Khushhali Bank selects BenchMatrix

KARACHI: Khushhali Microfinance Bank Limited has selected BenchMatrix to implement an automated regulatory compliance management system that would help them ensure comprehensive enterprise-wide compliance effectively, a statement said on Wednesday.

RiskNucleus® compliance management systems implementation will enhance the monitoring of regulatory compliance policy through a complete automated rule book library mapped to key activities within the organisation and enable effective compliance risk management, observation management and self-assessment, it added. Ghalib Nishtar, president and CEO of Khushhali Bank, said: “Khushhali Bank is actively pursuing and investing in technology and solutions that strengthen governance and ensure high degree of compliance.”