Sberbank deploys new risk management tool

Sberbank, the third largest banking organisation in Russia, has selected Wolters Kluwer’s OneSumX system to help improve the bank’s view of its risk management processes. The solution allows Sberbank’s treasury department to perform simulation, market risk analysis and liquidity risk analysis. The bank selected the system to handle the increased challenges of efficiently operating the asset liability management and liquidity risk functions in its Moscow headquarters.