Case Study: Alfa-Bank achieves smarter risk management and easier compliance with Misys FusionRisk

Alfa-Bank drives smarter risk management decision-making

Alfa Bank, the largest private bank in Russia, was growing rapidly while facing a volatile economic climate and new Basel III regulatory requirements. The bank also struggled with operational complexity and many isolated risk systems, making it difficult to gain a timely, enterprise-wide view of risk. It turned to Misys and Misys FusionRisk to strengthen compliance and risk management across the business.

Misys implemented FusionRisk as a centralized risk and compliance platform, consolidating risk information from multiple front-office systems into a single trusted source. The result was faster access to comprehensive risk data, better decision-making and reporting, reduced time and effort for regulatory compliance, and a 25% cut in IT support costs for Alfa Bank’s investment banking division.

Alfa Bank

Tatyana Kosareva

Head of IT Systems for Investment Banking and Risk Management