DGZ DekaBank is to implement Misys International Banking Systems' (Misys IBS) Risk Vision solution for control of credit risks and exposure management.
DGZ DekaBank - which reviewed 30 seperate packages during a nine-month search - will initially install Risk Vision at its Frankfurt headquarters to support its trading and lending businesses. The system is scheduled to be operational during the first quarter of 2003.
The bank, whose business focuses predominantly on the provision of wholesale banking and fund management services, also maintains international branches in Luxembourg, Zurich and Dublin.