VIENNA, Feb. 21, 2019 /PRNewswire/ — Union Investment is the asset supervisor of the cooperative economic institution in Germany and manages greater than 330 billion Euro for private and institutional buyers. Union Investment is one of the leading fund agencies in Germany. In the destiny Union Investment will depend on the help of the revolutionary hazard management platform FinAPU for its inner credit score risk evaluation. FinAPU permits networked chance management and a credit risk assessment of securities and issuers in actual time. The threat fashions, approaches and features implemented at Union Investment were tailored to the requirements of the EU Money Market Fund Regulation and aligned with the organisation’s necessities.
Flexible workflow layout allows the combination of in-residence methods “Thanks to the regulatory expertise of the persons concerned, we had been able to modify models and procedures correctly and benefit from the experience with auditors and banking regulators,” specifies Sebastian Schäfer, answerable for the implementation of the brand new EU Money Market Fund Regulation on the portfolio management group of Union Investment, describing the benefits of the brand new cooperation with FinAPU. “We are satisfied that the user-pleasant and stringent design of the rating utility ensures superb consequences. The excessive records exceptional of the enter parameters due to the close cooperation with installed statistics vendors may be very beneficial.” The mission at some point of the implementation phase became the mixing of different databases and processing big quantities of statistics. Because FinAPU accommodates master, owner and fundamental information of 31 million entities, which might be robotically linked, evaluated and sent to described tactics and fashions. The successful software at Union Investment proves that FinAPU provides a valuable contribution to the core duties of fund companies.