Euro bank upgrades reporting systems

Luxembourg bank selects provider

HVB Luxembourg, a bank of the UniCredit Group, has picked FRS's FinancialAnalytics software to support common reporting (COREP) and financial reporting (FINREP) Standards. COREP and FINREP are guidelines set out by the Committee of European Banking Supervisors (CEBS), to homogenise, simplify and accelerate the exchange of financial information.
By implementing FinancialAnalytics software, HVB Luxembourg will be able to consolidate its financial reporting onto a single database. The bank has

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