The solution is designed for retail and corporate banking, including accounting, payment transactions and regulatory reporting.
You can capture your deals directly with us or use your own front office application.
This system is intended to automatically forecast a possible default in a loan using artificial intelligence. When contract deadlines in existing deals are pending, proposals for re-structuring the contracts are determined. When new deals are concluded, the structure (collateral, guarantees) has to be optimised or an optimum price has to be calculated.
This service can be integrated into your existing infrastructure without additional hardware requirements or learning sessions that require a lot of computer capacity and that are provided by FBC when needed.
We provide an end-to-end IFRS solution including the evaluation of financial instruments, calculation of impairment (ECL) and hedge management, consolidation and multi-currency capacity – as well as a comprehensive FinRep solution.
The Frankfurt Banking Cloud (FBC) has been designed especially for people like you with banking know-how who have their customers in mind. In addition to IT experts, one of the ‘Big 4’ auditing companies are part of the FBC team. IT implementation of the concepts will be ensured by the FBC team If you require a European banking licence, the FBC team can prepare this and submit an application to BaFin.
You determine the amount of service you receive from us: ranging from conventional support to a full service in which case we incorporate new business sectors into your solution, perform all IT processing and check the processing results at technical and functional level. We support business departments in all their activities and act as a contact for all IT processing issues.