Source: Optial
Optial announced today that the Bank of England has selected Optial's Compliance Management module from the Optial Operational Risk Management platform, to support its internal control processes.
Chris O'Brien, CEO of Optial, said "Every financial institution needs a strong internal control framework and we are delighted that the Bank of England has selected our flexible, workflow-enabled platform to further streamline the Bank's already very strong monitoring and tracking procedures in this important area."