Global business management software company, CAMMS has entered the Sri Lankan market.
A provider of Enterprise Performance Management (EPM) and Business Intelligence (BI) software, CAMMS has teamed up with life insurance company, Ceylinco Life.
Ceylinco Life Chief Risk Officer/Director, Ranga Abeynayake said CAMMS would help the organisation manage its risks, incidents, hazards and audit in a time-efficient manner, producing cost savings.
“CAMMS’ integrated risk management was seen as an ideal option due to its ability to provide us with efficiencies in terms of our risk management process, clear visibility to critical risks and its ability to free up time so that we can focus better on strategic risks that can have an impact on our profitability, reputation and competitive advantage,” he said.
“As our operational risks are managed in a timely fashion, driven by the email notification system, and with time and cost savings achieved through more efficient monitoring of risk mitigation initiatives, we have begun to see an impact already.
“The solution also covers Audit Management as well as Incidents and near misses, which help us have better control in terms of our risk health,” Abeynayake said.
Country Manager for CAMMS Asia, Sanharsha Jayatissa said, “We have clients across the UK, Australia, North America, New Zealand, Singapore, and now we have launched in Sri Lanka.”
Founder and Managing Director of CAMMS Global, Joe Collins said the CAMMS suite of products would help redefine the way Sri Lankan organisations moved from strategy to execution.
“We offer a very sophisticated product and our approach is very flexible and effective across a range of industries, from banking and insurance, to health and utilities,” he said.