Risk Management
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 Oracle OFSAA platform across multiple jurisdictions including the Middle East, US, UK and Pakistan.
Our Approach
Financial Institutions are struggling to keep pace with emerging risks that challenge nearly every facet of risk management. We assist financial institutions in their 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
Barwa Bank
