Case Study: Chang Hwa Commercial Bank achieves enhanced stability and future‑proof risk management with Finastra's Kondor upgrade

Strategic continuity and enhanced risk management capabilities (Chinese)

Chang Hwa Commercial Bank, a Taipei‑based bank established in 1905 with US$90.1 billion in assets and 198 branches, faced a complex mix of regulatory, technology and market pressures in 2019 — including tougher FSC rules requiring a 100% liquidity coverage ratio and net stable funding ratio above 100%, the LIBOR transition, and the need to move from physical servers to a virtualized environment. To address these challenges the bank partnered with Finastra and elected to upgrade its core treasury platform, Finastra Kondor.

Finastra delivered Kondor 3.4.9 (including Kondor Back Office and Kondor Risk capabilities and the RFR module), migrating the system to a virtual machine and coordinating cross‑division testing and rollout. The upgrade, executed on time, delivered measurable benefits: greater system stability, stronger risk management and information‑security controls, streamlined processes, and alignment with FRTB/Basel III and the LIBOR transition — helping Chang Hwa Commercial Bank move toward meeting the FSC’s 100% LCR and NSFR >100% requirements.

Chang Hwa Commercial Bank

Yu-Li Teng

Head of Treasury Division