FIS to run treasury and risk platform for Frankfurt International Bank

Frankfurt International Bank AG has selected FIS to provide its treasury and risk management infrastructure, with the German lender already live on the first part of the platform after a 10-week implementation. FIS said the bank is using FIS Treasury & Risk Manager, Quantum Cloud Edition, to support front-to-back treasury operations as it begins with cloud-based systems rather than on-premise technology.

The arrangement gives FIB a managed cloud platform for treasury workflows, including execution, settlement and lifecycle processing across key asset classes, according to FIS. The company said the system is designed to provide straight-through processing, controls and automation, reducing the need for the bank to build and operate its own on-site treasury infrastructure.

FIB is a licensed German bank based in Frankfurt am Main. The bank focuses on export finance and banking services for internationally active clients, including areas it describes as underserved by existing financing and banking infrastructure.

FIS framed the mandate as part of a wider move by newer banks to begin operations on cloud-based treasury systems. The company said financial institutions face higher IT costs, tighter regulatory expectations and more competition, making legacy on-premise treasury infrastructure a less attractive starting point for new entrants.

Andrés Choussy, president of capital markets at FIS, said treasury and risk teams are facing faster change as regulation, real-time settlement demands and operational complexity increase. He said FIB had chosen infrastructure intended to provide controls, automation and scale from the start of operations.

Florian Pointner, head of treasury at FIB, said the bank made its infrastructure decisions early because export finance and cross-border transactions require resilience and governance. He said the FIS cloud model allows the bank to direct resources toward client work while using a managed platform for treasury coverage.

Implementation support came from ALM Partners, which FIS said helped complete the project. Magpie also advised FIB, with Peter Woeste Christensen leading the design of the treasury target operating model and the selection of FIS Quantum as the platform.

Christensen said FIB went live with the first part of the solution after 10 weeks and described the project as evidence of demand for more standardized treasury products and processes, from trade execution through settlement. He also said the delivery reflected coordination between FIB and FIS.

Teemu Huotari, a manager at ALM Partners, said the 10-week schedule was ambitious and credited the project parties with meeting the go-live timetable. He said the combination of ALM Partners’ delivery work and the cloud-native FIS treasury system positioned FIB strongly in operational treasury.

For a start-up bank, a treasury management system sits close to the operating core. It records transactions, manages risk controls, supports liquidity and asset-liability processes, and links front-office activity with back-office settlement and reporting. A cloud-hosted model shifts part of the technology burden to the vendor’s managed environment, while the bank remains responsible for its treasury policy, governance and regulatory obligations.

This story draws on original reporting from Finextra Research.