Archer Case Studies Leading Bank in Turkey Relies on Archer for Integrated Risk Management

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	Leading Bank in Turkey Relies on Archer for Integrated Risk Management Archer

Leading Bank in Turkey Relies on Archer for Integrated Risk Management

Archer

Technology Category	Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Industries	Finance & Insurance
Use Cases	Regulatory Compliance Monitoring
Services	System Integration
Challenge	Türkiye Vakıflar Bankası T.A.O., one of the largest banks in Turkey, faced the challenge of efficiently executing a multitude of distributed processes and procedures associated with risk management. Given the size and diversity of its offerings and operations, the bank needed a solution that could consolidate these processes on a single platform and enable a streamlined, efficient approach. The bank also had to comply with regulations for management of third parties published by the Banking Regulation and Supervision Agency (BRSA), which oversees and regulates the Turkish banking sector. Read More
About Customer	Türkiye Vakıflar Bankası T.A.O. is one of the largest banks in Turkey, serving individual and corporate customers through more than 900 physical branches and internet banking. In addition to core financial services, the bank engages in investment banking and capital market activities, playing a leading role in financing domestic and foreign trade. It also works with financial affiliates to offer other products ranging from insurance to leasing and factoring services. Read More
Solution	Since 2013, the bank has relied on Archer to consolidate its risk management processes on a single platform. Archer was chosen after a market survey of technology providers for automating risk management processes. The bank employs multiple Archer solutions to address requirements across areas of risk management that include IT security, audit, business resiliency, compliance and third-party governance. Archer provides robust reporting functionality to Türkiye Vakıflar Bankası T.A.O., enabling the generation of reports using real-time data. Archer also plays a key role in enabling the bank’s compliance with regulations for management of third parties. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Industries

Finance & Insurance

Use Cases

Regulatory Compliance Monitoring

Services

System Integration

Challenge

Türkiye Vakıflar Bankası T.A.O., one of the largest banks in Turkey, faced the challenge of efficiently executing a multitude of distributed processes and procedures associated with risk management. Given the size and diversity of its offerings and operations, the bank needed a solution that could consolidate these processes on a single platform and enable a streamlined, efficient approach. The bank also had to comply with regulations for management of third parties published by the Banking Regulation and Supervision Agency (BRSA), which oversees and regulates the Turkish banking sector.

About Customer

Türkiye Vakıflar Bankası T.A.O. is one of the largest banks in Turkey, serving individual and corporate customers through more than 900 physical branches and internet banking. In addition to core financial services, the bank engages in investment banking and capital market activities, playing a leading role in financing domestic and foreign trade. It also works with financial affiliates to offer other products ranging from insurance to leasing and factoring services.

Solution

Since 2013, the bank has relied on Archer to consolidate its risk management processes on a single platform. Archer was chosen after a market survey of technology providers for automating risk management processes. The bank employs multiple Archer solutions to address requirements across areas of risk management that include IT security, audit, business resiliency, compliance and third-party governance. Archer provides robust reporting functionality to Türkiye Vakıflar Bankası T.A.O., enabling the generation of reports using real-time data. Archer also plays a key role in enabling the bank’s compliance with regulations for management of third parties.

Impact #1	Archer enables Türkiye Vakıflar Bankası T.A.O. to proactively generate business impact analysis and IT risk assessments and then correlate the relation between applications and IT risks.
Impact #2	Archer can automatically calculate service criticality levels, and those real-time outputs can then be used as inputs for other systems.
Impact #3	Archer provides robust reporting functionality to Türkiye Vakıflar Bankası T.A.O., enabling the generation of reports using real-time data.

Impact #1

Archer enables Türkiye Vakıflar Bankası T.A.O. to proactively generate business impact analysis and IT risk assessments and then correlate the relation between applications and IT risks.

Impact #2

Archer can automatically calculate service criticality levels, and those real-time outputs can then be used as inputs for other systems.

Impact #3

Archer provides robust reporting functionality to Türkiye Vakıflar Bankası T.A.O., enabling the generation of reports using real-time data.

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Overview

Leading Bank in Turkey Relies on Archer for Integrated Risk Management

Operational Impact