Major Baltic Bank selects MORS for integrated ALM, Financial Risk and Regulatory Reporting
MORS Software, provider of award-winning Solutions for Treasury, ALM, and Risk Management (MORS), welcomes significant Baltic Bank to the MORS family for its suite of integrated ALM, Financial Risk and Regulatory Reporting Solutions
MORS Software has been selected by a major Baltic bank as its solution partner for the provision of a fully integrated solution for ALM, Interest Rate Risk in the Banking Book, Liquidity Risk, and Credit Risk and Capital Adequacy. The solution also includes MORS Regulatory Reporting for CoRep, FINRep, and AnaCredit. MORS Regulatory Reporting is powered by Aguilonius, one of the leading European providers of regulatory reporting solutions.
MORS offers one of the most sophisticated solutions for Treasury Management, ALM, Financial Risk and Regulatory Reporting. With a single view of contract level data at its heart, the solution includes sophisticated scenario analysis and stress testing, meeting both regulatory and internal reporting needs. MORS is genuinely a ‘deal to disclosure’ solution for all types of banks, large and small. Based on a lightweight technology footprint, MORS is both economic to run and quick to implement.
The implementation project has already begun and is set to complete within 2023.
“We are delighted to welcome yet another customer to the MORS family. It is reassuring that having launched integrated regulatory reporting only a year ago, the market is responding positively. With our brand-new solution for Credit Risk and Capital Adequacy, our solution is really the complete package for banks to manage their internal and external management and reporting obligations.” says Niklas Fellman, Chief Commercial Officer of MORS Software.
“We are further reassured that our product, together with our first-class implementation services, unblemished track record for delivering on time and to budget, and our high Net Promoter Score is an unrivalled combination. We are very sure that our ability to meet the customer’s sophisticated requirements within a short timescale made us a trustworthy and natural choice.” concludes Fellman.