NATIONAL Bank of Pakistan collaborateswithBenchMatrix`sRiskNucleus Governance, Risk, and Compliance System to digitally transform the bank`s operations, drive process efficiency, ensure regulatory compliance, and maintain adherence to compliance risk management and industry standards, as per a press release.

BenchMatrix`s solution is an integrated system designed to help compliance and risk managers efficiently assess, monitor, and identify risks and controls across the organisation in line with regulatory requirements. It features a comprehensive suite of modules, including the regulatory library, risk control and self-assessment, regulatory correspondence, observations, key risk indicators, control testing, incident management, and action plan. •