Risk and Compliance

A team dedicated to the world of risk and regulators

With an expertise of over 25 years in the financial sector and in the sphere of Risk and Compliance, Asseco PST has had a team dedicated solely to the implementation of solutions in this area since 2012.

The main goal of this team includes helping our customers mitigate the risks associated with their business, and designing and implementing solutions that enable them to efficiently report reliable information to the regulators.

The growing importance of the reduction of risks related to banking activities, namely Credit Risk, Operating Risk, Reputational Risk and Market Risk, makes this a mission for experts, as Asseco PST is focused on counselling, process design, training and review of business strategies with the Credit Institutions with which it works.

• Support Credit Institutions in their compliance with Legal Standards – Considering the progresses and changes, as observed in the legislation of the geographical areas where our customers operate, our main challenge consists of ensuring compliance with the applicable legislation, by supporting interpretation of the Legislation in question and implementing efficient functionalities for the conduction of legal procedures.

• Mitigating Risks – According to our customers' business strategy, we analyse and measure the different risks associated with the activities associated with their business processes, an exercise that requires an in-depth knowledge of the market and the economy where our customers are based.

• Managing Change – The mitigation of Risks often involves a redefinition of the Credit Institution's internal processes. We support the definition or redefinition of processes, always with the main goals of optimizing various activities inherent to the business, the automation of procedures and the proper assigning of activities or tasks to the Bank’s different areas. This kind of actions increasingly lacks supplementary communication, capacity-building and internal alignment initiatives focused on the customers.

• Training – Considering that the main goal of most Risk and Compliance team projects is to ensure an alignment with Legislation, theoretical and practical training is one of the most important phases for the projects’ success. As experts, we have an in-depth knowledge of the subject to be lectured, from both a theoretical and practical standpoint, in order to make sure that, at the end of the training stage, there is a correct interpretation of the topic in question, along with capacity-building skills for implementing new internal procedures, activities and rules.

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