FRSGlobal

IBS Intelligence, September 2010 - Central Bank of Oman automates banking sector supervision and analysis with FRSGlobal.

FRSGlobal is supplying its regulatory reporting and risk management suite to the Central Bank of Oman (CBO), as part of the bank's Banking Oversight and Research Solutions (BORS) programme. The bank was not available to comment, but Roy Barnes, head of operations for FRSGlobal in the Middle East, says that the regulator wanted 'to introduce new systems to improve efficiency, tighten internal procedures and control, improve communications and raise the standards of banking supervision'.

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