MünchenerHyp is one of the leading German experts for long-term property finance and a member of the Cooperative Financial Network. In recent years, as a leading financial institution, MünchenerHyp has been faced with an increase and tightening of regulatory parameters and obligations within their business activity, such as The Supervisory Requirements for IT in Financial Institutions (BAIT), MiFID II and Basel IV.
After a thorough RFP process headed by FORRS, an independent consulting boutique, MünchenerHyp decided on the implementation of NeoXam DataHub as a centralized EDM solution.
«With NeoXam DataHub we have full autonomy over our workflows and data processes. The ability to deploy the capabilities of the solution to the new challenges we face is a key benefit for us in our activities. As example, the recent business-critical migration of LIBOR to alternative benchmark rates was swiftly and seamlessly accomplished. Overall, the release changes and upgrades are neither resource intensive nor costly. Our expectations of NeoXam DataHub which we set at the beginning of our project have fully been met. »