Fiserv supports RHB

RHB Banking Group (RHB) has chosen Fiserv to support its interest-rate risk and liquidity risk management strategies.

The Fiserv solution is being used to manage integrated and advanced liquidity risk, interest-rate risk, market risk, credit risk and economic capital. “Our current focus is on enhancing our presence locally and regionally, while continuing active retail and capital market efforts and expansion plans for our Islamic banking and global financial banking businesses,” says Patrick Ho, head group risk, RHB. “These goals add further urgency to our need for historical and forward funds transfer pricing for business, product and branch profitability analysis and management. We expect the Fiserv solution to meet those needs and support our compliance with the New Liquidity Framework requirements set by Bank Negara Malaysia (the country’s central bank authority).”

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