Risk Profile Management System

Requirements

OCBC NISP is one of the largest bank in Indonesia with more than 300 branches over 60 cities in Indonesia. To strengthen the risks management process as well as the internal controls, the risks management teams within the bank needs an integrated and single platform to manage all the risks, controls, policies, workflow approvals and etc. The objective is that this one single platform will be the one-stop-solution for the managements, risks management team, internal audit and other users to access for all risks related items with the accurate data that can be trusted and relied-on.

Solutions

We deployed our product with 2 (two) major items ie Enterprise Risks (to manage all the risk profiles as well as to capture the Good Corporate Governance, earnings and capital) and Operational Risks Management (to manage the Risks Control Self Assessment (RCSA), Loss Event database (RLED), Key Risks Indicator (KRI) and the master data module to self-govern the system).

Our product is supported by our flexible workflow engine which plays an important part to comply with the requirements of the bank to have a checker-maker controls. All the master data, self assessments, loss events, risk profiles, policies management are all having their own specific and different workflow approvals depending on their business natures.

As expected, we had also received lots of customization requests from OCBC NISP to fit our solution into their business processes. With careful analysis and the fact that our solution is modular, it's not very difficult for us to customize our product as requested.

Results

With the success of the deployment of our products within OCBC NISP, it has been used by the bank as well as its sister companies. And, it has been used by various users from headquarter offices to branches with more than 10,000 workflow steps completed and hundreds of workflow template. We are now moving on to the next phase to work together with team from OCBC NISP to transform our solution to the next level that can help OCBC NISP team to further optimize, manage their risks managements and internal process controls.

Features

Enterprise Risks

• Risk Profiles (Conventional and Syariah)
• Good Corporate Governance
• Earning and Capital
• Policies Management
• Master Risk Profiles Template for managing all the parameters and indicators
• Email Reminders

Operational Risks Management (ORM)

• Risks Control Self Assessment (RCSA)
• Loss Event Database (RLED)
• Key Risks Indicators (KRI)
• Master Data modules ie products, risk events and etc
• Email Reminders

Reports & Dashboards

Admin Module

• User & Role Management
• Sister / Subsidiaries Companies Management
• Workflow Administration