Khushhali Microfinance Bank Limited has selected BenchMatrix to implement an automated regulatory Compliance Management System that would help them ensure comprehensive enterprise-wide compliance effectively.

RiskNucleus® Compliance Management System’s implementation will enhance the monitoring of regulatory compliance policy through a complete automated rule book library mapped to key activities within the organization and enable effective compliance risk management, observation management and self-assessment.

Commenting on this, Ghalib Nishtar, President  & CEO, Khushhalibank, said: “Khushhalibank is actively pursuing and investing in technology and solutions that strengthen Governance & ensure high degree of compliance.”

Khushhalibank is one of Pakistan’s leading microfinance institutions, with an extended network of 173 outlets across the country. Over the decades, the Bank has created a customer-focused expertise, backed by strong financial, operations and product management to invest in next generation financial and delivery management systems aimed at Pakistan’s rural and urban communities.

BenchMatrix is a leading advisory service and automated GRC solutions provider with a focus on developing practical and customized approaches to risk management for organizations. Their team has several full cycle implementation experiences in the multinational organizations with success stories in Bahrain, Qatar, Saudi Arabia, UAE, Kuwait, France, Canada, and Pakistan.