MORS and Finor to Partner for Treasury Management and ALM for the Brazilian Banking Market
Helsinki, Finland / Porto Alegre, Brazil 5 April 2023:
MORS and Finor announce their partnership to provide Treasury Management, Financial Risk, and Asset Liability Management (ALM) solutions for the Brazilian banking market. This partnership will combine MORS’ award-winning Treasury and ALM Solutions and Finor’s excellence in providing project implementation and data science techniques to offer comprehensive solutions and services for financial institutions in Brazil.
MORS is a leading provider of ALM and Treasury Management solutions with a strong global presence. Finor helps financial institutions in decision-making projects with a multidisciplinary team of Finance, Tech and Math professionals. Their services enable banks and financial institutions to optimize their balance sheets, maximize returns, and meet regulatory requirements.
Together, MORS and Finor will offer a complete range of Treasury Management, Financial Risk, and ALM solutions and services that will help banks and financial institutions in the Brazilian market to manage their ALM and Treasury operations. This partnership will provide customers with a single platform to manage their treasury and balance sheet, reducing complexity and improving efficiency.
“We are very excited to partner with Finor to bring our solutions to the Brazilian banking market,” says Nigel Lee, CEO of MORS. ” This partnership will help us strengthen our presence in the region and leverage the in-depth subject matter expertise Finor has to deliver both excellence in software and in project execution”.
“We are delighted to partner with MORS in offering their award-winning Treasury/ALM solutions to the Brazilian market,” says Tiago Filomena, Finor Co-Founder. Marcelo Teixeira, Finor Co-Founder and a Wall-Street interest risk manager veteran, points-out: ” Together we can provide Brazilian Banks with a complete range of services and solutions to manage their ALM, Treasury and associated risks.”
The partnership between MORS and Finor is expected to have a significant impact on the Brazilian banking market by providing customers with a complete range of ALM and Treasury Management solutions. The partnership will enable banks and financial institutions in the region to optimize their operations, manage their risks, and achieve their business goals.
MORS is available on-premise, in the Cloud, or as SaaS. Contact Finor for a consultation or demonstration.
About Finor
Finor (FINance & Operations Research) is composed by professionals with wide academic and practical experience in finance and computational-mathematical methods in Brazil. Finor offers modern scientific methods, using AI and Machine Learning, to assist decision-making in institutions operating in the financial market. By employing data science techniques, Finor brings new managerial insights to banks in projects involving databases and/or large amounts of data (Big Data). Examples of projects Finor has developed: credit risk models, risk-based pricing, , investment engines, data-based customer segmentation, ALM (Asset-Liability Management), among others.
http://finor.tech/en/
Contact: tiago@finor.tech and contato@finor.tech
About MORS
MORS Software is a leading Nordic solution provider for Treasury, Liquidity Risk Management and ALM (Asset and Liability Management) in banks. MORS is available as a complete Treasury and ALM solution, or as a point solution addressing specific functions, risk surfaces, or regulatory matters.
MORS is based in Helsinki, Finland, with offices in the UK, Belgium, Canada, LATAM and Central and Eastern Europe.
www.morssoftware.com
Contact: Nigel Lee, CEO: nigel.lee@morssoftware.com