Switzerland, 30. November 2015: One of the major Swiss Banks has extended its Framesoft Contract Repository (FCR) installation. FCR was so far mainly used for requesting and managing master agreements and netting processes.
FCR is now being used to support the agremeent request and management process for another affiliate, keeping sensitive master agreement data separated, but leveraging the benefits of the existing FCR installation. Due to addressing this additional business case the FCR user base has been extended to new business areas and FCR has been aligned more closely with in-house systems.
The implementation of the upcoming FCR release addressing most recent regulatory requriements is scheduled for Q1 2016.