Wednesday 7 May 2014

Dion Global, Chase Cooper partner with Kris Finsoft to win major Philippines Bank deal

Dion Global Solutions and Chase Cooper partnered with Kris Finsoft to win major Philippines Bank Deal. The Philippines Veterans Bank (PVB) has selected Chase Cooper’s award winning aCCelerate solution to manage its enterprise wide operational risk management. The platform will be implemented by Dion’s local partner, Kris Finsoft.
aCCelerate provides award winning functionality for the core operational risk framework, and has powerful reporting and analytical capabilities for sensitivity analysis, stress testing and scenario analysis. The solution empowers operational risk managers to assess their organization’s risk profile and sensitivity to changes, providing immediate business benefits.
PVB is a leading domestic financial institution in Philippines. The bank is owned by Philippine World War II veterans and their families and caters to both corporate and retail financial markets. As part of its charter, PVB allocates 20% of its annual net income for the benefit of its shareholders.
Dion Global Solutions provides market leading software to financial situations across the globe. Employing over 600 highly experienced and knowledgeable staff within the Finance and IT industries, Dion’s solution covers portfolio management, trading, settlement, risk management, compliance, analytics, messaging and workflow and research services and information products.

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