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BenchMatrix Partners with MCB to Strengthen Regulatory Compliance Management

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Pleased to announce the partnership of BenchMatrix with MCB Bank Limited – one of the leading Pakistani multinational commercial banks, for the implementation of Regulatory Compliance Management solution.

In a rapidly evolving and rigorously regulated financial landscape, it is imperative for banks to keep pace with these changes and ensure continuous compliance.

With the goal to enable MCB in streamlining regulatory adherence at scale, mitigating non-compliance risks, and boosting operational efficiency through state-of-the-art technology, this partnership marks another advancement in driving Pakistan's banking industry forward.

Currently being used by more than 60 clients across the globe, BenchMatrix’s Regulatory Compliance Management solution helps banks and other financial institutions stay compliant and up-to-date with latest international and local regulations.

With features such as Regulatory Library for Monitoring Activities, Observations for Internal & External Audit Tracking, Self-Assessment Questionnaires, Correspondences, Dashboards & Reporting, our RCM solution is built on cutting-edge technology.

Offering a wide range of enterprise technology solutions under the umbrellas of Anti-Money Laundering, Governance, Risk & Compliance, Loan Origination System, Digital Banking and Open Banking, we at BenchMatrix are always at the forefront of introducing innovative financial technologies.

Focused towards meeting the fast emerging needs of the global financial sector, particularly the MENAP region, what makes us unique is the strong knowledge base and deep industry expertise that our dedicated team brings to the table.

Having a strong clientele of 100+ financial institutions and 150+ successful implementations in 16 countries across 5 regions is a testimony of that.

I thank Waqas Mahmood (Chief Compliance Officer, MCB), Faisal Anwar (Chief Information Officer, MCB), and the entire leadership of MCB for extending hands. Looking forward to an impactful partnership for advancing the financial sector of Pakistan together.