First release of Abacus360 Banking delivered with components for AnaCredit. Pilot customers include DZ BANK AG, the central institution for co-operative banks, Berlin Hyp, one of the large German Pfandbrief banks, and Bank fuer Sozialwirtschaft (BFS)
FRANKFURT, Germany, June 21 (Bernama-BUSINESS WIRE) -- Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), announced today that the first release of the new software generation for banks, Abacus360 Banking, has been delivered.
BearingPoint had announced at its annual user conference in November 2015 that it would develop a new generation of the recognized Abacus platform. Main drivers for the decision are regulatory and technological developments of recent years. Based on a new generation engine, Abacus360 Banking will cover all existing Abacus regulatory and risk modules. It will also provide additional components enriching the functional scope by an intelligent toolset allowing for tailor-made optimization of regulatory reporting processes, regulatory analytics and regulatory management.
FRANKFURT, Germany, June 21 (Bernama-BUSINESS WIRE) -- Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), announced today that the first release of the new software generation for banks, Abacus360 Banking, has been delivered.
BearingPoint had announced at its annual user conference in November 2015 that it would develop a new generation of the recognized Abacus platform. Main drivers for the decision are regulatory and technological developments of recent years. Based on a new generation engine, Abacus360 Banking will cover all existing Abacus regulatory and risk modules. It will also provide additional components enriching the functional scope by an intelligent toolset allowing for tailor-made optimization of regulatory reporting processes, regulatory analytics and regulatory management.
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