RiskTech, a Hexaware subsidiary and a leading provider of Enterprise Risk Management and Risk Technology services, today announced that it has won three new consulting and implementation contracts in US in areas of credit and operational risk.
RiskTech is working with two of the top 10 US banks. The first project is in the area of credit risk for Allowance for Loan and Lease Losses (ALLL) and counterparty credit risk. The second project is in the area of Basel II compliance.
RiskTech has also been selected by one of the large US regional banks for an operational risk benchmarking exercise. The company also won a new deal with a tier-I financial institution in Singapore for implementing an asset and liability system and an operational risk implementation and training project for one of the largest banks in :country-regionSouth Africa.