One of Pakistan's largest private banks has hired BenchMatrix, which provides advisory services and automated governance, risk and compliance IT, to provide automated regulatory compliance, enterprise risk management and risk rating software.

Faysal Bank Ltd (estd 1994) has selected BenchMatrix to put in place an automated compliance risk management, ERM and risk rating system. This includes regulatory reporting related to CAR, LCR & NSFR (capital assets ratios, liquidity coverage ratios and net stable funding ratios).

RiskNucleus Regulatory Compliance, the name of the package, will give the bank an automated and up-to-date rulebook library and will link it somehow to the bank's key activities, complete with compliance risk management, observation management and self-assessment. It will also enhance the bank's data maintenance and risk reporting.