Stanbic Bank is one of Africaâs leading banking and financial services groups with operations in Botswana, Congo (DRC), Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Swaziland Tanzania, Uganda, Zambia and Zimbabwe.
Misys Risk Management Systemsâ Risk Vision was chosen following a competitive tender with all known risk vendors. The solution is the first of its kind to be implemented at Stanbic across 15 African countries. The new system will integrate with the other Misys systems used by the bank, including Bankmaster and Citydealer.
"Our need to improve the quality of our risk management function on an enterprise wide basis prompted us to review several risk management systems. Risk Vision will significantly develop our risk management capabilities and this investment will provide a far more business enabling risk management environment in our growing African franchise," comments Bob Norval, Director Risk Management, Stanbic Africa. "In addition, Risk Vision will enable us to capitalise on a number of potentially profitable new product opportunities."
Michel van Leeuwen, CEO, Misys Risk Management Systems explains, "Weâre thrilled with the partnership with Stanbic, the first of its kind in the African market. It exemplifies the continued advancement of Misys Risk Management Systems and the best of breed enterprise risk management solutions that we provide."