The Bank of Khyber selects Benchmatrix for the implementation of Risknucleus® Governance risk & Compliance solution to meet Compliance Risk Management requirements of SBP - BenchMatrix

The Bank of Khyber selects Benchmatrix for the implementation of Risknucleus® Governance risk & Compliance solution to meet Compliance Risk Management requirements of SBP

[Sep 22, 2020] BOK has opted for BenchMatrix’s RiskNucleus® Governance, Risk & Compliance (GRC) Solution to digitize bank’s operations leading to efficiency in processes, compliance with regulatory requirements and market best practices.

The comprehensive solution will automate areas of regulatory activities and correspondences, compliance risk assessment, key risk indicators, control testing, observations management, questionnaires, breaches and penalties. The solution has been implemented at 11 banks in Pakistan.

BenchMatrix is a leading advisory services 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.

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