London 5 December, 2006: Optial is delighted to announce as part of their expanding partnership program a new relationship with Atlantic Link, a global provider of business consulting services. The alliance has been established to help financial services companies to meet the demands of the increasingly stringent regulatory environment. It marries Optial’s operational risk and compliance software expertise with Atlantic Link’s skill in identifying and translating regulatory requirements into policies and practices.
Eric Werner, Partner at Atlantic link said: “When we considered the capabilities and flexibility that the Optial system can offer our clients, they were the logical choice as technology partners. Optial’s web based compliance and risk management solution, dramatically simplifies the process of managing business assurance activities. It increases security, delivers more accurate information & generates efficiencies that translate into cost savings”.
Chris O’Brien, Optial CEO commented; “The strategic alliance between Optial & Atlantic Link strengthens the integrity of the information upon which financial institutions base major business decisions. The business expertise Atlantic Link brings makes it ideally suited to deploy software solutions. Atlantic Link provides professional services personnel who are trained in the product and how to configure it to meet the business objectives”.
The combination of Atlantic Link’s depth of experience within the financial sector and Optial’s software, means that financial organizations are equipped to meet the challenges they face in translating regulatory requirements, implementing process and encouraging change throughout all levels of the organisation.
Atlantic Link Management Services Ltd (www.atlantic-link.com) is a specialist solution company providing a broad range of consulting services to the Investment Banking, Investment Management, and Wealth Management marketplaces. Based in London, Atlantic Link is ideally placed to assist organisations in the process of ‘business change’ owing to our in-depth understanding of the financial marketplace. Atlantic Link has established a number of ‘practices’ that are specifically focused on market sectors where the company possesses an in-depth understanding of marketplace issues and requirements, and is therefore able to recommend the appropriate solutions to meet the client's evolving business needs.
The Atlantic Link team work at all levels with clients during the business change phase and can provide ‘delivery focused’ consultants with the relevant business and technology skills. The team can also provide Resourcing and Recruitment Services and, where appropriate, undertake Business Process reviews, Impact Studies, Feasibility Reviews, conduct Requests For Proposal (RFPs), perform product evaluations, and carry out Compliance Health Checks.
Optial (www.optial.com) has the largest installed blue-chip geographic footprint of any Operational Risk platform: it is deployed across 50 countries by a client base including companies such as Skandinaviska Enskilda Banken AB (SEB), Standard Chartered Bank and IBM. It is supported from centres in London, Atlanta and Sydney.
Every firm has a unique business model and corresponding risk profile - even more pronounced for multinational firms operating across several jurisdictions. Optial doesn't try to impose 'one size fits all' processes onto its clients; rather we help our clients build Total Corporate Governance by mapping their organisation structure, operational performance criteria and control processes into an overall risk model, using Optial's workflow capability to change behaviour. The team then set up an individually-configured implementation to meet specific risk profile, language and jurisdictional reporting requirements, before deploying using zero-footprint browser technology.
The standards-based platform delivers rapid configuration, low-cost deployment and low-maintenance with future-proofing. Built-in KRI’s and Loss Database allow firms to align their system with Basel II requirements, while Web Services interfaces and software developer kit enables simplified integration with other systems such as HR, CRM and MIS for two-way automated data exchange and single sign on.
Press contact:
Optial: Colin Spiller, Business Development, press@optial.com ,
+44 (0) 20 7247 7673
Atlantic Link: Eric Werner, Partner, eric.werner@atlantic-link.com,
+44 (0) 2072130103
|
