China Construction Bank (Asia) has implemented KRM from Fiserv as its market risk measurement and management solution across its 36 branches in Hong Kong and Macau.

Used to manage credit risk, interest-rate risk and market risk, KRM incorporates advanced risk concepts developed by Robert A. Jarrow, an originator of the Heath- Jarrow-Morton multi-factor term structure model. KRM helps financial institutions measure market exposures to determine limit compliance, develop risk mitigation strategies, allocate regulatory capital and evaluate market returns.

CCB (Asia) is a wholly owned subsidiary of China Construction Bank Corporation.

More News