London, UK, May 11th, 2022, RiskLogix, an enterprise governance, risk management and compliance solution provider, today announces a strategic relationship with one of the leading banks in Kuwait to provide integrated risk solutions focused initially on Operational Risk Management. This is another major win adding to the many new customers joining the RiskLogix user base over the last 5 years across the globe. It will provide the Bank with comprehensive solutions to its risk processes with a view to ensuring all risks are managed and monitored to reduce exposure across all types of risks. The relationship will form a further step of Bank’s digitisation strategy.
“Our Operational Risk function is key to ensuring our organisation is compliant with the financial regulations and that we can operate efficiently as a business reducing impact and risk exposure connecting people processes and technology to provide a sound governance foundation” the Risk Manager in-charge stated.
Richard Brooks, Chief Revenue Officer at RiskLogix said, “We are delighted to be working with one of the renowned banks in Kuwait to help the Bank strengthening their GRC objectives. The RiskLogix ERM platform will be initially used to deliver Operational Risk Management and provides a platform to add additional risk needs. The comprehensive functionality, integration and core components within our solution has enabled many of our regulated customers to expand their GRC coverage in this way simply and easily’.
NOTES TO EDITORS
Founded and built by risk professionals with significant hands-on financial services industry experience, RiskLogix is known for its deep expertise, innovative approaches and partnership culture. Focused explicitly on the financial services industry, RiskLogix has built an international client base from its home near Old Street, in the heart of London’s FinTech and RegTech quarter.
For more information please visit: risklogix-solutions.com