BCT Digital adds Enterprise Risk Management to its rt360 GRC product suite
A product that uses a “Business First, Technology Next” approach to enable enterprises to identify and control risks arising out of their operations.
9th March 2022: BCT Digital, a global Fintech company specializing in regulatory technology, has launched ‘rt360 Enterprise Risk Management (ERM)’, a product which uses a “Business First, Technology Next” approach to enable enterprises to identify and control risks arising out of their operations. Risks can arise from people, processes and systems including both internal and external sources.
Today’s enterprises have evolved into connected businesses, adopted to new technologies such as third-party cloud infrastructure and services, blockchain, IOT, AI/ML models etc. While this is much needed, the risks have become more complex. Hence, organizations have increasingly felt the need to integrate powerful risk management strategies to cater to their growth targets in an unhindered manner.
The rt360-ERM product offers key functionalities like devising risk strategies, identifying risk sources leveraging multiple modes, assessing and mapping varied risks at LOB/org level, defining risk treatment plans and timelines. It also captures and monitors key risk indicators and provides proactive data insights and analytics. The ERM product is fully compliant with leading frameworks such as COSO and ISO, industry regulations, including the Basel guidelines. ERM product comes up with unique benefits in terms of providing a 360⁰ view of risks while breaking silos. Its strategic integration of risk management reduces cost of compliance, improves agility and decision making.
The Enterprise Risk Management Solution is an addition to BCT Digital’s risk management product suite ‘rt360’ which also led the company to achieve distinctive recognition. It recently ranked amongst Chartis Research’s top 100 RiskTech companies in its 2022 report. It was also named as ‘Category Leader’ in the RiskTech Quadrant for Model Risk Management solutions 2021.
BCT Digital a digital transformation company focuses on delivering FinTech, RegTech, and SustainTech solutions to international banking and financial markets, and key industry sectors, on a global scale. The core of BCT Digital’s offerings lies in the ability to identify gaps and building solutions that are both specifically suited to India and yet scalable to the global markets. BCT Digital, a niche player in the RegTech arena, adopts emerging technologies to enable financial institutions to mitigate risks, ensure liquidity and improve customer engagement. For more information, visit https://www.bctdigital.ai
Contact:
info@bctdigital.ai
About Bahwan CyberTek
Bahwan CyberTek (BCT) was established in 1999 and is a provider of digital transformation solutions across industry domains and has delivered solutions in twenty countries across North America, Middle East, Far East, Africa and Asia. Driving innovation through outcome-based business models, proven and powerful IP solutions, BCT is a trusted partner for over 1000+ customers, including Fortune 500 companies. With strong capabilities in Big Data & Analytics, Mobility, Cloud and UX / UI, BCT has over 2800 associates with technical and domain expertise in delivering solutions to Oil & Gas, Telecom, Power, Government, Banking, Retail and SCM / Logistics verticals. With a focus on joint innovation, BCT has partnered with leading global technology organizations such as Oracle, IBM and TIBCO to deliver differentiated value to customers.
Contact:
Chandrakumar Natarajan
BCT Digital
nchandru@bahwancybertek.com
For queries reach out
bctdigital@bahwancybertek.com
About BCT Digital
BCT Digital focuses on the risk management and regulatory needs of variety of organizations in different industry verticals on a global scale. The core of BCT Digital’s offerings lies in the ability to identify gaps and building solutions that are both specifically suited to India and yet scalable to the global markets. BCT Digital, a niche player in the RegTech arena, adopts emerging technologies to enable organizations to mitigate risks, ensure liquidity and improve customer engagement. For more information, visit www.bctdigital.ai
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