For the second consecutive year, BRSANALYTICS and partners Synergy Software Systems will be exhibiting from Stand D7-10 at Gitex Technology Week in Dubai between the 12th and 16th October.

Originally launched in 1981, the annual GITEX technology conference and exhibition has steadily and consistently gained a reputation for bringing together some of the industry’s biggest technology brands and cutting-edge conference programmes. It is not surprising therefore that a reported 3,700 exhibitors have confirmed they will be converging from all corners of the globe during this year’s five-day networking event.

“The palpable energy and 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 full of character and features for a truly user-friendly experience. The new browser-based user interface makes navigating the system easier than ever and system configurations, such as business rules, process management, and other reference data can be accessed directly from the application.

Among other things, explains Daniel, “the system allows greater flexibility and robust data management, additional dashboards to assist management with analysis and monitoring of performance trends and KPIs and simplified submission of returns.”

“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 the same banks to offset that volatility by increasing their high-quality liquid assets (HQLAs).

Banks shall also need to implement strategies for stress testing that allow for complex data to be analysed in order to demonstrate compliance with the relevant Central Bank’ Basel III directives.

Out-of-the-box BRSANALYTICS reporting packs directly respond and cater for the need to comply with this regulatory standard 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 with our esteemed business partners and colleagues once again. Showcasing presentations and product demos from Stand D7-10 in collaboration with Synergy Software Systems, regional Partners for the Middle East, we invite audiences to come visit us for a more detailed discussion on how BRSANALYTICS can help their institution meet newly emerging regulatory requirements with relative ease.

For more information call on +356 21 490 700 to schedule an appointment with one of our product experts during GITEX Technology Week at the Dubai World Trade Centre or email on info@computime.com.mt