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Dr. Sunil Kumar joins IRIS integrated risk management ag

Dr. Sunil Kumar

Dr. Sunil Kumar

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 for providing dedicated support for all the business activities in the Middle East, providing consultation and training. Our Middle East clients will greatly benefit from his previous extensive experience in the areas of consultation, training and product evaluation. Dr Sunil will focus on Banks, Insurance companies, corporate and government sector.

Before joining IRIS, Dr. Sunil was the Senior Faculty and Head of International Certifications responsible for strategic directions of the Emirates Institute for Banking and Financial Studies, UAE. He has specialized in risk management, Basel II, Islamic Banking and IT security in Banking. Dr Sunil is also a regular contributor for specialized media.

“We are very happy to have Sunil working with us in a booming market such as the Emirates. His experience and strong industry relations will certainly enable IRIS to win more customers in this market”, stated Andreas Jaek, Head of the Marketing and Sales division at IRIS.

About IRIS AG
IRIS integrated risk management ag (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.

About riskpro™
riskpro™ enables financial organizations to measure and monitor risk and profitability enterprise-wide with a single cost effective integrated analysis infrastructure. riskpro™ covers: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity risk Management and Analysis, Operational Risk.

These analyses cover all financial products, from saving accounts to exotic options, for any type of accepted valuation method. The underlying universal contract-centric data model and calculation engine of riskpro™ 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.

Contact: Lidia Suligoj, Marketing and Sales Coordinator, IRIS integrated risk management / +41-44-388 59 59 / info@irisunified.com / www.irisunified.com

About IRIS AG
IRIS integrated risk management ag (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.

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