F has selected FIS Treasury & Risk
BANKING
Frankfurt International Bank adopts FIS treasury platform for cloud-based treasury and risk operations
rankfurt International Bank AG( FIB)
F has selected FIS Treasury & Risk
Manager – Quantum Cloud Edition to support its treasury and risk operations.
The newly licensed German bank is using the cloud-based platform to provide integrated front-to-back treasury capabilities from launch, avoiding the need to deploy or modernise legacy on-premises infrastructure.
As financial institutions face rising IT costs, increasing regulatory requirements and growing competition, a growing number of next-generation banks are moving away from legacy on-premises treasury infrastructure. FIB has chosen to establish treasury capabilities from inception using front-to-back automation, governance and cloud-based scalability. The bank is already live with the solution, with ALM Partners supporting the implementation project.
Andrés Choussy, President, Capital Markets, FIS, said:“ The pace of change in treasury and risk management is accelerating, with regulatory complexity, real-time settlement expectations and the operational demands of running a modern bank all combining to create problems for banks on legacy software. By partnering with FIS, FIB has made a deliberate choice to start with infrastructure that is built for where banking is going, not where it has been. FIS Treasury & Risk Manager – Quantum Cloud Edition delivers exactly that: the controls, automation and scalability FIB needs from day one.”
Florian Pointner, Head of Treasury at FIB, said:“ When establishing our treasury operations, we were deliberate about the infrastructure choices we made from the outset. For a bank built around export finance and complex cross-border transactions, operational resilience and governance are not optional, they are fundamental. FIS Treasury & Risk Manager – Quantum Cloud Edition gave us the front-to-back coverage and capabilities we required, within a managed cloud model that allows us to deploy our resources where they create the most value for our clients.”
Peter Woeste Christensen, Director at Magpie, FIB’ s external consultant, who led the design of the treasury target operating model and the selection of FIS Quantum as the enabling platform, said:“ After just 10
The platform’ s managed cloud model eliminates the need to build and operate complex on-premises infrastructure, giving FIB the operational resilience, predictable cost structure and scalability required to support growth.
weeks of implementation, FIB has already gone live with the first part of the solution, demonstrating a remarkably fast time to value. This is a groundbreaking project that sets a new benchmark for how nextgeneration banks can deploy institutionalgrade treasury infrastructure from day one. FIB’ s implementation reflects a broader market shift toward standardisation across products, processes from execution to settlement and cloud-based technology and FIS Treasury & Risk Manager – Quantum Cloud Edition delivers exactly that out of the box.”
FIS Treasury & Risk Manager – Quantum Cloud Edition provides FIB with end-to-end front-to-back treasury workflows, covering key asset classes and lifecycle events with straight-through processing and controls. The platform’ s managed cloud model eliminates the need to build and operate complex on-premises infrastructure, giving FIB the operational resilience, predictable cost structure and scalability required to support growth.
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