Accurate Software has launched its operational risk management solution Accurate NXG.
The solution, which was developed using SwiftReady Gold accredited technology, will enable financial organisations to increase straight-through-processing (STP), control risk and maximise efficiency.
The system provides organisations with the means to continually assess risks and costs and to analyse where and how they can benefit from operational controls. It extends to the implementation of an exception management and risk control structure that delivers faster results and will improve understanding of how and where errors are arising.
Philip Hall, founder, chairman and co-chief executive officer says: "Accurate NXG will enable financial organisations to reduce risk, increase control and deliver improved financial performance."
Accurate Software's global client base includes JPMorgan Chase, Kas Bank, Insinger de Beaufort, Ulster Bank, Skandia, National Australia Bank and HSBC Republic Bank.