Post by account_disabled on Feb 22, 2024 6:01:56 GMT
FIS's risk management system is specifically designed to identify analyze control and minimize the risks inherent in banking activities. Risk classification is made taking into account the characteristics of the business. For accurate identification FIS offers effective tools for setting up interaction between different departments of the organization and the central office. This allows for timely transmission of information about risk events identified by various departments. Platform functionality The FIS Risk Management solution allows you to measure and monitor the effectiveness of work aimed at reducing risks.
Collect data on risk events associated losses and compensation; calculate Mexico Phone Number key risk indicators; create a bankcompany risk profile; conduct a survey self-assessment of the results of working with the system ; carry out risk assessments based on all available data sources; make adjustments to business processes if necessary generate summary reports. The most important priority for the further development of the System is to ensure compliance with the current and future requirements of the regulator and at the same time with the internal methods of the financial institution for working with risks.
The current version of the System takes into account all current requirements adopted at the regulatory level as well as the experience of its practical implementation in the largest Russian banks. The uniqueness of the FIS solution "FIS Risk Management" is based on the No-code platform which makes it easy to integrate the product with most external systems such as accounting systems and others. The parameters of application modules are managed taking into account the specific requirements of the client his type of activity and the requirements of the business project.
Collect data on risk events associated losses and compensation; calculate Mexico Phone Number key risk indicators; create a bankcompany risk profile; conduct a survey self-assessment of the results of working with the system ; carry out risk assessments based on all available data sources; make adjustments to business processes if necessary generate summary reports. The most important priority for the further development of the System is to ensure compliance with the current and future requirements of the regulator and at the same time with the internal methods of the financial institution for working with risks.
The current version of the System takes into account all current requirements adopted at the regulatory level as well as the experience of its practical implementation in the largest Russian banks. The uniqueness of the FIS solution "FIS Risk Management" is based on the No-code platform which makes it easy to integrate the product with most external systems such as accounting systems and others. The parameters of application modules are managed taking into account the specific requirements of the client his type of activity and the requirements of the business project.