Attica Bank has chosen Profile Software’s risk management system for regulatory capital calculation, liquidity risk indices as well as XBRL validation and reporting.
RiskAvert is an automated platform that helps banks calculate the regulatory capital adequacy and produce reports under the current European Banking Authority requirements.
The solution provides a comprehensive cube-based management information system reporting engine that supports market disclosure requirements, (Pillar III).
Elsewhere, Profile Software recently announced the establishment of a new technology-driven development centre in Thessaloniki, Greece.
The development centre comes with a committed investment plan in excess of €5 million for the next three years.
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