I created the solution FiRE enabling banks to produce their regulatory reporting. The solution FiRE is used today by over 200 financial institutions in Switzerland and Liechtenstein to fulfull their legal requirements towards the Swiss National Bank and other Regulators. Credit, market, liquidity, currency and country risks are measured and reported to the authorities.
I started my career in auditing. During banking audits, I realized that there was no solution available for regulatory reporting. The Basel I regulation was too complex to manage manually. I worked on developing a software to meet this need.
Having a good reputation on the market is easy. Keeping this reputation and trust of clients is the challenge.