Paris, January 16, 2025 – AndBank Monaco SAM, the Monaco subsidiary of the Andbank Group, an international private bank with over 90 years of expertise and a presence in more than 12 countries, has selected the SBP Regulatory Reporting Solution of SBS.
This partnership marks a significant milestone for SBS, as it represents the first SBP Regulatory Reporting reference operated on AWS SaaS by a bank in the Principality of Monaco. The solution will address a broad range of regulatory requirements, including RUBA, ANACREDIT, VUC, Basel risk calculations, and more. AndBank will also take part in SBS’s client referral program, further strengthening the collaboration between the two companies while highlighting the benefits of the SBP Regulatory Reporting solution to stakeholders in the banking sector.
By choosing SBS, AndBank will benefit from the most advanced regulatory reporting solution on the market, demonstrating its trust in SBS’s expertise and its ability to meet the rigorous standards of the Monegasque market.
As SBS continues its expansion into highly demanding markets, this collaboration underscores the company’s commitment to providing robust regulatory solutions tailored to the needs of major financial institutions.