The demands on banks' risk management have increased significantly in recent years. Risk office experts must regularly respond to new requirements when performing complex analyses around loan assessments or evaluating secondary sources of repayment from collateral.
In the lifecycle of a loan portfolio, prolongations, disclosures, monitoring, waivers, and much more repeatedly lead to new tasks for the back office, especially in corporate banking.
If there is no digital system to support them, this makes the work of risk analysts even more difficult:
The Risk Management Business App was developed using the tools of the isfinancial banking platform and is specifically tailored to the needs of the risk office. The application also serves our customers as a base for system support of EBA and ESG requirements.
ESG calls for smart collaboration among many players in the bank. This makes it a topic for digital transformation initiatives in particular. Find out what a digital solution for ESG reporting might look like in our blog post.