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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 BANKS® users can now benefit from the integrated risk and profitability financial analysis that the riskpro™ solution offers.

“This standard interface is a big advantage for ICS-London BANKS®’ customers because they can get the single view on all financial risks that riskpro™ offers while running their business profitably and satisfying the regulatory requirements,” Rand Hashem, Managing Director at Pio-Tech said.

Andreas Jäk, Senior Advisor at IRIS integrated risk management confirms: “Such a standard interface reduces significantly the riskpro™ implementation time and within weeks the user can profit from the analytical capabilities of riskpro™.”

About ICS-London
ICS is a UK headquartered supplier of turn-key solutions in the financial services and health sector. Their core banking solution is used by over 48 financial institutions in Middle East and Africa

About Pio-Tech
Pio-Tech is a young system integrator and business solutions provider and one of IRIS’ business partners in the Middle East. Established in 2003, Pio-Tech is committed to provide innovative enterprise management solutions to its customers.

For more information about riskpro™ please visit: http://www.irisunified.com/index.php/eng/solutions/overview_of_riskpro

IRIS integrated risk management
Bederstrasse 1
CH-8027 Zurich
Switzerland

www.irisunified.com

Press contact: Florencia Delia Schmidt
info@irisunified.com

About IRIS AG
IRIS integrated risk management AG, founded in 1992 in Zurich, develops, implements, maintains and supports its state of the art integrated risk and financial analysis solutions. Delivery, implementation and consulting are executed worldwide ex Zurich and local offices, such as IRIS Middle East in Dubai and in cooperation with global and local 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.

For more information about riskpro™ please visit: http://www.irisunified.com/index.php/eng/solutions/overview_of_riskpro

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