Improving surveys and risk assessment in the Financial Sector

21 March 2007

MPI Europe announces a closer working relationship with RimaOne, one of the leading providers of survey and risk assessment software to the Financial Sector. This builds on several successful projects over the recent past including MPI Europe’s use of SurveyOne in the Faster Payments industry survey conducted late last year, as well as joint development work to help clients assess operational risk due to technology in banking and insurance.

The survey was sent out electronically using SurveyOne to over 90 banks and building societies in the UK, all of whom would be affected by the UK Faster Payments scheme. The respondents filled out their answers online and the results were then collated and analysed using SurveyOne reports.

"Using SurveyOne allows us to concentrate on the business content of questionnaires rather than the technology issues." said John Cant, MPI Europe’s Managing Director. "Also the ability for respondents to complete the survey on the net, backed by comprehensive workflow allows us to efficiently run large surreys without any dedicated technology support.”

SurveyOne is used by major financial sector institutions such as Deutsche Bank and Merrill Lynch. It provides functionality for assessing, managing and mitigating risk, including regulatory programmes such as Basle II and SOX. RimaOne also offers companion tools such as TrackingOne to enable a comprehensive, highly automated and online monitoring of both issues & mitigations across large or complex organizations. SurveyOne and TrackingOne are both fully configurable, multilingual, performant and highly interactive web based applications.

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