Wolters Kluwer wins system selection at Bank of Jordan
Risk management software vendor Wolters Kluwer says its OneSumX system won Bank of Jordan’s tender. OneSumX will support the bank’s liquidity risk and asset and liability management (ALM) operations.
Saleh Hammad, CRO at Bank of Jordan, says the vendor was chosen “based on its strong reputation and risk expertise”.
The bank will use the OneSumX for balance sheet modelling, risk measurement, risk management and regulatory compliance.
The solution will connect to the ICBS core banking system, provided to Bank of Jordan by regional vendor BML Istisharat. For payments, the bank is a long-standing user of ProgressSoft’s software, Banking Technology understands.