The solution has been built using the SEMI methodology where the granular data extracted from the banks’ source systems once, can be subsequently reused for multiple diverse applications by the bank.
Biz$core Compliance and Risk Management Pack provides banks with a versatile solution to effectively address their Risk/Compliance Management and Compliance Reporting challenges.
Mr. Ravi Raman, Chief Solution Evangelist, iCreate said, “The SEMI concept based on which the Biz$core Compliance and Risk Management Pack has been engineered, ensures that the data extracted once can be subsequently used for critical banking requirements across risk, compliance and reporting.”
Mr. Sunny Malhi, Head of iCreate’s Banking GRC Solutions Suite added, “The new Biz$core Compliance and Risk Management Pack is designed for banks in the UAE to effectively address the two critical areas of Risk Management and Compliance Reporting with one single solution. This makes it exceptionally attractive for banks looking for an integrated, ready-to-deploy, enterprise-grade banking solution with a competitive TCO.”
iCreate has also published a white paper detailing the SEMI concept in leading banking journals.
Saturday, May 25- 2013 @ 12:32 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.