Case Study

Thurgauer Kantonalbank was one of the first Swiss banks to implement a combined oprisk and internal controls solution with the Avanon System. Drawing on their pre-existing, ISO-certified process and quality management structure, TKB were quickly able to align the Avanon OpRisk solution to meet all requirements.  

 

The solution was implemented in 4 weeks, delivering a stable and reliable platform for pro-active, transparent management of known losses and potential risks. Aside from also satisfying the regulatory requirements under Basel II, the bank now has measurable benefits in terms of quality of risk information and a clean overall management process .

 

 

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