MORS Blog

Funds transfer pricing – What is it and why it is important for banks

Funds Transfer Pricing is a common method in banking. Though, it can be quite a complex thing. Therefore, we have written this article where FTP is covered from A to Z. What is Funds Transfer Pricing (FTP) in the first place? The basic objective of Funds Transfer Pricing (FTP) is to establish an internal reference […]

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Managing Climate Risk in Banks – Transition risk, what is it and how does it manifest itself?

Transition risk is focusing how changing climate affects investors by disruptions to certain businesses and assets.

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Climate Risks in Banks – Recent Updates in the Field

Continuing the theme of climate risks in banks and financial institutions, there were some notable news items and developments last week. 1. Firstly, Mr. Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, made a keynote speech at the Financial Market Authority’s Supervisory Conference in […]

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Managing Climate Risks in Banks – Mortgage Lending, Affordability, Insurability, and the Role of Covered Bonds in Europe

This article follows our previous blog post: ‘Part 1 | Climate risk is forcing banks towards integrated risk management software’, and is one of many of our climate risk related articles. In this article, we’ll cover what banks should consider whilst trying to understand the repercussions of climate risk, specifically some of the wider ramifications […]

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Financial Risk Management – A View from the Bridge

Comparing 2021 with 1990’s by MORS Software’s Co-founder and CEO, Mika Mustakallio Over the years there have been many reasons for the practice of Financial Risk Management in banks to pull its socks up and evolve. From regional market shocks to the global financial crisis, currency devaluations, mortgage price drops, the stock exchange falls, and […]

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Treasury & Asset Liability Management software -what is in demand?

At the time of writing, Europe is increasingly opening up after around 1,5 years of dealing with the pandemic. The vaccination campaigns seem fairly effective, at least for the time being. We are seeing increasing levels of return to normalcy in doing business. But as many say, there is no going back to the way […]

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Climate risk is forcing banks towards integrated risk management software | Part 1

In this article, we’ll cover what climate risk is and how does it affect today’s socioeconomic systems and banks in the upcoming decades. Besides that, we’ll try to map out what banks can do, in order to prepare for what’s coming. See also our upcoming webinar: ESG – Climate Risk management in banks What is […]

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Life at MORS Software: Professionally Fulfilling and Personally Enjoyable

I have a deep fascination with data. For me, data holds the key to a better understanding of almost everything. I’ve been lucky to indulge my passion for data and data analytics in almost all of my professional roles since graduating in 2000. I have an educational background in Applied Mathematics, and I am analytical […]

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Banks Have a Key Role on the Path to Sustainability

Europe relies largely on a bank-centric financial market and direct bank lending is a key constituent. Historically banks have originated loans largely with the intent to hold them to maturity. This is one of a number of reasons why climate related risks may directly impact European banks. Policymakers and supervisors alike have understood the potential […]

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My first 4 months at MORS Software as a Financial Software Specialist

I joined MORS Software 4 months ago as a Financial Software Specialist. My job includes supporting our customers in using our software, to help resolve technical problems, and to participate in various internal and customer focussed projects in order to further develop our software and our company. I graduated from LUT MSF in 2020 and […]

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