News
March 27, 2023
Acin named as finalist for RegTech Partner of the Year at the British Banking Awards 2023
This is the first of its kind master library for risks and controls launched by Acin in 2018. Based on the Basel II framework and a proprietary taxonomy, all controls are mapped to businesses and risks. The library also provides quantitative measurement metrics, creating the standard for risks and controls across the financial services industry. Furthermore, Grid56 assigns a unique identifier for each control, enabling firms to rationalize controls and optimize risk identification and mitigation.