News

ejinsight: Why commercial real estate sector needs proptech solutions now

Original article

When it comes to tech adoption, the commercial real estate (CRE) industry has typically lagged behind other sectors. However, over the past few years the industry has begun to take property technology - or proptech - seriously. Last year, proptech start-ups raised US$625.9 million in APAC, and in 2018 this figure was a record-breaking US$1 billion.

The industry has come to embrace technologies that include artificial intelligence (AI), augmented reality (AR) and the Internet of Things (IOT). And the applications of these solutions have also been far reaching - ranging from smart property management to office space design.

But the adoption of technology has been uneven across the sector. Some aspects, such as facilities management, have taken to innovations more easily. However, the investment and transactions side of commercial real estate have remained more resistant since leasing professionals prefer to meet in person to share data with clients, rather than using technology.
Solving the day-to-day pain points
For example, when making leasing and investment deals, CRE professionals are still largely reliant on physical visits.

Read more at ejinsight.com ->

December 2nd, 2020|

Asia Looks to Cloud Computing

In the December 2012 issue of AsiaRisk magazine, Risk Integrated is featured in a lengthy article on vendors providing their services via cloud computing. For many banks in the region, cloud computing is the latest, greatest innovation in computer technology. The creation of huge pools of processing and data management resources, made available online and on demand, are expanding their access to complex technology otherwise not affordable or manageable in-house.

AsiaRisk_CloudComputing_19Dec12

February 13th, 2013|

German Bank, pbb Deutsche Pfandbriefbank, Selects Risk Integrated’s SaaS Offering for Risk Reporting

We are pleased to announce that the German Bank, pbb Deutsche Pfandbriefbank, has selected our flagship Specialized Finance System (SFS) SaaS solution. pbb is using our SFS SaaS, which is a fully outsourced solution, to further improve the effectiveness, quality and management of the risk reporting on their commercial real estate loans and the portfolio’s risk profile.
“In the past there has been a hesitation from banks to outsource risk reporting services because of the security issues involved with sharing and exporting data,” said Dr. Yusuf Jafry, CTO Risk Integrated. “However, data centers have dramatically improved their security measures to meet the requirements of banks and external regulators. With these system security assurances, banks can take advantage of Risk Integrated’s outsourced service.”
SFS SaaS comprises the same SFS software that would have been installed in-house at the bank, instead it is deployed in an accredited partner data-center. Secure, encrypted network connectivity between the data center and the bank network ensures system security.
The Risk Integrated SFS SaaS core model is customizable, and can be personalized to meet each bank’s unique needs. As such, risk managers can create an edge over their competitors by customizing the model specifically for their requirements.
About pbb Deutsche Pfandbriefbank
pbb Deutsche Pfandbriefbank is a leading European specialist bank for real estate finance and public investment finance. The main funding instrument is the German Pfandbrief, of which the Bank is one of the largest issuers in the market. pbb Deutsche Pfandbriefbank is active in markets in Germany and other European countries. www.pfandbriefbank.com.

November 5th, 2012|

Using the Cloud for Risk Management

What possible relevance can cloud computing have for commercial real estate? It turns out, quite a lot. Commercial real estate is a complex asset class and computers can deal with complex problems. Cloud computing makes it possible to deal with very complex problems such as understanding the risk in commercial real estate portfolios. Please click here to read the full article published in Real Estate Finance & Investment.

August 9th, 2012|