ERI and StatPro: Partners for Risk Management

Geneva - 5 July 2012

This partnership with a global leader of portfolio analytics services, will enable ERI to extend OLYMPIC Banking System’s functional coverage by integrating StatPro’s risk management solutions. This will provide ERI’s customers, private banks and financial institutions, with access to robust risk reporting capabilities through StatPro’s application programming interface (API).

According to Jean-Philippe Bersier, Director of Business Development at ERI, “Risk management has become a key priority for financial institutions globally. We chose StatPro’s risk management API to improve our existing offering in risk reporting management. Integrating risk reporting within the OLYMPIC Banking System middle office enables us to help customers who are looking to enhance their processes in this area”.

Michel Lempicki, Corporate Development Director at StatPro states that, "The regulatory drive for financial institutions to demonstrate robust risk management procedures has, in turn, increased the demand for our reporting and analytics capabilities. ERI’s expertise in banking software provides a natural fit for our partner program and we are pleased to be working with them and offering additional value to their own offering to the market.”

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