Al Ahli Bank of Kuwait in Egypt Selects BenchMatrix’s Operational Risk Management Solution

BenchMatrix has achieved another milestone and marked its footprints in Egypt and on boarded one of the largest banks of MENA region. Implementation of our proprietary Operational Risk Management Solution will assist the bank to meet regulatory requirements of Central Bank of Egypt and to keep track of rules, regulations, activities and monitor their completion.

ORM Solution will empower the bank to effectively manage its operational risks within an enterprise risk framework, enabling the Risk Champions to analyze, manage and mitigate operational risks in an efficient manner. The system will also assist the management to shift from manual processes of conventional tools to automation.

Our comprehensive solution automates the process of incident management, loss data & analytics, risk and control self-assessment, control testing and key risk indicators.

About Al Ahli Bank of Kuwait

Al Ahli Bank of Kuwait (ABK), incorporated in 1967, has grown to become one of the most respected and innovative Banks in the region, providing a wide range of financial and banking services and products across all its markets in Kuwait, United Arab Emirates and Egypt.

With a clear regional vision of strong leadership, simpler banking, and unrelenting focus on continual renewal and investment in its customer service, banking products, and technology upgrades, ABK has set new benchmarks for banking in the Middle East and is well positioned to continue this path in the future.

About BenchMatrix

BenchMatrix is a leading advisory services and automated Governance, Risk & Compliance (GRC) technology provider with a focus on developing practical and effective solutions for organizations. The team has several full cycle implementation experiences in multinational organizations with success stories in France, Romania, Canada, Malta, Turkey, Bahrain, Qatar, Saudi Arabia, UAE, Kuwait, Pakistan, Algeria, and Tunisia.

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