Georgian Bank Goes Live with Optial

Optial’s GRC platform has been selected by a Georgian bank, headquartered in Tbilisi and operating across West & Central Asia and Eastern Europe, joining Optial’s growing list of banking clients in the region.

Based on Optial’s GRC SmartStart solution with Risk Management, Compliance Management and Incident Management modules, the bank worked closely with Optial’s team of experts to extensively reconfigure the platform to meet their requirements and provide a GRC solution that reflects the way their business and its subsidiaries work.

Some of the new configuration included:

• Reconfiguring Optial’s standard Risk Management module to reflect the bank’s risk control assessment processes and workflows

• Additional data capture in the Incident Management module to allow the bank to record all relevant data on incidents submitted by users throughout the business using web-based forms

• Multiple custom reports to reflect these configuration changes and to track trends, compliance status, and risk exposure, ensuring informed decision-making at all levels in the organisation

About GRC SmartStart

Our integrated modules offer a flexible and comprehensive platform for managing risk, compliance, and internal controls. With selectable modules that link together, you can build the best solution tailored to your needs. Each module provides focused insights and supports effective workflows and processes—empowering proactive decision-making, enhancing operational efficiency, and ensuring robust governance across your organisation. Where the standard Optial module does not exactly match business requirements, Optial's platform-integrated Configuration feature provides what the business wants.

About Optial

For over 20 years, clients have turned to Optial for GRC solutions across industries and geographies. Our GRC platform is the standard regardless of regulatory or compliance changes, because of the powerful and innovative technology it is built upon.

We have a proven track record of successful implementations, moving seamlessly to platform support. Whether you require 10 seats or over 20,000 seats, our mission is to provide you with the highest level of software solutions (product and services) to meet your GRC requirements.