IRIS expands its presence in Eastern Europe

PRLog (Press Release) - Feb 12, 2008 -
Warsaw / Zurich -- IRIS integrated risk management AG, a Swiss-headquartered international provider of advanced risk and financial analysis solutions for banks, insurers and corporations, announced today the creation of a sister company in Warsaw, Poland.

The company, IRIS integrated risk management Polska Sp. z o.o., is active with a team of six since January 2008. Its mission is the local support and consulting of the existing riskpro™ customers in Poland as well as the further development of the IRIS activities in Poland and surrounding countries.

CEO of IRIS Poland is Mr. Bartlomiej Paszkiewicz. He has a broad experience in risk management, financial analysis and IRIS solutions earned through past activities in and outside Poland with Computerland, Deloitte, Bazy i Systemy Bankowe, etc.

“The decision to build an active local presence in Poland was mainly triggered by the identified potential for our solutions and approach in the region and by the excellent experience IRIS and its customer have made with Polish consultants in and outside Poland”, said Dr. Winter, CEO, IRIS integrated risk management AG.

Contact information:
IRIS integrated risk management Polska Sp. z o.o.
Śwętokrzyska 36/31K
00-116 Warszawa / Warsaw
Tel./Fax:+48-22-620-54-86
Mobile: +48-666-396-096
bartlomiej.paszkiewicz@irisunified.com
http://www.irisunified.com


About IRIS AG
IRIS integrated risk management AG (http://www.irisunified.com), founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ financial analysis infrastructure for banks, insurers and corporations. Delivery, implementation, consulting and support are executed worldwide by IRIS AG, its sister companies and in cooperation with a number of local or regional partners.

About riskpro™
riskpro™ enables organizations to measure and monitor risk and profitability enterprise-wide with a single cost effective integrated analysis infrastructure. riskpro™ covers in a modular way: Market Risk Analysis, Credit Risk Analysis, Performance and Funds Transfer Pricing, Dynamic Simulation, Strategic Enterprise Management (SEM), Limit Management, Settlement Risk, Rating / Scoring, Basel II, Regulatory Capital, Economic Capital, Capital Allocation, IAS 32 & 39 / IFRS 7, Solvency II, Asset and Liability Management, Liquidity risk Management and Analysis, Operational Risk.

These analyses cover all financial products, from saving accounts to exotic options, for any type of accepted valuation method. The underlying universal contract-centric data model and calculation engine of riskpro™ ensures precision and consistency in all results. riskpro™ is currently being used or implemented in over 230 small to large financial organizations in 20 countries.

Photo:
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