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Asian bank buys Fernbach solution

In late August, Fernbach Software, a provider of IFRS compliance and enterprise-wide value and risk management systems, announced that its FlexFinance IFRS solution has been purchased by Industrial and Commercial Bank of China (ICBC), Asia to fulfill all of the bank's IFRS requirements, including cash flow generation, effectiveness testing, calculations, posting and reporting. ICBC (Asia) is a

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