The latest version of MORS Software’s offering brings a new generation of Treasury ALM to the market. The product is aimed firmly at helping banks dynamically manage their balance sheet to deliver optimum profitability while simultaneously addressing the ever-changing needs of the regulatory landscape. Available as a totally integrated platform or as a focussed point solution for areas such as
ALM (including IRRBB), Liquidity Risk (including LCR, NSFR, ALMM, Intra-day), Stress Testing, or Treasury Front Office, for example.
MORS Software is available on premise, SaaS or as a fully managed service. Running completely in a real-time, multi-currency environment based on a contract and transaction level ‘single source of the truth’ data architecture.
“We have built a tremendous product serving the Treasury and ALM needs of banks of all sizes and complexities in all of the major financial centres of the world,” says Mika Mustakallio, Co-Founder and CEO of MORS Software.
“Appointing Nigel Lee as our Commercial Director is a natural next step for us. Nigel brings with him a track record in building financial services software companies in the Risk, Finance and Regulatory Reporting space, not least with companies like Financial Architects in Belgium. It is firmly our ambition to grow our international presence and expand our footprint outside of the Nordic region. Together with Nigel we will build our business to become truly global and serve our customers directly in the countries in which they operate. With this increased proximity to our customers, we aim to acquire many more customers and improve customer service and satisfaction for our existing customer base.” adds Mustakallio.
“I’m very excited to join MORS Software. I believe the international banking market is in need of a new approach to Treasury ALM. For many years the ALM market has been dominated by legacy software vendors providing expensive and inflexible solutions, many of which are old and approaching ‘end of life’,” comments Nigel Lee, newly appointed Commercial Director for MORS Software.
“An increasingly sophisticated regulatory environment and hugely challenging business conditions are putting enormous pressure on banks to squeeze every last ounce of profit from their Balance Sheet and operating model. I believe all banks need to re-assess their solutions for running the bank and subscribing to regulatory requirements from the same core platform. MORS Software represents a new generation of solution, more flexible in its deployment and use, more appropriate in its use of technology, real-time and cloud enabled. MORS Software is ideally placed to be the next ‘best of breed’ partner to the global financial services industry. I’m looking forward to working closely with the team, our partners and especially our customers.” concludes Lee.