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</style>{"id":2572,"date":"2023-04-17T08:18:38","date_gmt":"2023-04-17T08:18:38","guid":{"rendered":"https:\/\/profinch.com\/demo\/?p=2572"},"modified":"2023-07-31T09:05:53","modified_gmt":"2023-07-31T09:05:53","slug":"leading-mauritius-bank-engages-profinch-for-an-ofsaa-implementation-project","status":"publish","type":"post","link":"https:\/\/profinch.com\/demo\/leading-mauritius-bank-engages-profinch-for-an-ofsaa-implementation-project\/","title":{"rendered":"Leading Mauritius bank engages Profinch for an OFSAA implementation project."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2572\" class=\"elementor elementor-2572\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3fabbe7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fabbe7\" data-element_type=\"section\" id=\"digital_transformation\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a7eca63 categories_list\" data-id=\"a7eca63\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb127eb elementor-widget elementor-widget-heading\" data-id=\"bb127eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 31-07-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Table of content<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ab6a5e elementor-widget elementor-widget-spacer\" data-id=\"1ab6a5e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 31-07-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a518c6 elementor-align-left elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"0a518c6\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/profinch.com\/demo\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#challenge_on_hand\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Challenge on hand<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#project_scope\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Project Scope<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#highlights\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Highlights<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#conclusion\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Conclusion<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a5d1474\" data-id=\"a5d1474\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8bf96bb elementor-widget elementor-widget-image\" data-id=\"8bf96bb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 31-07-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1668\" height=\"834\" src=\"https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07.jpg\" class=\"attachment-full size-full wp-image-2739\" alt=\"\" srcset=\"https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07.jpg 1668w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07-300x150.jpg 300w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07-1024x512.jpg 1024w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07-768x384.jpg 768w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07-1536x768.jpg 1536w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/04\/thumbs-designs-07-1568x784.jpg 1568w\" sizes=\"auto, (max-width: 1668px) 100vw, 1668px\" style=\"width:100%;height:50%;max-width:1668px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df9554c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"df9554c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5c54526\" data-id=\"5c54526\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-054c6f0 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"054c6f0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-9165ed9\" data-id=\"9165ed9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7064a6 elementor-widget elementor-widget-heading\" data-id=\"a7064a6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#0071C9\" ;=\"\">\nLeading Mauritius Bank Engages<\/span> <br>Profinch for an OFSAA Implementation Project<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69f430b elementor-widget elementor-widget-text-editor\" data-id=\"69f430b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 31-07-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<div>The client is a large financial services provider in Mauritius catering to customers in Mauritius as well as some continental sub-regions of Africa. Operational since more than a decade, the client has been recognised as one of the best commercial and investment banks in Mauritius offering a vast array of banking conveniences.<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-95efabd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95efabd\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ae5dd65\" data-id=\"ae5dd65\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b9e31d0 elementor-widget elementor-widget-heading\" data-id=\"b9e31d0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#0071C9\";>Challenge<\/span> on hand<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01ee722 elementor-widget elementor-widget-text-editor\" data-id=\"01ee722\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div>The client was keen on building its capability for risk management while still meeting compliance requirements and delivering superior customer service through implementation of several key modules of OFSAA. Post manifold discussions, Profinch was onboarded because of the extensive implementation experience and an in-depth product understanding.<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2f22f92\" data-id=\"2f22f92\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-26c9a01 elementor-widget elementor-widget-image\" data-id=\"26c9a01\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"373\" src=\"https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/06\/challenge.png\" class=\"attachment-large size-large wp-image-5284\" alt=\"\" srcset=\"https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/06\/challenge.png 800w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/06\/challenge-300x149.png 300w, https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/06\/challenge-768x382.png 768w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" style=\"width:100%;height:49.75%;max-width:800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7e9e1f8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7e9e1f8\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4cb1215\" data-id=\"4cb1215\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a8a5ab elementor-widget elementor-widget-spacer\" data-id=\"6a8a5ab\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f2784f elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"5f2784f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-cf2805f\" data-id=\"cf2805f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81f8a82 elementor-widget elementor-widget-image\" data-id=\"81f8a82\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"980\" src=\"https:\/\/profinch.com\/demo\/wp-content\/uploads\/2023\/05\/tab-screenfor-banner-GIF.gif\" class=\"attachment-full size-full wp-image-3253\" alt=\"\" style=\"width:100%;height:81.67%;max-width:1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6b95584\" data-id=\"6b95584\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8665ccd elementor-widget elementor-widget-heading\" data-id=\"8665ccd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#0071C9\" ;=\"\">Project Scope<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf27924 elementor-widget elementor-widget-heading\" data-id=\"cf27924\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The scope of project was finalized to implement the following modules<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a28320 elementor-widget elementor-widget-text-editor\" data-id=\"4a28320\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Anti-Money Laundering<\/li><li>Regulatory Reporting<\/li><li>Know Your Customer<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5425a22 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5425a22\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-38a732c\" data-id=\"38a732c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b35ae5b elementor-widget elementor-widget-heading\" data-id=\"b35ae5b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Highlights<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-619c73d elementor-widget elementor-widget-heading\" data-id=\"619c73d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">The project was completed within the designated time <br>frame despite multiple hurdles in the form of trailing inefficiencies of the preceding service provider.<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5dfad71 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"5dfad71\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-531b12d\" data-id=\"531b12d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-faf689e elementor-position-left elementor-vertical-align-middle elementor-view-default elementor-mobile-position-top elementor-widget elementor-widget-icon-box\" data-id=\"faf689e\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/profinch.com\/demo\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-box.min.css\">\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_1\" height=\"512\" viewBox=\"0 0 50 50\" width=\"512\"><g><g style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><path d=\"m16.3 12.5c4.6-4.7 12.3-4.8 17.1-.1s4.9 12.3.3 17-12.3 4.8-17.1.1-4.9-12.3-.3-17z\"><\/path><path d=\"m28.6 44.3c0 1.9-1.6 3.5-3.5 3.5-2.1 0-3.8-1.8-3.5-3.9l1.2-11.2c1.5.3 3.1.3 4.6 0l1.3 11.1c-.1.2-.1.3-.1.5z\"><\/path><path d=\"m21.7 42.4h6.7\"><\/path><path d=\"m27.7 35.9h-5.3\"><\/path><\/g><g><g><g><g><g><ellipse cx=\"25\" cy=\"15.5\" rx=\"2.8\" ry=\"2.9\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/ellipse><g><path d=\"m29.2 28.1c1.1 0 2-.9 2-2 0-4.4-2.8-5.5-6.3-5.5s-6.3 1.1-6.3 5.5c0 1.1.9 2 2 2z\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/path><\/g><g style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><path d=\"m28.3 28.1v-2\"><\/path><path d=\"m21.7 28.1v-2\"><\/path><\/g><\/g><\/g><\/g><\/g><\/g><g><g><g><g><g><ellipse cx=\"43.3\" cy=\"4.4\" rx=\"2.2\" ry=\"2.2\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/ellipse><g><path d=\"m46.7 14.8c.9 0 1.6-.7 1.6-1.6 0-3.4-2.2-4.3-4.9-4.3s-4.9.9-4.9 4.3c0 .9.7 1.6 1.6 1.6z\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/path><\/g><g style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><path d=\"m46 14.8v-1.6\"><\/path><path d=\"m40.8 14.8v-1.6\"><\/path><\/g><\/g><\/g><\/g><\/g><\/g><g><g><g><g><g><ellipse cx=\"6.7\" cy=\"4.4\" rx=\"2.2\" ry=\"2.2\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/ellipse><g><path d=\"m10 14.8c.9 0 1.6-.7 1.6-1.6 0-3.4-2.2-4.3-4.9-4.3s-4.9.9-4.9 4.3c0 .9.7 1.6 1.6 1.6z\" style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><\/path><\/g><g style=\"fill:none;stroke:#000;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;stroke-width:1.5\"><path d=\"m9.3 14.8v-1.6\"><\/path><path d=\"m4.1 14.8v-1.6\"><\/path><\/g><\/g><\/g><\/g><\/g><\/g><\/g><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tSeamlessly achieved\t\t\t\t\t<\/span>\n\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tintegration with Core Banking and other source systems. This was critical to ensuring OFSAA functions in perfect alignment with the current systems.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a7af021\" data-id=\"a7af021\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a1565ff elementor-position-left elementor-vertical-align-middle elementor-view-default elementor-mobile-position-top elementor-widget elementor-widget-icon-box\" data-id=\"a1565ff\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"512\" viewBox=\"0 0 32 32\" width=\"512\"><g id=\"b85db83d-9203-44f9-8716-5a4a8d73faeb\" data-name=\"Layer 11\"><path d=\"m11.57 23a1 1 0 0 1 -.68-.27 9.28 9.28 0 0 1 0-13.46 1 1 0 0 1 1.36 1.46 7.3 7.3 0 0 0 0 10.54 1 1 0 0 1 -.68 1.73zm-4 2.68a1 1 0 0 0 0-1.41 11.43 11.43 0 0 1 0-16.54 1 1 0 1 0 -1.41-1.46 13.44 13.44 0 0 0 0 19.46 1 1 0 0 0 1.42-.05zm13.53-2.95a9.28 9.28 0 0 0 0-13.46 1 1 0 1 0 -1.37 1.46 7.27 7.27 0 0 1 0 10.54 1 1 0 0 0 -.05 1.41 1 1 0 0 0 .74.32 1 1 0 0 0 .68-.27zm4.72 3a13.41 13.41 0 0 0 0-19.46 1 1 0 0 0 -1.36 1.46 11.43 11.43 0 0 1 0 16.54 1 1 0 0 0 -.05 1.41 1 1 0 0 0 .73.32 1 1 0 0 0 .68-.27zm-7.82-9.73a2 2 0 1 0 -2 2 2 2 0 0 0 2-2z\"><\/path><\/g><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tSuccessful completed\t\t\t\t\t<\/span>\n\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tthe project within the designated time frame alongwith the implementation of additional AML scenarios. This helped build risk coverage on multiple fronts without any lag.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-189f0e3 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"189f0e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-05ec8f7\" data-id=\"05ec8f7\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-facf33c elementor-position-left elementor-vertical-align-middle elementor-view-default elementor-mobile-position-top elementor-widget elementor-widget-icon-box\" data-id=\"facf33c\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_1_1_\" height=\"512\" viewBox=\"0 0 64 64\" width=\"512\"><path d=\"m38.874 37.596c.262-.504.481-1.033.644-1.596h1.482c.552 0 1-.447 1-1v-4c0-.553-.448-1-1-1l-1.474-.024c-.171-.538-.39-1.067-.675-1.583l1.049-1.05c.39-.391.39-1.023 0-1.414l-2.829-2.828c-.391-.391-1.023-.391-1.414 0l-1.062 1.025c-.503-.262-1.031-.48-1.595-.644v-1.482c0-.553-.448-1-1-1h-4c-.552 0-1 .447-1 1l-.026 1.474c-.538.172-1.065.391-1.582.676l-1.049-1.049c-.391-.391-1.023-.391-1.414 0l-2.829 2.828c-.391.391-.391 1.023 0 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4s-1.794 4-4 4-4-1.794-4-4 1.794-4 4-4z\"><\/path><path d=\"m20.249 49.296c2.267-1.636 3.751-4.293 3.751-7.296 0-4.963-4.038-9-9-9s-9 4.037-9 9c0 3.003 1.484 5.66 3.751 7.296-3.876 1.003-6.751 4.519-6.751 8.704v3c0 .553.448 1 1 1h22c.552 0 1-.447 1-1v-3c0-4.185-2.875-7.701-6.751-8.704zm-5.249-14.296c2.522 0 4.729 1.345 5.962 3.35-1.878-.758-3.898-1.16-5.962-1.16s-4.083.402-5.962 1.16c1.233-2.005 3.44-3.35 5.962-3.35zm-7 7c0-.327.03-.646.074-.962 2.09-1.205 4.472-1.848 6.926-1.848s4.836.643 6.926 1.848c.044.316.074.635.074.962 0 3.859-3.14 7-7 7s-7-3.141-7-7zm17 18h-20v-2c0-3.859 3.14-7 7-7h6c3.86 0 7 3.141 7 7z\"><\/path><path d=\"m18.5 44.5c1.378 0 2.5-1.121 2.5-2.5h-2c0 .275-.224.5-.5.5s-.5-.225-.5-.5h-2c0 1.379 1.122 2.5 2.5 2.5z\"><\/path><path d=\"m14 42h-2c0 .275-.224.5-.5.5s-.5-.225-.5-.5h-2c0 1.379 1.122 2.5 2.5 2.5s2.5-1.121 2.5-2.5z\"><\/path><path d=\"m31 18v-9h2c.36 0 .693-.193.87-.507.178-.314.173-.699-.013-1.008l-3-5c-.361-.602-1.354-.602-1.715 0l-3 5c-.186.309-.19.693-.013 1.008.178.314.511.507.871.507h2v9zm-1-13.057 1.234 2.057h-2.468z\"><\/path><path d=\"m42.101 22.707 6.364-6.364 1.414 1.414c.19.19.445.293.707.293.089 0 .179-.012.267-.036.347-.097.616-.372.703-.722l1.414-5.656c.085-.341-.015-.701-.263-.949s-.607-.35-.95-.263l-5.657 1.414c-.35.087-.625.355-.721.703-.096.347.002.719.257.974l1.414 1.414-6.364 6.364zm8.524-9.939-.582 2.326-1.745-1.744z\"><\/path><path d=\"m15.014 12.541c-.096-.348-.372-.616-.721-.703l-5.657-1.414c-.339-.086-.701.015-.95.263s-.348.608-.263.949l1.414 5.656c.087.35.356.625.703.722.088.024.178.036.267.036.262 0 .517-.103.707-.293l1.414-1.414 6.364 6.364 1.414-1.414-6.364-6.364 1.414-1.414c.256-.255.354-.627.258-.974zm-4.664 2.553-.582-2.326 2.326.582z\"><\/path><path d=\"m60.515 32.143-5-3c-.309-.186-.694-.19-1.007-.013-.314.178-.508.51-.508.87v2h-9v2h9v2c0 .36.194.692.507.87.153.087.323.13.493.13.178 0 .356-.048.515-.143l5-3c.301-.18.485-.505.485-.857s-.184-.677-.485-.857zm-4.515 2.09v-2.467l2.056 1.234z\"><\/path><path d=\"m51.556 48.708c-.087-.35-.356-.625-.703-.722-.349-.098-.72.002-.974.257l-1.414 1.414-6.364-6.364-1.414 1.414 6.364 6.364-1.414 1.414c-.255.255-.353.627-.257.974.096.348.372.616.721.703l5.657 1.414c.081.021.162.03.243.03.262 0 .517-.104.707-.293.249-.248.348-.608.263-.949zm-3.257 3.942 1.745-1.744.582 2.326z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tInefficiencies and project mistakes corrected\t\t\t\t\t<\/span>\n\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tto set the stage for seamless implementation. Profinch team spent considerable time and effort fixing inefficiencies of the service provider onboarded initially for OFSAA implementation but later discontinued due to lapses therein. The undoing of mistakes entailed a lot of additional effort and the client was appreciative of it.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10c5c6c elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"10c5c6c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ef21db0\" data-id=\"ef21db0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-854a4cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"854a4cf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-be9869a\" data-id=\"be9869a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7207369 elementor-widget elementor-widget-heading\" data-id=\"7207369\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ef500a elementor-widget elementor-widget-text-editor\" data-id=\"9ef500a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div>Ensuring seamless implementation of OFSAA while fixing prior issues within the timeline was challenging but a great learning experience for the Profinch team. The client has been able to adopt a healthy risk management approach along with an access to insights regarding customers and regulatory requirements.<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0c3a4dc\" data-id=\"0c3a4dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Table of content Challenge on hand Project Scope Highlights Conclusion Leading Mauritius Bank Engages Profinch for an OFSAA Implementation Project The client is a large financial services provider in Mauritius catering to customers in Mauritius as well as some continental sub-regions of Africa. Operational since more than a decade, the client has been recognised as&hellip; <a class=\"more-link\" href=\"https:\/\/profinch.com\/demo\/leading-mauritius-bank-engages-profinch-for-an-ofsaa-implementation-project\/\">Continue reading <span class=\"screen-reader-text\">Leading Mauritius bank engages Profinch for an OFSAA implementation project.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2739,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[38],"class_list":["post-2572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-analytics-and-regulatory-compliance","tag-banking-analytics-and-regulatory-compliance","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Leading Mauritius bank engages Profinch for an OFSAA implementation project. - Atumverse<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leading Mauritius bank engages Profinch for an OFSAA implementation project. - Atumverse\" \/>\n<meta property=\"og:description\" content=\"Table of content Challenge on hand Project Scope Highlights Conclusion Leading Mauritius Bank Engages Profinch for an OFSAA Implementation Project The client is a large financial services provider in Mauritius catering to customers in Mauritius as well as some continental sub-regions of Africa. 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