Athens, 30 June 2026 – Profile (ATH: PROF), an international technology group, has significantly upgraded its RiskAvert risk management platform by incorporating the new RiskAvert-Pillar III Reporting module, which automates supervisory disclosures and helps banking institutions meet continuously increasing regulatory requirements, delivering greater efficiency, accuracy and control.
As regulatory requirements continue to increase, financial institutions are called upon to enhance productivity and deliver high levels of consistency, transparency and responsiveness. RiskAvert-Pillar III extends the platform’s reporting capabilities for regulatory compliance, supporting the efficient production of supervisory reports aligned with the standards of the European Banking Authority (EBA).
By utilising the final supervisory Pillar I & Pillar II reports in Excel format as input data, the new functionality enables the easy generation of Pillar III reports, delivering a fully controlled and automated reporting process. At the same time, the system’s flexibility allows banking institutions to customise the structure of input files according to their own operational needs and each organisation’s specific formatting and presentation requirements.
RiskAvert-Pillar III is offered either as part of the comprehensive RiskAvert regulatory reporting solution or as a stand-alone module, enabling organisations to use it independently of their existing reporting system, ensuring flexibility and easy integration into existing IT ecosystems.
The new module has already been licensed both in Greece and abroad and has been implemented successfully.
By expanding the capabilities of RiskAvert, Profile enables banking institutions to manage Pillar III disclosure requirements more effectively, strengthening operational efficiency and the reliability of supervisory information.
About Profile
Founded in 1990, Profile is a specialised software solutions provider with offices in key financial centres and a presence in more than 50 countries across Europe, the Middle East, Asia, Americas, and Africa, delivering market-proven solutions to the Investment Management and Banking industries. Profile is recognised as an established and trusted partner by international industry specific advisory firms. Profile’s solutions enable organisations to align their business and IT strategies, whilst providing the necessary business agility to proactively respond to the ever-changing market conditions.
Follow Profile on LinkedIn.
Stay up to date by visiting the News & Events page and learn more about trending topics on the Profile Insights page.
For more information, please contact: Profile – Marketing Dept: E: [email protected]