FinArch Launches Competence Centre for Finance and Risk Management
FinArch, a provider of finance resource planning (FRP) for the finance industry, has established a competence centre to serve banks and financial institutions that engage in projects to comply with internal and external regulations. The first competence centre is based in Jakarta, Indonesia and serves southeast Asia. It is envisaged that in the near future more competence centres will be established in different locations throughout the world.
Along with its local partner in Indonesia, Anabatic Technologies, the competence Centre will create and share knowhow and information, and will offer advisory services and consulting. In addition, it will support implementations from A to Z, and deliver training and workshops. A team of dedicated consultants is at the disposal of FinArch’s clients and prospective clients to help them build their project from the initial need through to final implementation.
Chris Puype, chief operating officer (COO) and director of Asia at FinArch, said: “The opening of the competence centre is another milestone for FinArch. It underscores our strong commitment to deliver value to our customers who are facing tough times given that the entire financial services sector is experiencing big regulatory changes. With our competence centre FinArch wants to prepare them for and guide them through the changing regulatory, compliance and legal landscape. Whether it is to meet the regulations for IFRS, Basel II or liquidity risk, FinArch has a proven track record of successfully delivering integrated finance and risk software development projects and training, so it is only natural that we formalise our efforts with a competence centre.”