...Bank Relationship Management specialist further expands It's business in the European market...

Basel, 2 November 2010 – Vallstein AG, the specialist in bank relationship management (BRM) solutions, is driving its business in Europe through sales expansion into the UK market. By utilising its proven WalletSizing® solutions, the company is helping many European corporations manage the relationship and value they are getting from their banks, especially in the current challenging corporate finance environment, and is now bringing these benefits to UK businesses.

The Vallstein WalletSizing® approach represents a breakthrough in BRM. Based on expertise and proven software functionality, Vallstein’s WalletSizing solutions provide corporations with a holistic approach to solving the challenges of everyday BRM. Using this approach, businesses are able to gain a vital information lead, as the solutions provide insight into the revenues and returns (Return on Solvency, ROS) generated for each bank, analysis of impact on ROS for different scenarios, quality rating on service levels and issue management to improve qualitative conditions on an on-going basis. This allows corporations to execute like for like comparisons of all bank relationships at different levels, making instant identification and execution of optimization opportunities possible and creating significant business value. For the first time CFOs and Treasury Officers have an informed and structured way of selecting banks and products at market conditions (and even beyond) and to improve negotiations. This helps companies in the current tough credit market negotiate far more effectively with banks for lending and other funding facilities and include cash management products, trade, treasury well as the charges they have to pay.

Patrick Adams, Chief Commercial Officer at Vallstein, said: "In the current economic climate businesses have two main issues with banks, one is the cost of funding and services, and the other is the ability to get credit to support daily business and investments. Our WalletSizing solutions empower corporations to benchmark the banks they work with and also give them the ability to negotiate the best pricing by giving them a holistic view, resulting in overall visibility and actionable information. We are very excited to be able to bring our BRM solutions to the UK and look forward to helping businesses in this market gain the benefits that we can bring to them."