KBC chooses SAS for central groupwide risk reporting
New solution will help KBC meet and implement current and future risk reporting requirements as well as Solvency II guidelines.
KBC has chosen SAS Risk Management for banking, insurance and SAS financial management to provide a central, groupwide risk reporting solution.
KBC said that with SAS it can obtain a consistent and quick view of the overall risk exposures across risk types, departments and geographies.
KBC will be able to implement any new and future reporting requirements, including Solvency II guidelines.
Supported with workflow capabilities, the entire groupwide risk reporting process will be covered including: data integration and storage of different risk results, data quality monitoring, reconciliation of finance and risk numbers, risk aggregation, internal reporting on all risk types, data exploration and regulatory reporting.
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