« back 01 March 2006

Press release: INVESTMENT Bank of Greece select's SYSTEMIC’s integrated Asset Management Solution

INVESTMENT Bank of Greece, a subsidiary of MARFIN Financial Group, one of the largest and fastest growing Banking, Securities & Asset Management Groups in Greece, chose Systemic Risk Management's Asset Management Solution (RV Asset) to actively manage the complex needs of its customer’s portfolios.

Among the Bank’s requirements was the management from a single platform of all its customers’ positions in different markets, including Banking as well as Equity and Derivatives markets, via integration of different supporting systems. Furthermore, requirements included advanced features like risk budgeting based on Monte Carlo simulation.

Aristides Protopapadakis commented: "RV Asset is a powerful, highly competitive software solution supporting demanding portfolio management operations. It is developed by practitioners for practitioners and it offers a wide range of analytics and risk measurement techniques, including Performance measurement and attribution, Risk Attribution, Value-at-Risk based on Monte Carlo simulation and Stress Testing. It may also be extended to cover other Front, Middle and Back Office areas related to portfolio management."

SRM is a leading solutions and services provider in the fields of financial risk management and derivatives trading. SRM provides sophisticated, yet affordable and practical risk management solutions with customers including National Bank of Greece, HSBC Bank, Societe Generale, Merrill Lynch International, PIRAEUS Bank, the Cooperative Banks of Greece, and many more.

***

« back