As per State Bank of Pakistan regulation, BPRD Circular Letter No. 19 of 2018, a Compliance Risk Management (CRM) System is a requirement for all Banks/DFIs operating in Pakistan.
Acrux Technologies has developed CRM system based on SBP Risk Management Guidelines and Pakistan Banks’ Association published Business and Functional requirements.
New Regulation Assessment
![Regulation-Assessment](https://www.acruxtek.com/wp-content/uploads/2020/03/Regulation-Assessment.png)
Our CRM offers the following features:
- Fully integrated system catering complete compliance workflow
- Centralized system to capture all compliance related requirements, including:
![Compliance-requirements](https://www.acruxtek.com/wp-content/uploads/2020/03/Compliance-requirements-1.png)
- Automated Compliance task management
- Web-based application accessible to all authorized users from any location
- Increasing transparency of compliance implementation
- Compliance Reporting Calendar available within the application
- CRM system reduces the risk of SBP fines and reputation damage
- System provides precise picture of all compliance activities and raises flag in case of delays
- Central management of all compliance activities from a single screen with real-time risk status
- Role-based Access Control to provide enhanced security
- Complete Audit Trail of all activity.
- Electronic Archive of all regulations and controls
Compliance Risk Monitoring
![Compliance-Risk-Monitoring](https://www.acruxtek.com/wp-content/uploads/2020/03/Compliance-Risk-Monitoring.jpg)