
CIP uses Archer to support rigorous risk management methodology
Câmara Interbancária de Pagamentos (CIP) is a non-profit organization that operates as a clearing house for the Brazilian Payment System (SPB). It is in engaged in creating, developing and operating systems for the transfer of funds, and other financial and information assets, as well as processing and settling electronic payments.
Industry:Financial Services
Products:
Archer
Challenges
To provide high-quality risk management solutions to its customers and meet growth objectives, CIP needed a robust internal risk management program that facilitated an integrated view of risk across its business.
Solutions
CIP implemented Archer to support its risk management methodology, automate workflows, and coordinate all three lines of defense.
Results
- CIP has reduced its risk exposure.
- CIP now has a stronger internal risk management framework.
Archer has supported us from beginning to end, from design of our risk management methodology to proof of concept and deployment. It allows us to integrate all three lines of defense.
