Eurobank selected RiskAvert for the calculation and management of regulatory and economic capital. Through the Risk Management solution, Eurobank is able to generate relevant reports to the Bank of Greece and automate processes.
The solution implemented and customised cover both Head Office (Greece) processes as well as all the branches and subsidiaries abroad. The Bank uses an integrated solution for group-wide Risk Management modeling and analysis, which fully supports the financial institution’s regulatory compliance needs under Basel II/III. The selection of the system was based on the reliability of Profile Software’s proposed solution to the Bank’s needs, with the purpose of fully supporting its range of operations both in Greece and abroad, while delivering value for money.