Profile Software leads in Risk Management solution
Profile Software, an international financial solutions provider has announced of its launch of RiskAvert, advanced regulatory capital calculation and reporting platform.
A statement from the company described the product as “ a comprehensive Basel II/III solution addressing the calculation, group consolidation and reporting of credit, market and operation risk.”
Built on the latest widely used technologies, ensures seamless integration of the Financial Institutions’ data sources, scalability and unique user experience, it said the solution is designed to accommodate the ever growing pressure on FI to produce accurate and timely regulatory reports, while delivering streamlined processes and greater risk insight.
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“Its sophisticated credit risk engine measures and reports on regulatory credit risk capital under all approaches, thus allowing the Bank to evolve from the Standardised towards the IRB approaches.
“Also, its highly effective and customisable CRM Allocation engine enables the optimisation of Credit Risk Mitigants for minimising capital requirements.
Profile Software has been in the fore front of sponsoring wealth management solution recently in the Middle East is a leader in multi-faceted soiluion products.