Longtop Financial Technologies will provide risk management solutions to a commercial bank in China. Longtop will employ an Asset Liability Management (ALM) system for the bank enabling compliance with the regulatory requirements of the China Banking Regulatory Commission (CBRC) and Basel II accord.
The ALM system analyzes a bank’s risk profile of financial products in the balance sheet and off-balance sheet, including interest rate risk, currency risk and liquidity risk. Longtop already offers data integration and Business Intelligence solutions to the bank.
Click here for the release from PR Newswire.