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Faysal Bank appoints BenchMatrix
Chris Hamblin
4 July 2018
Faysal Bank Ltd (estd 1994) has selected BenchMatrix to put in place an automated compliance risk management, ERM and risk rating system. This includes regulatory reporting related to CAR, LCR & NSFR (capital assets ratios, liquidity coverage ratios and net stable funding ratios). RiskNucleus Regulatory Compliance, the name of the package, will give the bank an automated and up-to-date rulebook library and will link it somehow to the bank's key activities, complete with compliance risk management, observation management and self-assessment. It will also enhance the bank's data maintenance and risk reporting.