23 August 2017
Find out more

Almonde upgrades regulatory and risk management software

29 October 2004  |  1262 views  |  0 Source: Almonde

Almonde Ltd. an international provider of enterprise risk management solutions, today announced the release of Almonde 4.3.

Almonde 4.3 offers banks an incremental approach for bringing new regulatory and economic valuation needs together under a single roof.

Almonde 4.3 provides:
  • More detailed auditability using computation trace reports
  • Improved user access control to user profile management
  • Faster computation speeds through scalable distributed computing
  • Increased adaptability to the data model

    "By its robustness and transparency, Almonde 4.3 will enhance the quality of compliance reporting and auditability whilst facilitating all levels of the decision-making process," says Steven Hargreaves, Almonde Product Director.

    In parallel, all Almonde solutions (Basel II, ALM, IAS, FTP) have been enhanced with new capabilities for more completely easing regulatory compliance and risk management.

    Shawn McMorran, Chief Executive Officer of Almonde, said, "We are constantly in the process of upgrading Almonde solutions on a modular and sophisticated technology in order to guarantee our customers high performances, to provide customized and advanced functionality and to benefit from lower implementation costs."

    Almonde 4.3 evolution leverages the experience gained from world-wide implementations of Almonde risk management solutions and by working closely with several international partners.

    "Having worked on several projects with banks in Italy, we selected Almonde as the right solution. Almonde offers a high level of functionality and complete features for achieving compliance with the new regulatory adequacy," said Marco Corbellini, Head of the Risk Management Practice, Euros Financial Competence.
  • Comments: (0)

    Comment on this story (membership required)

    Related company news


    Related blogs

    Create a blog about this story (membership required)
    visit www.vasco.comvisit www.niceactimize.comvisit www.dorsum.eu

    Top topics

    Most viewed Most shared
    Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
    19528 views comments | 42 tweets | 80 linkedin
    Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
    13316 views comments | 28 tweets | 23 linkedin
    Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
    11926 views comments | 22 tweets | 34 linkedin
    Australia regulates digital currenciesAustralia regulates digital currencies
    11175 views comments | 21 tweets | 35 linkedin
    RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
    11039 views comments | 10 tweets | 8 linkedin