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Chase Cooper targets Greek, Cypriot and Balkan markets with LogicDIS alliance

06 June 2006  |  2048 views  |  0 Source: Chase Cooper

Chase Cooper, an international supplier of Operational Risk Basel II compliant solutions, has announced a partnership agreement with LogicDIS in Greece, in order to meet the requirements of the financial institutions for Operational Risk Management, in the Greek, Cypriot and Balkan markets.

LogicDIS Group is an Information Technology group of companies with a leadership position in the development of Business Application Software and the provision of integrated IT Solutions, both for the Private and the Public sector. The Group has significant presence for over 25 years in the financial sector that allows the firm to address the Basel II issues facing firms that need to meet regulatory compliance.

Zag Asghar, a director of Chase Cooper said, "Basel II is very much at the forefront of the minds of financial institutions and we already have a presence in the Greek marketplace with the rollout of a major European international bank for implementing our operational risk solution. Our need to find a business partner that offers quality of service combined with resources that could understand and implement our world class Accelerate Operational Risk solution has been met by LogicDIS. We are delighted to be working with a company that not only has a tremendous track record with its client base, but also shares our passion for the provision of innovative Operational Risk solutions to meet the particular market requirements."

Periklis Argyropoulos, LogicDIS Enterprise Business Unit manager said, "We recognise and understand the needs of our existing as well as the potential client base for Basel II Operational Risk Management. We have been seeking for a Basel II Operational Risk Management world-class solution provider and we found just that and even more, the best software solution in the market with Chase Cooper. Chase Cooper's software, Accelerate, empowers us to provide solutions which cover a wide range of Operational Risk Management best-fit scenarios for financial organisations. The Chase Cooper solution is used by some of the largest financial firms in the world, a fact that proves the quality of functionality and the scalability possibilities of Accelerate. We are looking forward to address the needs of the Greek, Cypriot and Balkan markets through our partnership with Chase Cooper."

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