Acin, established in 2017, is an enterprise SaaS product. it enables companies to manage their risk and control data standards, it delivers benchmarking and controls data analysis' that is pioneering an Operational Risk revolution in finance, through its unique Networked, Defence Model.
Individual banks are spending $10s of millions every year managing Operational Risk and controls. Over $410 billion of Operational Risk capital is held by the world's top 30 banks. Financial institutions worldwide continue to rack up fines in the billions for non-compliance.The industry is waking up to the fact that a change in thinking is needed. Acin's networked, collaborative approach is aligned with regulators views stressing the importance of industry-wide collaboration. Acin is leading this change.