FRSGlobal

FRSGlobal is the only provider of risk management and regulatory compliance solutions on a single, unified platform. Why is that important?

Firms now realise that a major part of the problem that resulted in the financial crisis was not being able to get a clear picture across a company's entire operation. Firms recognise that to overcome these issues they need a more sophisticated and holistic platform that serves to gain full oversight, integrate all types of risk and create an environment where internal and external reporting are "as one". Read the 'points of views' from our CRO, CFO and Head of Regulations.

In a recent press release, Mark Bagnall, Head of IT, EFG International explained: "We have a high volume of business across a wide range of financial products in numerous countries, which requires detailed, accurate and regular reporting to the local regulators. To do this we have to use data from a wide range of disparate systems which can be inflexible to upgrade when faced with frequent regulatory changes. With FRSGlobal's solution we can feed these different sources into a central repository that harnesses financial intelligence across our global enterprise, while maintaining the country-specific requirements of the local regulators."

The FRSGlobal solution meets these NEW requirements with a combination of:

• Software modules that operate on a single unified platform:
  DataFoundation, CalculationEngine, RiskPro, RegPro
• Content: fully defined data model replicating financial institutions' operations, regulatory reports as defined by regulators in 40+ countries, risk models and algorithms for 9 areas of risk
• Expertise: our Centre of Risk & Regulatory Excellence comprises 100+ business analysts all around the world that have banking and IT experience of implementing SOLUTIONS in financial institutions
• Guarantee: above and beyond the standard software maintenance, FRSGlobal provides subscribing clients with reports reflecting regulatory changes as they occur