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Otkritie Bank Launches Operational Risk Management System

Otkritie Bank Launches Operational Risk Management System
Photo: pixabay.com
Otkritie Bank launched a modern, the only operational risk management system in the Russian market. The development was carried out by the Intellectual Security Group of Companies specifically at the request of the bank.

According to the bank’s press service, the Security Vision CRS system allows bank employees to report on operational risk events to a core employee and connect them to solve the problem. Also, the speed of integration of all bank systems with each other has been increased. In addition, some of the functions employees can configure themselves.

The new system has already led to noticeable improvements in the work of Otkritie Bank employees: the time spent on processing operational risk events has been reduced, and the level of information availability for employees has increased. In addition, a more flexible reporting system has been formed.
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