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Atlanta, Georgia Office

3930 East Jones Bridge Road
Atlanta
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Owings Mills, MD Office

25 Crossroads Drive, Suite 200
Owings Mills
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Los Angeles Office

11150 Olympic Blvd, Suite 600
Los Angeles, CA
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The Hague, Holland Office

Loire 200-202
The Hague
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London, UK Office

Baker's Hall 7 Harp Lane
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Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
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Scottsdale, Arizona Office

7272 E. Indian School Road
Scottsdale
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Jersey City, NJ Office

10 Exchange Place, 23rd Floor
Jersey City
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Brookfield, Wisconsin Head Office

255 Fiserv Drive
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Sydney, Australia Office

Level 14 124 Walker Street
North Sydney
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Luxembourg Office

4 Rue d'Arlon
Luxembourg
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Uxbridge, UK Office

7 Roundwood Ave
Uxbridge
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Lake Mary, Florida, US Office

600 Colonial Center Pkwy
Lake Mary
FL
US

Telephone

617-217-2816

Contact

Melanie Cousins
[email protected]
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Ping An Bank in China Selects Fiserv for ALM, Liquidity and Interest Rate Risk Management Solution

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that Ping An Bank has implemented the Fiserv solution for asset/liability management, liquidity management and funds transfer pricing.

With approximately RMB 1.172 billion in assets, Ping An Bank required a bank-wide daily liquidity and interest-rate risk management solution that would also handle its regulatory reporting. In addition, the bank chose to replace its in-house funds transfer pricing solution, which lacked key functionality such as forward funds transfer pricing projection and analysis.

Ping An's selection of Fiserv was based on the combination of strong product technology as well as deep subject matter expertise. As part of the implementation plan, Fiserv presented educational courses on asset/liability management, funds transfer pricing and risk adjusted return on capital (RAROC) to the bank's Board of Directors, senior management, managers and users.

The Fiserv solution is used to manage integrated and advanced liquidity risk, interest-rate risk, market risk, credit risk and economic capital - essential components of effective corporate governance and enterprise risk management.

"We chose Fiserv for its ALM, liquidity management and funds transfer pricing expertise - as well as its responsiveness and availability," said Mr. Li Xu Ping, Head of the ALM department, Ping An Bank. "We were also very pleased with Fiserv's strong implementation, integration and project management capabilities and resources."

"The combination of our market leading technology and the educational collaboration with Ping An's key executives enables Ping An to create a competitive earnings and corporate governance advantage in current Basel regulatory areas such as stress testing, liquidity risk management and safe capital optimization," said John Filby, president, Risk and Compliance, Fiserv.