MORS Blog
MORS: Where Work-Life Balance Drives Happiness and Success
At MORS, we’ve harnessed a uniquely Finnish approach to work-life balance that not only promotes happiness but also fuels our success. In a country known for having the happiest people in the world, we’ve made work-life balance a cornerstone of our organizational culture. The Finnish Formula for Happiness Finland is named world’s happiest country for […]
Commitment, Loyalty, Dedication and Perseverance, that’s the MORS way
Going the extra mile, or 13 to be precise… When our very own Business Development Rockstar, Paul Newton, told me he was going to take part in the Great North Run (UK), I was very impressed. Like with everything Paul does, he began to prepare and work hard with laser focus to meet the challenge. […]
MORS’ journey to Great Place To Work™ Certification: The Key Elements of Success
At MORS, we’re thrilled to share the journey that led us to becoming a certified Great Place To Work™. This certification isn’t just a badge – it’s a reflection of our commitment to nurturing a distinctive workplace environment. Often, company culture is presented as flashy perks: free lunches, unlimited time off, and dog-friendly offices. However, […]
Case Study: Successfully creating a combined Treasury and Asset Liability Management system for two merging banks
This case study details how MORS effectively was implemented as a combined Treasury and Asset Liability Management system for two merging Nordic banks, resulting in a unified and streamlined system, offering holistic risk management for the merged entity. In 2021, a leading Nordic consumer finance bank acquired one of its Scandinavian peers. The acquiring bank […]
What Can the UK Market Learn from the Nordic Covered Bond Market? – Insights from Our Nordic Neighbours
Covered bonds, a growing interest in the UK markets, bear a resemblance to their well-established counterparts in Nordic countries. As the UK explores this financial instrument, there are valuable lessons to be gleaned from the Nordic covered bond market. This article delves into the mechanics of covered bonds, explores the reasons behind their popularity in […]
8 Years Working with MORS: Adventures, Growth, and Overcoming Challenges
Exactly eight years ago, at the age of 26, I moved back to Finland from the Netherlands after a year-long adventure in Utrecht. It was my very first week back in Finland, when I landed a Marketing Coordinator role at MORS Software. Little did I know that this would mark the beginning of an incredible […]
Overview of the 2022 Guidelines on Interest Rate Risk Management: Changes compared to Guidelines 2018
In July 2018, the European Banking Authority (EBA) introduced the Guidelines on the management of interest rate risk arising from non-trading book activities, referred to as the “2018 Guidelines.” To adapt to evolving market conditions and regulatory requirements, the EBA has recently published updated guidelines for 2022, which encompass various changes compared to the previous […]
Case Study – ALM for Interest Rate Risk in the Banking Book (IRRBB)
Southern European Bank goes live with MORS ALM for Interest Rate Risk in the Banking Book (IRRBB) Systematically Important bank in southern Europe has selected and implemented MORS ALM for IRRBB in a project that has concluded both on time and on budget. In April 2022, a Systematically Important bank in southern Europe, selected MORS […]
EBA published the technical package of its 3.3 Reporting Framework Phase 1
The European Banking Authority (EBA) published the technical package for its Reporting Framework 3.3 Phase 1. The technical package provides standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for version 3.3 Phase 1. Read more
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.