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Epirus Bank accelerates its risk managementeNewsletter Winter 2022

Epirus Bank in Greece selected RiskAvert, to better comply with the European Regulatory Framework for capital adequacy (CRR 2/3 - CRD V / VI) in the areas of Credit and Operational Risk, Liquidity Risk and Large Exposures.

The selection of RiskAvert was crucial towards deploying better business practices adhering to the latest regulatory framework, automating the Bank’s processes of capital calculation and report production. At the same time, the use of RiskAvert, will enable them to converge business practice with supervisory requirements, thus allowing them to save time and resources, substantially strengthening the banks’ effort to become a key player in the wider area.

RiskAvert is a market-proven and flexible platform that comprehensively covers the capital requirements calculation (Credit, Operational, Liquidity and Concentration Risk, Pillar II & III) and generates reports according to the requirements of the regulator, thus becoming the ideal tool for successful management of capital adequacy.

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