GITEX 2014 BRSAnalytics – see us at the Synergy stand

September 30th, 2014 by Stephen Jones Leave a reply »

Following the successful launch of BRSANALYTICS at GITEX 2013 Comoutime and its regional Middle East partners Synergy Software Systems will be exhibiting from Stand D7-10 at Gitex Technology Week in Dubai 12th – 16th October.

The annual GITEX technology conference brings together the biggest technology brands and cutting-edge conference programmes This year 3,700 exhibitors will converge from all corners of the globe .
The overwhelming response witnessed during our last visit at GITEX has inspired us to return this year with an application geared to deliver bigger and better functionality,” says Enterprise Group Channel and Business Development Executive Daniel Buttigieg. “We believe we have achieved this with the second generation BRSANALYTICS technology.”

BRSANALYTICS v2, a regulatory reporting solution for banks, is packed with features for a robust, user-friendly experience. The new browser-based interface provides intuitive navigation and system configurations, business rules, process management, and other reference data are accessed directly from the application by authorised functional users.

Daniel, also mentioned “The built in system ETL process and audit trails and workflow approvals provide robust data management and simplified submission of returns in the Central Banks formats. BRSAnalytics also features built in dashboards to assist management with analysis and monitoring of performance trends and KPIs and provides an ad hoc query for compliance officers to drilldown to rapidly find answers to both Central Bank and management queries. .”

This software is particularly suited to address the requirements of Middle Eastern financial institutions,” adds Head of Sales and Marketing Neil Bianco. “For instance, because Islamic banks obtain deposits mostly through profit-sharing investment accounts (PSIAs) – typically considered to be more volatile than conventional deposits. Basel III requires that all banks offset that volatility by increasing their high-quality liquid assets (HQLAs).
Banks must implement strategies for stress testing complex data to demonstrate compliance with the relevant Central Bank’ Basel III directives.

Out-of-the-box BRSANALYTICS reporting packs directly cater for regulatory standards by systematically gathering, cleansing, analysing and reporting to board members and the regulator in the required formats.”

Having visited the UAE numerous times over the past few years, we look forward to meeting again with our valued business partner, colleagues and customers.”

To see show case presentations and product demos, visit Stand D7-10 to meet with Daniel and Neil and the Synergy Software Systems team. We invite you to discuss in more detail how BRSANALYTICS can rapidly and cost effectively help your financial institution to meet the tide of newly emerging regulatory requirements.

Stephen Jones, Director Synergy Software Systems commented “We focus on proven branded international solutions, to ensure an ongoing product road map, built on familiar Microsoft technologies. This ensures rapid deployment, low risk and better value for our clients. This is one reason that Microsoft presented us with the Highest Customer Satisfaction award 2014. “

As one regional financial controller out it “Go with Synergy and sleep at night”

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