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.