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Big Belgian bank reduces its risk

Argenta, a top five Belgian bank, is expanding its use of the FRSGlobal RiskPro system to include the Treasury View module, which increases its ability to monitor liquidity risk and better oversee its treasury position

The bank previously used the RiskPro software suite for Asset Liability Management (ALM), Value at Risk (VaR) and Funds Transfer Pricing (FTP) analysis. This new module will now be added to the list and help Argenta understand its financial position on a more timely and consistent basis.

The RiskPro Treasury View module can look at a wide range of analyses calculated with internal (treasury) rates instead of with external (customer) rates, guaranteeing a complete overview. A dynamic simulation function will also enable the bank to perform its risk management and budgeting more effectively.

Commenting on the installation, group risk manager, Lode Vingerhoets, said: “RiskPro has helped us to weather the current difficult market environment. Liquidity risk management is a particular strength of the system.”

 

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