[Mar 1, 2021] MCB Islamic Bank is now live with BenchMatrix’s RiskNucleus® Governance Risk & Compliance (GRC) Solution with the aim to digitize the bank’s compliance management processes.
The implementation of subject solution will automate Key areas of Compliance Risk Management.
MCB Islamic Bank Limited is the wholly owned subsidiary of MCB Bank Limited and commenced its banking operations in 2015 with a nation-wide network of branches. The aim of MCB Islamic Bank is to be the first choice Shari’ah compliant financial services provider for customers and to carry out business purely in accordance with Shari’ah principles with full conviction and devotion.
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.