Financial institutions departments run multi-departmental transactions like complex credit facility approvals and limit utilization processes. They benefit from attributes like flexibility, standardization, effectiveness, transparency and efficiency. RISQ l financial institutions introduced those attributes to ING through:
–Digitalization, automation and integration that derive from contemporary technologies
–Monitoring, reporting and cross-departmental communication channels
–Effective end-to-end life cycle management
–Reducing operational risks with auditing activities and subjecting them to multi-level approvals
Download our case study for free and gain further information about how RISQ l financial institutions empowered ING’s FI department with smart finance solutions.