Arcapita Bank B.S.C.(c) rolls out Chase Cooper’s award winning operational risk software aCCelerate

19 January 2009

Chase Cooper today announced the successful implementation of its award winning software aCCelerate for enterprise wide operational risk management throughout Arcapita, a leading international investment firm headquartered in Bahrain. With total funds under management of approximately $5 billion, Arcapita invests globally in private equity, real-estate, infrastructure and venture capital.

Following strong growth and changes in the regulatory environment, Arcapita wished to implement a modern and robust risk system to support its Enterprise Risk Framework. After reviewing alternatives in the marketplace, Arcapita selected Chase Cooper’s aCCelerate solution for global deployment to all Arcapita subsidiaries, including London, Atlanta and Singapore.

Jason Were, Chase Cooper’s Sales Director stated “Arcapita selected aCCelerate for its rich functionality, scalability and rapid implementation. The aCCelerate solution was able to address these requirements through configuration, rather than customisation, which led to an extremely rapid implementation, with Chase Cooper completing the project in days, rather than months.

aCCelerate’s broad functionality and speed of delivery has contributed to our strong growth in the region. We are delighted to welcome Arcapita to the growing community of aCCelerate users, both regionally and internationally, and we look forward to building a strong business partnership.”

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