Attijariwafa Bank Europe has chosen FRSGlobal’s consolidated risk and regulatory platform to provide its regulatory reports to France, Belgium, The Netherlands and Germany.
The FRSGlobal solution will support Attijariwafa Bank Europe with any future compliance requirements all through the same platform, which the vendor claims will save the bank invaluable time and investment in selecting, procuring, interfacing and implementing any additional systems.
The bank has selected FRSGlobal’s ‘subscription model’, which will protect it from additional expenses in addressing regulatory changes. By adopting this offering, Attijariwafa Bank Europe can also join the ‘compliance community’ provided by the FRSGlobal Centre of Risk & Regulatory Excellence (CoR²E). This community meets regularly to discuss risk and regulatory requirements and enables peers to exchange views that can then be communicated to the regulators.
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