openPR Logo
Press release

Multilingual Operational Risk Management Solution

IRIS integrated risk management

IRIS integrated risk management

Zurich, May 30, 2007 -- IRIS integrated risk management announced the enhancement of its operational risk management offering. The OpRisk suite is now also available in Arabic, Bulgarian and Russian languages.

The operational risk management suite from Swiss company RCS has been further internationalized and is now not only available in English, German and some other West European languages, but also in Arabic, Bulgarian and Russian. Currently the system is being translated in various other exotic languages such as Kazakh, Persian, Georgian, Ukrainian and many others. This fact will warrant the persistent leading position of IRIS and its offering on international level not only in already developed markets but also emerging ones.

The driving force of this initiative, Nikolaj Tsenov, Sales Area Manager of IRIS commented: “what we understand for user-friendliness in an application has to meet the standards of understandability and bend the boundaries, not by homogenizing but by recognizing the differences and respecting them”.
Because the RCS OpRisk Suite enables financial institutions to proactively manage operational risks at every level of the enterprise, language should not hinder this flexibility.
Effective risk identification considers both internal and external factors, which could adversely affect the achievement of the bank’s objectives. By making this tool available in several languages we reduce the risk of misunderstandings caused by a possible language barrier.
The OpRisk Suite is a field-proven module tool which can integrate within one system collection of losses, risk self assessment, action tracking, monitoring of key risk indicators, and quantification. The web-based solution also produces tailor-made and fully integrated reports.

In September 2006 IRIS integrated risk management extended the coverage of its financial risk management platform with the Operational Risk modular product of RCS.
The application is offered and implemented by IRIS and its Business Partners as part of the overall riskpro™ analysis offering or as stand alone.

About IRIS AG
IRIS AG, founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ financial analysis infrastructure. Selling, implementation and consulting are executed worldwide by IRIS AG and in cooperation with a number of regional partners.

About riskpro™
riskpro™ enables financial organizations to measure and monitor risk and profitability enterprise-wide with a single cost effective unified analysis infrastructure. riskpro™ covers ALM, market and credit risk analytics including Exposure Analysis, Value at Risk, Funds Transfer Pricing, Dynamic Simulation, Basel I and II, Risk-Adjusted Performance Analysis, IFRS 39, etc. These analyses cover all financial products, from saving accounts to exotic options, for any type of accepted valuation method. riskpro™’s underlying universal contract-centric data model and calculation engine ensures precision and consistency in all results. riskpro™ is currently being used or implemented in over 230 small to large financial organizations in 20 countries.

About RCS Riskmanagement concepts systems
RCS Riskmanagement Concepts Systems, founded in 1999, is an independent privately held company incorporated in Switzerland. RCS develops and markets standard solutions for operational risk management, credit risk counterparty rating and insurance risk evaluation.
RCS has its headquarters in Zurich, Switzerland, which is also the exclusive software production location. RCS has sales representatives in Germany, Austria, Spain and Asia (Thailand).
The foundation of all standard system solutions forms the intelligent risk assessment methodology developed by RCS. This enables corporations a considerable increase in risk transparency previously impossible to achieve.

So far RCS AG developed namely the RCS OpRisk Suite and INTECRA™ products.

For information, contact:
Lidia Suligoj
Marketing and Sales Coordinator
IRIS AG
+41 (0)44 388 59 59
iris.info@iris.ch
www.irisunified.com

Dr. Hans-Peter Güllich
CEO
RCS Riskmanagement concepts systems
+41(0)44 445 29 00
hpguellich@risksys.com
www.risksys.com

About IRIS AG

IRIS integrated risk management (www.irisunified.com), founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ financial analysis infrastructure. Selling, implementation and consulting are executed worldwide by IRIS AG and in cooperation with a number of regional partners.

IRIS integrated risk management ag
Lidia Suligoj
Sales and Marketing Coordinator
IRIS integrated risk management ag
00 41 (0)44 388 59 59
iris.info@iris.ch
www.irisunified.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Multilingual Operational Risk Management Solution here

News-ID: 21398 • Views: 1354

More Releases from IRIS integrated risk management ag

First standard interface between riskpro™ and BANKS®
Zurich, June 25, 2008 –Swiss software developer IRIS integrated risk management and Jordan system integrator Pio-Tech announce the availability of a new standard interface between the data of ICS-London’ core banking solution “BANKS®” and the enterprise-wide risk and profitability solution riskpro™ from IRIS. The new interface gives access to all the risk and financial analysis functions of riskpro™ for the BANKS® core banking users in a modular way. With it
IRIS expands its presence in Eastern Europe
Warsaw / Zurich, February 12, 2008 -- IRIS integrated risk management AG, a Swiss-headquartered international provider of advanced risk and financial analysis solutions for banks, insurers and corporations, announced today the creation of a sister company in Warsaw, Poland. The company, IRIS integrated risk management Polska Sp. z o.o., is active with a team of six since January 2008. Its mission is the local support and consulting of the existing
Dr. Sunil Kumar joins IRIS integrated risk management ag
Zurich, August 27, 2007 -- IRIS integrated risk management (irisunified.com) announces the appointment of Emirates Institute for Banking and Financial Studies’ former Senior Faculty and Head of International Certifications, Dr. Sunil Kumar. Dr. Sunil will contribute to the business development, brand building, consultation, and strategic evolution of IRIS in the Middle East region. He will be based in Dubai acting as a frontal point of contact for IRIS, being responsible
Ri$k Capital and Credit Risk 2007
IRIS will exhibit at Ri$k Capital 2007. Visit our stand in Hilton Paris from June 25 to 28. Join the experts on practical drilldown, implementation techniques and methodological advances in risk management and capital allocation for credit, market and operational risks. Information and registration to the event under: http://www.icbi-uk.com/riskcapital/ Or visit IRIS integrated risk management at Credit Risk 2007: the 12th European Credit Risk Conference, Marriott Vienna! This year, the

All 5 Releases


More Releases for RCS

Rich Communication Services (RCS) Market revenues worth $11.7 billion by 2025
According to a new market research report "Rich Communication Services (RCS) Market by Application (Advertising Campaign, Content Delivery, and Integrated Solutions), End-User (Consumers and Enterprises), Enterprise Size, Enterprise Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Rich Communication Services Market size projected to grow from USD 5.2 billion in 2020 to USD 11.7 billion by 2025, at a CAGR of 17.6% from 2020 to 2025. Major
RCS: Everything you need to know right now!
How many unread advertisement e-mails do you have in your mail account? And how many of those start in the spam folder and end up deleted without ever being read? Probably more than just a few. The opposite can be said about mobile messages and especially SMS. Around 98% of SMS are read because they signal importance and urgence. So naturally the next big trend in mobile messaging, RCS, is
HDFC Bank Ltd. collaborates with Route Mobile Limited to showcase RCS Business M …
HDFC Bank Ltd. (“HDFC Bank”), one of India’s largest private sector bank has partnered with Route Mobile Limited (“Route Mobile”) to showcase Rich Communication Services (“RCS”) on Google’s RCS Business Messaging platform at Mobile World Congress (MWC) 2019. Route Mobile is among the leading cloud-communications platform service provider to enterprises, over-the-top (“OTT”) players and mobile network operators. RCS is an upgrade to SMS on a global scale. Users can now access
Global Containers Market 2018 - Eldapoint, SEA BOX, RCS Group, BSL Containers
Apex Market Reports, recently published a detailed market research study focused on the “Containers Market” across the global, regional and country level. The report provides 360° analysis of “Containers Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Containers on the basis of
3Cinteractive Announces Industry's First RCS Business Messaging Engagement Platf …
Today, 3Cinteractive (3C), the leading provider of mobile marketing services for enterprise businesses, announced the mobile industry’s first A2P Rich Communication Services (RCS) messaging engagement platform. This platform is an extension of 3C’s existing mobile engagement platform, enabling brands to orchestrate and deliver the next generation of A2P messaging created by RCS capabilities. As a much-anticipated upgrade to the current SMS experience, RCS is poised to become the global messaging standard
Rich Communication Services (RCS) Market Investment Research Report 2025
Rich communication services is the platform that allows delivery of communication beyond voice and sms. It is an IP multimedia subsystem based platform that enables mobile operators to provide enhanced communication services includes instant messaging, chat, content sharing, IP video call, VoIP, document exchange and others These services enables consumers to interact with instant chat or messaging with one to one or groups and allows them to share file or