Zenshinren International Installs FSD's Simular Risk/CAD System


London-based bank Zenshinren International has licensed Financial Systems Development's Simular, a Microsoft Windows-based risk management system for interest rate instruments.

Zenshinren will use the FSD software to comply with the European Union's Capital Adequacy Directive (CAD), which comes into effect as of January 1 next year.

Once the Japanese-owned bank is satisfied with its CAD efforts, it plans to extend Simular's risk management capabilities to other areas, say Zenshinren officials.


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