NEWS

BANCO BOLIVARIANO acquires FINANWARE Credit Risk IRBa (June 2004)

BANCO BOLIVARIANO acquired and is now implementing the specialized credit risk module, FINANWARE Credit Risk IRBa, in compliance with regulations 601 and 602 issued by the Banking and Insurance Superintendency of Ecuador in December 2003 to regulate credit risk control in the Ecuadorian financial system. With this module, Banco Boliviariano -a customer since 2001- has completed the FINANWARE™ product suite.

   
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FINANWARE™ Products
· Asset and Liability Management
· VaR
·
Credit Risk IRBa
· Credit Scoring
· Profitability
· Analytical CRM
· Money Laundering Prevention & Control
· Financial Analysis & Benchmark
· Operative Risk

FINANWARE™ Tools
· KPI Control Panels
·
Portfolio
·
Data Integrator System (DIS)
· Statistical