Sindh Bank goes live with BenchMatrix’s RiskNucleus® Compliance Risk Management solution – BenchMatrix

Sindh Bank goes live with BenchMatrix’s RiskNucleus® Compliance Risk Management solution

RiskNucleus® Compliance Risk Management Solution has been successfully implemented at Sindh Bank to digitally transform the bank’s operations in order to achieve efficiency in processes, regulatory compliance, and adherence to standard practices.

RiskNucleus is a well-integrated system that allows risk managers to effectively assess, monitor, and identify risks and controls within the organization. The comprehensive solution includes Regulatory Library, Risk Control & Self-Assessment, Regulatory Correspondence, Observations, Key Risk Indicators, Control Testing, Self-Certification Questionnaires & Incident Management modules.

RiskNucleus® is a web-based, modular fully configurable, and integrated application that streamlines the process of Operational Risk Management, Governance and Compliance, Enterprise Risk Management, Credit, Market & Liquidity Risk Management, Anti-Money Laundering, Business Continuity Planning, and Online Training according to organization’s needs.

About Sindh Bank:

Sindh Bank Limited was established on October 29, 2010, with a seed capital of Rs.10 billion, wholly subscribed by the Government of Sindh (GOS). It commenced full-scale banking business in April 2011 and within just eleven years, emerged as one of the fastest-growing commercial banks in Pakistan, having established 330 online branches spread over 169 towns and cities across Pakistan. Out of these, 14 branches are dedicated to Islamic Banking.

Sindh Bank is being headed under the leadership of Mr. Imran Samad. Mr. Samad joined the bank as its President & CEO in September 2019.He has more than 30 years of experience in Banks/Financial Institutions as President & CEO, Managing Director and as Senior Executive/Group Head in the areas of Credits, Portfolio Management, Retail Banking, Corporate Finance, Islamic Banking, Agriculture Finance, SME, Micro Credit, etc. He is a visionary banker with a proven record of execution.

About BenchMatrix

BenchMatrix is a leading advisory service and technology provider with a focus on developing practical and effective solutions for organizations. The company is servicing more than 50 financial institutions through its offices in Canada, Pakistan, Saudi Arabia, UAE, and Bahrain and has more than 100 full-cycle implementation experiences in multinational organizations with success stories around the globe including Europe, Africa, North America, and Asia.

Sindh Bank IT Head

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