SupTech Implementation in Ethiopia

SupTech is a new generation of financial technology designed to revolutionize the way regulatory and supervisory activities are conducted in the financial industry. We are integrating innovative technologies to enable financial institutions to automate regulatory compliance, risk management, and supervision processes.

We won a major tender to develop a prototype of a groundbreaking SupTech solution for the National Bank of Ethiopia!.

Unlike traditional methods that rely on paper-based reporting or XML data collection, our SupTech solution offers a secure and efficient way to transmit and process data, providing real-time analytics that allow financial institutions to make informed decisions proactively.

What sets our Sup Tech solution apart is its ability to provide more proactive, evidence-informed policy and regulatory approaches, more responsive, efficient, and effective supervision, and better cross-sector and cross-border collaboration.

Our Sup Tech solution helps financial institutions stay ahead of the curve, enabling them to respond quickly to market changes and stay compliant with the ever-changing regulatory landscape.

With our innovative technology, we will revolutionize the way the central bank collects and analyzes data from six financial institutions in Ethiopia. Our solution will provide real-time insights and granular recommendations, empowering more informed decision-making and enhancing the bank's regulatory and supervisory capacity.

By automating the data collection and analysis process, our SupTech solution will streamline the central bank's operations, providing unparalleled accuracy and efficiency.

This will help the bank say goodbye to manual processes and hello to a more efficient and streamlined approach. With our cutting-edge technology and dedication to innovation, we're proud to be at the forefront of the exciting technological revolution that is transforming financial regulation and supervision.

With our platform, financial institutions can easily manage vast amounts of data, identify potential risks and vulnerabilities, and take proactive measures to mitigate them.

Overall, our Sup Tech solution is a powerful tool that benefits both financial institutions and regulatory authorities. It empowers financial institutions to manage risks more effectively and improve their compliance and reporting processes, while helping regulatory authorities to monitor compliance more efficiently and effectively.

Other Projects

Data Diagnostic Assessment

In October 2022, we launched an extensive project to conduct data architecture diagnostic assessments in several countries across Africa and the Pacific.

Gender-Smart Product Design

We are working directly with selected FSPs to develop and pilot a roadmap for enhancing their capacity for GSPD to increase access to finance and digital inclusion for women.