Fernbach FlexFinance


Company Overview


» Long-standing provider of financial, risk and compliance solutions for the finance industry » Initially started on the accounting side of the market with back office processing; other areas were added subsequently


Product Overview


» Key product: FlexFinance » Key functionalities supported: Finance, risk and compliance including internal and legal requirements


Key Highlights


» Member of the SAP-derived Banking Industry Architecture Network (BIAN) » Traditionally focused on German-speaking countries; recently entered other geographies including Central Europe, Asia/Asia Pacific and Africa


General Info


HQ: Munsbach, Luxembourg | Ownership: Private | Founded: 1986 | # Known Sites: 33 | # Staff: N.A | Key Clients: Commercial Bank International (CBI), Volksbank, MCB Microfinance, Deutsche Bank, Raiffeisen


Risk Management Systems & Suppliers Report | www.ibsintelligence.com 11


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