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FinArch

Get Company Profile at USD 99.00

Founded

1997

HQ

Merelbeke

Belgium

Europe (incl Russia)

Industry Segment

Company Status

Acquired

Description

FinArchprovides financial management software, offering a blend of domain expertise, operational services, and technology solutions that facilitate and accelerate financial institutions' implementation of cost effective and reliable financial management platforms. With its flagship Financial Studio, FinArch is positioned as a market leader in integrated risk and finance solutions. Financial Studio's scalable architecture and functionally rich, fully customisable modules deliver a single application with the tools banks need to manage, measure, and report all their financial activities. The integrated approach of the different modules (IAS/IFRS, Product Control, Liquidity Risk, ALM, Basel II, Basel III, E-Cap, regulatory reporting) guarantees economies of scale and efficiency of implementation. A common suite of foundation modules underpin the power and security of the Financial Studio FRP solution. In July 2012, FinArch was acquired by Wolters Kluwer. The valuation of FinArch was undisclosed. Other terms of the deal were not released.

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