Merita Bank Licences Sungard's Panorama Risk Management System


MERITA Bank, the Helsinki-based bank formed from the 1995 merger of Kansallis Osake Pankki and the Union Bank of Finland, is installing Sungard Capital Markets' Panorama to support its market risk management group.

Marco Halen, an assistant vice president at Merita, says the bank wanted a risk system that would run on Microsoft Windows NT-based PCs.

Merita considered several vendors, including Mountain View, California-based Infinity Financial Technology, he adds, but decided Sungard's Panorama

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