Optial enhances its Business Intelligence Modules for Operational Risk

London - 28 March 2008

Optial, a leading developer of operational risk software solutions, announced today that its Business intelligence Suite (OBI) is to be enhanced with the inclusion of new modules, to allow organisations of all sizes to take advantage of this leading reporting and data analytics functionality. The OBI suite will now be available in Standard and Advanced modules.

Judith Graham, Product Director at Optial, said: “There are many firms that need to prove the value of their operational risk management activities, but whose size does not warrant investing in large-scale advanced data analysis or advanced analytics. For these firms, OBI Standard is ideal, giving one-click access to sophisticated core business intelligence reports. On the other hand, there are also many firms that want to take advantage of analytics and data modeling techniques, and this is exactly what OBI Advanced provides, along with subtle historical data analysis across multiple time periods, and multi-language capability for large deployments. The launch of these new OBI modules provides firms of all sizes and at all stages in their Operational Risk Management journey to produce high quality graphical management information at a level appropriate to their needs. This approach, in conjunction with the launch of Optial’s SmartStart system, means that the benefits of Optial’s Incidents, Risk, Audit and Compliance modules and reporting functions can be used by any size of organisation.”

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