Case Study: Íslandsbanki achieves scalable, lower‑cost treasury trading and stronger risk management with Finastra's Fusion Treasury and Fusion Risk

Íslandsbanki Strengthens Treasury Trading and Risk Management

Íslandsbanki, a leading Icelandic bank, faced a potential surge in treasury and FX trading after the government announced the lifting of capital controls and needed to meet incoming regulatory requirements such as MiFID and MiFID II. To prepare its trading operations and compliance posture, the bank worked with Finastra to upgrade its treasury platform, using Fusion Treasury (with Fusion Advance services) and planning deployment of Fusion Risk.

Working with Finastra’s advisory and Global Services teams, Íslandsbanki migrated to the latest Fusion Treasury version (leveraging Fusion Advance Premium) and is implementing Fusion Risk for risk analysis and reporting. The Finastra-led upgrade enabled significantly higher trading volumes to be processed with greater automation, simplified workflows and reduced cost‑per‑trade, improved pricing and risk control, faster risk insight, and the prospect of much higher straight‑through processing rates.

Íslandsbanki

Björk Ölversdóttir

IT Project Manager and Business Analyst, Corporate and Investment Banking