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Customers: Case Study 03

Case Studies

Global Bank
KRI Module Implementation

Privatized Bank
Risk Assessment Framework..

Nationalized Indian Bank
Risk Assessment Framework..

Global Bank

Healthcare Payor
Operational Risk Consulting..

National Payor
Regulatory Compliance

Healthcare Provider
KRI & Business Impact..

Nationalized Indian Bank
Risk Assessment Framework & Risk Based Internal Audit

Client Situation

The bank was looking to automate their entire internal audit administration to reduce the cost of audit. It was also important for them to sensitize the audit process in the context of exposure. Before D'RisK, the bank had administered the entire manually. Specific difficulties involved in transparent reporting of business units, understanding the specific threats that were facing business units as well as assisting such units correct their errors. Standardization of audit process was necessary to introduce a equitable level playing field between departments to reduce subjectivity.


  • Define Audit units
  • Develop enterprise wide audit content knowledge repository
  • Define rules for rating and scoring consolidation and also defining assessment parameters
  • Review specific threats and group against taxonomy
  • Build corrective actions around the threat classes
  • Benchmark like functions for best practice enablement
  • Monitoring & tracking included automated rules for overdue works and remedial action also needed to be established including workflow for escalation & assignment
  • Provision for specialized risk templates for specialized branches was provided to simplify the process
  • Azilon also assisted the client create innovative annexure whereby management would have visibility into the rough calculations carried out by auditors
  • Value preposition provided to the bank by automating population of audit fields where possible, from two systems; the core banking system of Finacle and also BankMate
  • The client customized their reports and Azilon provided a comprehensive view of potential irregularities that had been mapped against the business lines and risk codes.

The client was able to generate both risk profile reports and regulator governance statements. This allowed the bank to move towards RBIA and created a structure in which the business units were bought in and able to benefit from the risk information that was being supplied to them. Automatic population from Finacle and BankMate reduced audit time considerably thereby making the task for auditors much easier. This freed up their time so that focus could be applied to irregularities rather than filling of complex statistical information.


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