


Changes in the financial markets and new customer behavior are forcing every cooperative bank to evolve the methods and technologies it uses to manage the entire bank. In addition to bank management tasks, the institutions must review their investment activities on money and capital markets in order to manage risks in customer business more reliably and better exploit the potential of proprietary business.
Cooperative banks will still have to deal with the implementation of new supervisory requirements for some time to come, even though the publication of new rules may have passed its peak. While ParcIT and Fiducia & GAD gradually deliver the conceptual design and implementation of increased regulatory requirements in “Agree21” and “VR-Control”, implementation is the responsibility of the individual institutions.
As a result, almost all bank management tools will change. Managers and employees are confronted with new challenges in bank management. Further training, retention and recruitment of employees are critical for an institution’s future viability.