BNP Paribas in Poland opts for Wolters Kluwer’s OneSumX
Bank BGZ BNP Paribas expands partnership with risk management software vendor Wolters Kluwer
Poland-based subsidiary of the BNP Paribas group, Bank BGŻ BNP Paribas, is automating its risk management ops with Wolters Kluwer’s OneSumX solution.
OneSumX will support asset and liability management (ALM), liquidity risk management and funds transfer pricing (FTP) at Bank BGŻ BNP Paribas.
The parties already have a long-standing relationship – BNP Paribas has been using OneSumX’s components for many years across its international locations, whilst Bank BGŻ has been its long-standing user in Poland.
Bank BGŻ merged with BNP Paribas in 2015.
“We required leading technology to ensure the very best in modern risk management practices,” comments Jarosław Rot, managing director at Bank BGŻ BNP Paribas.
Other recent takers of Wolters Kluwer’s OneSumX include another Polish bank, Bank Pocztowy, and Sberbank, Russia’s largest bank.
