Firstwaters provides support for implementation of a new IRRBB solution
A successful implementation.
In accordance with the EBA Guideline (EBA/GL/2018/02), the periodic interest rate risk measurement must be extended for valuation effects to be included. Firstwaters supports the German regional state bank in the implementation of the new requirements basing on the standard software Ambit Focus. Besides the takeover of the technical project management, Firstwaters was active with additional business analysts.