Summary:
This Bulgarian company is looking for partners across EU to promote and/or assist users to take up and use its products. Ideal partners would be software retailers, IT consulting companies or other companies with connections to the area of finance and risk management, under a commercial agency agreement. Another partnership sought is joint venture agreement with IT companies from the EU with knowledge or interest in the development and implementation of financial instruments.
Description:
A Bulgaria based software SME develops and maintains two own advanced software systems as well as single modules for financial institutions across Europe, e.g. banks, insurance companies, pension funds and others. The main principle is
to offer products and services with a proven quality. The company has been on the European financial market since 1993 and has many successful transnational cooperation IT projects. It also has big, well-known end customers in Germany,
Switzerland, Austria, UK, Slovenia, Bosnia and Herzegovina, Bulgaria, etc.
This IT company is from North-east of Bulgaria and has a long-standing experience in developing, implementation and maintenance of advanced software solutions for assessment of financial instruments for financial institutions in Europe.
The software systems offer the following advanced financial modules - portfolio management, market data and scenarios, asset liability management (ALM) instruments, ALM analysis, market risk Basel III, internal models, operational risk Basel III, credit risk Basel III, solvency II, private & corporate rating, retail scoring, etc.
The specific technical advantages of the offered software systems are:
- Flexibility- over 120 model scripts that control the GUI, the database structure and the business logic.
- Support of large sets of databases, e.g. Oracle, MS SQL, DB2, Teradata, My SQL etc.
- Runs as Windows application or internet server application; can be accessed via web browsers, including tablets and smart phones.
- Flexible configuration: licensing of modules and defining settings for the work environment context, as well as nomenclatures, such as currencies, cities, countries, etc.
- Multi-user mode, including user rights over objects, through roles.
- Multi-entity mode based on protected hierarchical bank entities or business centres.
- Local configuration and setting of work environments in each entity.
- Support of historical data sessions, administration time stamps and 4-eye confirmation.
- Batch mode and management of calculation sequences, including timer control.
- Flexible multi-window and multi-language GUI (graphic user interface), including a multi-language translation tool for models and GUI; encryption / decryption of model scripts and configuration files; visual model editor defining the GUI (e.g. fields, grids, trees, graphics, images, windows, etc.).
- Easy and quick access to internal data and navigation using memory buffers and stored paths.
- Direct access to different external databases or internet servers.
- Importing of external data via the importer module, including incremental import.
- Building flexible reports using a reporting tool (Crystal Reporter), OLAP (Online analytical processing) reporting and
QlikView.
- Notification tools, sending SMS messages, e-mails and automatic text invoice messages.
- Structured Monte Carlo simulation for internal models for market, credit and operational risk.
- Online help and tool-tip system.
- Neural network for clustering and prediction of time series.
- Parallel version, using available processor cores for simulation and group calculation.
- 32-bit and 64-bit versions available.
- WEB Services accessing the software system from user-specific applications via SOAP (Simple Object Access Protocol).
The company is looking for partners with a broad network in European financial institutions to help the company to find new customers and disseminate the software under commercial agency agreements and to act as a re-sellers / software implementer, and thus earn a commission.
Also desired is cooperation with other IT companies with established customer’s network to jointly develop and integrate software solutions in other areas than finances (e.g. Healthcare and others) under joint venture agreement.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The company seeks partners for its products such as software retailers or IT consultancies that can promote the products to their clients and act as commercial agents. Ideally the partners would already have experience in marketing and reselling of financial software for risk management.
Partnership is offered to other IT companies through joint venture agreement where both partners will develop new software products.
Technical Specification or Expertise Sought:
Knowledge in risk management and controlling, portfolio and asset management, treasury, private banking, hedge accounting, fund management, asset liability management and collateral management.
Stage of Development:
Already on the market
External code:
BOBG20200331001
