Financial software provider Finastra is partnering with Lozenge Analytics to offer its Fusion KTP solution to customers in France and the Benelux region.
By integrating Lozenge Analytics’ capabilities, this affords Finastra the opportunity to help customers perform complex statistical risk calculations when using the Fusion KTP product.
The combined solution is available in the cloud and on-premise, which seeks to enhance treasury management solutions by providing corporate bank treasurers with a ‘consolidated view of their liquidity and financial positions’. Thus, enabling customers to view all financial exposures, optimise hedging costs and ensure compliance.
These elements help methods such as Value at Risk, Potential Future Exposure, Valuation and Delta to work out potential losses or exposures.
Eric Aillet, Principal Product Manager at Finastra, said: “The Lozenge Analytics team has in-depth knowledge of Fusion KTP and a wealth of experience in the areas of risk management, regulation and compliance.
“The integration of Lozenge Analytics with Fusion KTP brings significant value, and we look forward to working together to deliver these benefits to our clients.”
Lozenge Analytics will help assist Finastra with Fusion KTP by facilitating stress tests, which are a requirement by the European Banking Authority. Treasures are guided in being able to run different scenarios, demonstrating the institution’s ability to deal with a range of crisis situations.
“We’re thrilled to partner with Finastra. Collaborating will help us extend our reach and deliver our capabilities to Fusion KTP users,” added Renaud Savina, CEO of Lozenge Analytics.
“We believe customers will benefit immensely from the ability to perform complex statistical risk calculations using a fully integrated solution in the cloud.”