Faysal Bank Limited has selected Bench Matrix to implement an automated Compliance Risk Management, Enterprise Risk Management and Risk Rating (ORR/FRR) System. This would help Faysal Bank to ensure comprehensive enterprise-wide compliance effectively along with regulatory reporting related to CAR, LCR & NSFR and workflow based automation of risk rating in its loan origination process.
RiskNucleus Regulatory Compliance will enhance the monitoring of Faysal Bank's compliance programme through a complete, automated and up-to-date rule book library mapped to analysed the key activities within the organization and enable compliance risk management, observation management and self-assessment.
RiskNucleus Enterprise Risk Management will also offer comprehensive functionalities to ensure that Faysal bank is adequately prepared to manage enhanced data maintenance and risk reporting requirements. The project covers capital adequacy ratio, LCR, NSFR and other liquidity monitoring tools.-PR
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