Hammer Team, the Swiss software incubator, today announces its support for a new partnership that will combat the challenges of Enterprise Risk Management. The partnership consists of a trio of proven B2B financial technology providers within the Hammer Team group, namely, Oxial (governance risk and control software), Squirro (enterprise analytics and insights developer), and Qumram (cross-channel digital compliance and customer experience analytics).
The partnership was created in response to the growing industry demand for ERM solutions to broaden their reach with expertise and integration. Pierre Pourquery,
The new ERM alliance offers real-time analytics and automation and creates a 'best-practice' ecosystem that stretches upwards from a foundation of data sources (both structured and unstructured), across multiple risk scenarios (including AML/KYC, fraud, financial, IT, process and business), before moving up through the organisation to create an omni-analytical layer (AI, correlation, pattern, aggregation, prediction) and culminating in a core top ERM layer (control, surveillance, scenario analysis, client and pricing strategy). This ecosystem supports compliance and best practice standards for numerous regulations including: Basel II & III, Solvency II, COSO II, Cobit V4, ITIL, ISO31000, ISO27001, QHSE, SST, ISO9001:2008, MiFID2, DoL, CFPA,
For banking customers, the partnership brings together a range of safeguards, across the enterprise that reduce risk, ensure regulatory compliance, increase transparency, and better protect the interests of financial services consumers.
Ariel Lüdi, serial entrepreneur and founder of the Hammer Team incubator, says the partnership benefits from the collective strengths of its members, and their individual areas of proficiency, "We're launching from a position of trust in the industry. The collective customer base of Oxial, Squirro and Qumram already includes some of the world's leading financial institutions -
The launch of the partnership will be marked in an upcoming webinar on
To register for the webinar, please visit: http://www.oxial.com/erm-eco-system/
OXIAL is the Swiss Governance, Risk and
Squirro is a data insights solution developer. Based in
Qumram is an award-winning global provider of multi-channel digital recording, e-discovery, and web archival solutions. Many of the world's leading financial institutions use Qumram to seamlessly record and replay all interactions, via all digital channels to prove compliance, mitigate conduct risk, resolve disputes, aid fraud detection, expose employee governance issues, and improve customer experience. Qumram is headquartered in
SOURCE Hammer Team