Ping An Bank has implemented the Fiserv solution for its asset/liability management, liquidity management and funds transfer pricing.

With approximately RMB 1.172 billion in assets, Ping An Bank required a bank-wide daily liquidity and interest-rate risk management solution that would also handle its regulatory reporting. In addition, the bank chose to replace its in-house funds transfer pricing solution, which lacked key functionality such as forward funds transfer pricing projection and analysis.

Ping An’s selection of Fiserv was based on the combination of strong product technology as well as deep subject matter expertise. As part of the implementation plan, Fiserv presented educational courses on asset/liability management, funds transfer pricing and risk adjusted return on capital (RAROC) to the bank’s Board of Directors, senior management, managers and users.

The Fiserv solution is used to manage integrated and advanced liquidity risk, interest-rate risk, market risk, credit risk and economic capital — essential components of effective corporate governance and enterprise risk management.