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Financial and non-financial risks faced by financial institutions have become increasingly complex and varied, leading to increased regulatory pressure and scrutiny. In the last two decades, major disruptions have been caused by the current social, geopolitical, and economic situation, while digital threats and technology risks have grown due to the increased digital surface area. To gain a competitive advantage, a technology-aided risk management practice is essential in a rapidly changing environment.

Coforge is positioned as a strategic and niche service provider in the banking industry. We bring in an optimal blend of GRC - Governance, Risk, Compliance, and Technology offerings to deliver innovative, reliable, and market-leading solutions that enable our clients to meet their regulatory objectives. Our team has multiple decades of direct capital markets experience delivering Front, Middle, and Back Office solutions for the sell-side, buy-side and financial services.

As the risk management domain has evolved, so have we, both in terms of services and target engagement models - transitioning from early simple capital requirement calculations to more recent, complex internal models for VaR, RWA, stressed scenarios, aimed at reducing variations in capital requirements.

We consistently ensure the availability, scalability, and reliability of our IT solutions to deliver the best banking ecosystem globally. We have consistently achieved a 100% milestone in Governance, Risk & Compliance (GRC) year after year, and we continuously provide tailored roadmaps to our esteemed banking clients worldwide. Our primary support to global banks and other clients encompasses Support Services for internal quality controls, IT solutions for Access, Authorization & Monitoring Control Boards, Business Process Reporting and Monitoring, as well as AI-based GRC tools that enhance organizational strategy and planning. We also utilize AI-based tools to manage fraud and control, enabling the identification of potential risks and fraudulent activities.

IN FOCUS

Domains

Financial Risk Management
Financial Risk Management
Compliance and Financial Crime
Compliance and Financial Crime
Regulatory Change Management
Regulatory Change Management
Data Governance
Data Governance
ESG and Climate Risk
ESG and Climate Risk
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