Techlogix provides a comprehensive suite of services based on Oracle Financial Services Analytical Applications (OFSAA). From Basel Regulatory Capital through Market Risk and Operational Risk to Asset/Liability Management and Liquidity Risk Management, our consultants have helped Banks automate their Risk Management processes.
Our consultants develop a holistic view of an organization by integrating the typically disparate streams of risks, compliance, and performance. We have successfully delivered the OFSAA platform for multiple customers across multiple jurisdictions including the Middle East, US, UK and Pakistan.
Financial Institutions are struggling to keep pace with emerging risks that challenge nearly every facet of risk management. We assist financial institutions in their enhanced efforts to measure and meet risk objectives, calculate their true cost, manage the capital regulatory requirement, measure performance, reconcile risk, manage central bank compliance and put together dynamic reporting and dashboards.
Implementation of the OFSAA system is a strategic decision by Barwa Bank that aims to roll out best market practices for Risk and Finance departments. Automation of Operational Risk is of particular significance as it would assist in implementing a control framework and help monitor issues / control breaches and take timely corrective actions to save the bank from potential losses. Operational Risk module was implemented within the timelines and budget committed to the management largely due to excellent support received from Techlogix, Barwa Bank’s implementation partner for OFSAA.
Risk Management Department
Managing Enterprise Risk at Bank AL-Habib
Bank AL Habib (BAHL) operates throughout Pakistan with a network of 600+ branches. It also has overseas operations in Hong Kong, Seychelles and Malaysia. The Bank wanted to implement a comprehensive risk management solution to address local regulatory guidelines in each of its four jurisdictions. The Bank acquired Oracle Enterprise Risk Management and engaged Consulting and Implementation Services from Techlogix.Read More
Implementation of Market Risk at Barwa Bank
Barwa Bank operates in an environment that has witnessed rapid changes in customer expectations and the regulatory environment and these have required technological innovation. Barwa Bank has adopted a pro-active approach in managing these challenges. One of the key focus areas for the Bank is the management of Market Risk. Barwa bank selected Oracle for a complete Enterprise Risk Management solution and Techlogix as its implementation partner.Read More