IRIS and Soluziona Czech Republic partner to tackle Basel II
13 October 2004 | 342 views | 0
IRIS AG, a leading provider of integrated risk and profitability management systems, and Soluziona Czech Republic, part of multinational consulting company based in Spain, announced last week their business partnership agreement aimed to promote the use of the best of breed riskpro™ Basle II and IFRS solution in the Czech Republic and neighbouring countries.
This new partnership allows Soluziona CZ and IRIS AG to address efficiently with no development risk the local market needs for Basel II with the option to enhance easily the analysis scope towards an integrated enterprise wide risk and profitability analysis solution.
"Analysis of risk is essential to every financial institution, particularly as the regulators become increasingly proactive. We believe that the riskpro™ solution is the right solution that can bring a lot of benefits to the modern bank management in terms of risk and profitability analysis", says Jan Chalupa, Business Development Director, Financial Services.
"The ease of use of riskpro™ and the combined experience of IRIS integrated risk management ag and Soluziona CZ in Basle II and system integration will allow also smaller banks to benefit from Basel II in terms of transparency and cost effectiveness", comments James McKeon, IRIS Area Sales Manager based in Prague, responsible for the IRIS business development in Central Europe.