IDFC takes Misys for asset-liability management

Misys Banking Systems has installed its Almonde asset and liability management system at Infrastructure Development Finance Company (IDFC). The Indian bank will use Almonde to manage interest rate and liquidity risk from its head offices in Mumbai.

The system went live following a successful off-site test. The implementation required complex data modelling and integration with existing internal systems, such as the bank’s core treasury management platform. Hemant Manuj, director of risk at IDFC

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