BIX-eRisk is an Enterprise Risk Management platform, a stand-alone com-
ponent of the Bankinfra Systems Suite (BIX).
eRisk has been designed from the ground up specifically tailored for the banking and other financial institutions. This platform leverages existing risk management activities by integrating them into a formalized, flexible ERM process. Faced with a volatile risk environment, the majority of banks and other financial institutions have been driven by their regulators to reorganize and re-prioritize their organization’s approach to risk management. Executives recognize the importance of continuously monitoring exposures, but few are able to monitor key risks continuously within their organizations.
From small community banks to large multinational financial institutions, too many resources are taken up by manual compliance activities. As the number of regulations increase and change, so do the risk assessments required as part of your ERM and compliance process.
eRisk has been conceived to change that and streamline the process of risk management with pleasant user experience in mind.