Financial Institutions and Banks
Financial institutions are exposed to various types of risks (market, credit, operations, liquidity, reputation, etc.) and are subject to a multitude of regulations (Basel 3, Mifid, EMIR AML, CRBF 97, etc.). These various risks require transversal analysis and control and should be managed while avoiding the silo mode.
eFront offers a solution dedicated to banks that incorporates risk management into the very heart of a company’s strategic, financial and operational decision-making processes. Our solution allows financial institutions to achieve the following goals:
- Financial performance, profitability and solvency
- Optimization of processes
- Transparency and image management
- Regulatory compliance
With its governance, global risk management and compliance solutions, eFront enables banks to:
- Secure their financial results
- Profits , banking receipts, balance sheet
- Optimize the allocation of their capital stock
- Guarantee their share price and reputation
- improve or maintain their rating (refinancing costs)
- Rating agencies include the assessment of enterprise risk management systems in their rating criteria.
- Have control indicators for top management that can be used to assess exposure to risk
- Optimize organizations and processes
- Comply with the regulations (Basel 3, CRBF 97)