Sumitomo Mitsui Trust Bank Completes Transition of Credit VaR System from On-Premises to SaaS
3 JULY 2024 – Tokyo – Numerical Technologies (“NumTech”) has announced that Sumitomo Mitsui Trust Bank, Limited (“Sumitomo Mitsui Trust Bank”) has transitioned its credit VaR system, previously used as an internal model for credit risk management, to NumTech’ NtSaaS® for Credit Risk.