T1 Innotech: Oasis. OpRisk

Main article: Business Process Management

2024: Presentation of "OASIS. Risk"

T1 Innotekh (part of T1 Holding), a leading supplier of solutions for business digitalization, presented a set of software products that will cover all the needs of Russian banks in high-tech tools for effective operational risk management. The solution combines the functionality of the OASIS platform . The developer announced this on October 21, 2024.

The flexible design platform of OASIS. Risk, which T1 Innotech is working on, will automate the entire cycle of operations risk management: conduct, identification accounting and regular monitoring of risk indicators, collect data about losses and register incidents, monitor the implementation of action plans and monitor the level of risk.

The ease of integration and modular structure of the solution will allow the customer to adapt the product to their own needs. By default, the system ships with already configured object processing processes and reference books, which allows you to quickly start using it.

OASIS bundle. The risk with the ORIX service (included in) register of Russian software from the Innotech T1 will help to banks to effectively assess the level of losses taking into account benchmarks - to compare their own impersonal indicators with market averages. Thus, financiallycredit organizations will receive a tool for quickly adjusting the strategy.

Our detailed study based on ORIX data showed that losses in Russian banks due to operational risks are half as much as in foreign ones. Domestic IT developments play an important role in this, which help enterprises to competently build processes - in recent years, our team has been focused on creating just such solutions. During this time, we have accumulated expertise that made it possible to offer the market an integrated approach to operational risk management: the components of our solution mutually enrich each other with data and functionally. The synergistic effect takes the management of operational risks in banks to a qualitatively new level and encourages them to build effective interaction with the regulator in this area, - commented Dmitry Kharitonov, General Director T1 Innotekh, First Deputy General Director of T1 Holding.