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New bank partnership

Vestjysk Bank partner with AQRisk

01/07/2021

We are excited to announce that Vestjysk Bank and AQRisk have entered into a new fintech partnership.

Vestjysk Bank is a full-service bank that advises private and corporate customers locally and regionally via 29 branch offices in Jutland. It ranks as the 8th largest bank in Denmark.

AQRisk will provide Vestjysk Bank with the fintech application AQOpRisk, which supports optimizing operational risk management by easy incident capture and review – assessment of potential operational events and the control and insurance environment - calculation of risk and capital adequacy and as well as provide flexible business intelligence risk and regulatory reporting. All of it very effectively with few resources required.

Operational risk is typically the second largest (to credit) risk exposure in banks and managing operational risks professionally requires solving complex and very diverse tasks. The AQOpRisk application helps solve and optimize these tasks as an innovative consolidated operational risk platform - all fully integrated within Vestjysk Bank’s datacenter – BEC Financial Technologies.

Visit Vestjysk Bank.