Al Ahli Bank of Kuwait in UAE has selected BenchMatrix for the implementation of RiskNucleus® Operational Risk Management Solution.
ORM Solution will empower the Bank to effectively manage their operational risks within an enterprise risk framework. It combines powerful components of ORM, enabling organization to analyze, manage and mitigate operational risk in a simple and efficient manner. ORM solution will also provide Management of operational risk which is heavily dependent on manual processes and majority of the companies still struggle with the conventional tools for implementation.
Our single firm-wide solution automates the process of Incident Management, loss data & analytics, risk and control self-assessment, control testing, key indicators, capital charge calculation for operational risk and reporting.
About Al Ahli Bank of Kuwait
Al Ahli Bank of Kuwait (ABK), incorporated on the 23rd May 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.
