Profile Software has announced the successful implementation of RiskAvert, its regulatory capital calculation, liquidity risk and XBRL validation and reporting platform at Investment Bank of Greece.

Profile Software has also completed the recent XBRL submission exercise to the Bank of Greece (EBA Reporting framework 2.7.0.1).

The bank selected RiskAvert to address its compliance requirements that pertain to the implementation of a robust efficient and automated risk management platform to manage the calculation, group consolidation and reporting of credit, market, operational and liquidity risk.