GRC Technology Leader Partners with Luxembourg-Headquartered Private Banking Group
AUSTIN, TX | October 30, 2018 – 360factors, Inc., the industry thought leader in pioneering the use of artificial intelligence to empower companies to manage compliance and risk solutions, announces that KBL European Private Bankers (KBL epb), a pan-European private banking leader, is deploying 360factors’ flagship platform, Predict360™ Risk Management Solution. 360factors will be implementing an operational risk management solution that will provide continuous improvement for operational risk-related activities for KBL epb. Predict360™ will enable global operational risk managers to more efficiently monitor and manage risks associated with their processes.
Founded in 1949 and staffed by 2,000 professionals, KBL epb is headquartered in Luxembourg and operates in 50 cities across Europe.
“We are constantly seeking to improve our services to our clients, and that includes by investing in technologies to support our ability to respond to the ever-changing market and regulatory environment,” says Laurent Ricciardi, Head of Group Operational Risk Control, KBL epb. “We believe that 360factors offers us the tools and the support we are looking for to meet our operational risk management ambitions.”
Based in Austin, 360factors Inc., has been developing and implementing compliance and risk management software solutions using artificial intelligence since 2012 and has provided solutions to companies worldwide.
“We’re proud to be working with KBL epb to provide solutions to improve process management and operational risk monitoring,” says Carl L. McCauley, CEO for 360factors, Inc. “Our solution will increase operational efficiency and support KBL epb’s ability to deliver the best possible service to their clients.”
360factors, Predict360™ platform will establish a common set of controls allowing risk managers to monitor and maintain the efficiency of those controls. Ultimately, Predict360 will increase operational efficiency while giving executives visibility across all operational risks, processes and incident-related activities.
360factors, Inc. (Austin, TX) empowers companies to improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, integrates regulations and requirements, policies and procedures management, risks and controls, audit management and inspections, on-line training and qualifications, and all compliance activities in a single cloud-based SaaS platform based on artificial intelligence. Visit www.360factors.com for more information.
About KBL European Private Bankers
KBL European Private Bankers (KBL epb), founded in 1949, is headquartered in Luxembourg and operates in 50 cities across Europe, staffed by 2,000 professionals. Widely recognized as a private banking leader, KBL epb serves high net worth individuals, families and business owners, as well as a broad range of institutional and professional clients, including family offices, foundations and external asset managers. Visit www.kbl.lu for more information.