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Atlanta, Georgia Office

3930 East Jones Bridge Road
Atlanta
GA
US

Owings Mills, MD Office

25 Crossroads Drive, Suite 200
Owings Mills
MD
US

Los Angeles Office

11150 Olympic Blvd, Suite 600
Los Angeles, CA
US

The Hague, Holland Office

Loire 200-202
The Hague
NL

London, UK Office

Baker's Hall 7 Harp Lane
London
GB

Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
Singapore
SG

Scottsdale, Arizona Office

7272 E. Indian School Road
Scottsdale
AZ
US

Jersey City, NJ Office

10 Exchange Place, 23rd Floor
Jersey City
NJ
US

Brookfield, Wisconsin Head Office

255 Fiserv Drive
Brookfield
WI
US

Sydney, Australia Office

Level 14 124 Walker Street
North Sydney
AU

Luxembourg Office

4 Rue d'Arlon
Luxembourg
LU

Uxbridge, UK Office

7 Roundwood Ave
Uxbridge
GB

Lake Mary, Florida, US Office

600 Colonial Center Pkwy
Lake Mary
FL
US

Telephone

617-217-2816

Contact

Melanie Cousins
[email protected]
Back to all Fiserv announcements

Krung Thai Bank Selects Fiserv for ALM, Interest Rate, Foreign Exchange, Market Risk and Bank-Wide Liquidity Management

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that Krung Thai Bank has selected Fiserv for asset/liability, market risk, interest rate risk, foreign exchange risk and daily bank-wide liquidity risk management.

Based in Thailand with 1,957,827 million Baht in assets (almost US $63 billion), Krung Thai Bank required an integrated solution that would allow it to perform bank wide interest rate, foreign exchange and liquidity management on the banking and trading books in a single database. Additionally, the bank needed a solution that would allow it to produce daily Bank of Thailand regulatory reports and, most importantly, customer behavior adjusted daily liquidity reporting with contingency planning.

"We chose Fiserv because of its local expertise, comprehensive financial instrument coverage, strong implementation team, project management, prompt support and deep industry knowledge," said Poonpart Sripleng, executive vice president, Risk Management Group, Krung Thai Bank. "They understood our needs, created a solution that addressed all of them and then implemented the solution effectively."

"The Fiserv solution will help Krung Thai Bank execute stress testing for all risks across the full spectrum from possible to likely to probable," said John Filby, president, Risk and Compliance, Fiserv. "Robust stress testing requires well-informed management, defined risk tolerances, complemented by solutions that enable advanced enterprise risk modelling. With our solution, we can help Krung Thai Bank achieve a true measure of safety and soundness across their banking and trading books."

A core competency of the company, Fiserv offers a unique breadth of Risk and Compliance solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization. Solution areas include Financial Crime Risk Management, Financial Risk Management, Financial Performance Management and Financial Control Solutions. Fiserv is ranked #1 in North America and #4 overall in the annual Chartis RiskTech 100(TM).