BKCP in Belgium selects FinArch to redesign its full finance, risk and reporting architecture

Financial Architects nv (FinArch) recently announced that BKCP in Belgium, part of Crédit Mutuel Nord Europe, selected Financial Studio to address its full finance, risk and reporting requirements. In order to better streamline all of its operations, to reduce its recurring costs and to support its growth, BKCP, part of Crédit Mutuel Nord Europe, investigated the full landscape of available solutions.

After a thorough analysis, FinArch’s Finance Resource Planning (FRP) platform with Financial Studio emerged as the best solution for BKCP to rebuild its entire finance, risk and reporting infrastructure. The business case evidenced that Financial Studio with its integrated platform and common data model was clearly the most comprehensive solution to run the bank. Once more, this demonstrates that Financial Studio is the answer for banks that consider moving to an integrated platform to support their finance functions.