CBA enhances risk management and dealing technology

The Commonwealth Bank of Australia (CBA) has carried out a series of initiatives aimed at enhancing efficiencies in its dealing and risk management operations.

The bank has purchased the complete Kamakura Risk Manager (KRM) enterprise risk management software suite including credit risk, market risk and asset and liability management simulation software. These will supplement a transfer pricing module, KRM-tp, bought last year.

“We are now processing over 16 million transactions daily through our new transfer pricing system, with KRM being the cornerstone for generating the transfer price rate on all transactions,” said Steven Carritt, general manager for asset and liability management in CBA's treasury unit. “The transfer price rates from KRM go straight into the group data warehouse and are used for the key calculations in measuring all forms of internal profitability – whether it is for a business unit, a product or client.”

CBA has also gone live with SunGard/Front’s eGlobalTrader, a browser-based dealer distribution system for front-office deal capture of foreign exchange and money markets. The bank’s distribution dealers in nine dealing rooms - Sydney, Melbourne, Brisbane, Adelaide, Perth, Christchurch, Tokyo, New York and London - will use the system for pricing, capturing and processing customer-driven foreign exchange transactions, including spot, forwards, swaps, FX extension/pre-deliveries and multi-currency money market loans and deposits.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here