Risk Monitoring

Sept 18, 2009 (LBO) – Sri Lanka’s Bartleet TransCapital, has linked up with Aprivaa and risk consulting and analytical service provider for banks, insurers and asset managers, the company said. “The ever increasing complexity of products in the financial services sphere and the volatility of financial markets, make risk management and regulatory compliance of utmost importance, TransCapital chairman A S Jayawardena, a former governor of Sri Lanka’s central bank said in a statement.

Aptivaa which has offices in the USA, UK and in Singapore and operates a deliver cente in Mumbai, providing expertise covering risk and compliance under regulatory regimes such as Basel II, MiFID and Solvency II, the company said.

Aptivaa says it also helps financial firms manage risk by custom developing solutions using a modular approach, adapting to each client’s objectives, complexity, risk profile and geographic spread.

Aptivaa also partners with risk-solution software providers. The company offers project management services, business analysis and domain support of third party risk management systems and frameworks.