OAO Swedbank Russia Uses Mors for Integrated Treasury and Risk Management
OAO Swedbank Russia, a subsidiary of Swedbank, has implemented Mors treasury front and middle solution to achieve an integrated treasury and risk management platform. The solution enables the bank to integrate the treasury’s position keeping, risk measurement and analysis into one single system. Using the flexible reporting capabilities of Mors, the bank is now able to monitor their positions and risks in real-time, thus enabling optimised decision-making in all market conditions.
Mors Software also tailored a specific reporting feature enabling OAO Swedbank Russia to automatically produce the Russian Accounting Standard (RAS) currency position report, as part of the required regulatory reporting for the Russian banking authorities.
Aleksey Kireev, head of treasury, OAO Swedbank Russia, said: “The reason we selected Mors is that it delivers flexible and dynamic drill-downs together with real-time analytics for both treasury and risk monitoring purposes.”