EUROPEAN PROFILES S.A

TITLE OF PROJECT

Software Development and Expert Advice on Early Warning System for Financial Market Authority and the National Bank of Slovakia

Country:

Slovak Republic

Project Period:

5/2004 - 5/2005

Project Value:

€ 600.000

No of Staff Provided:

4

Origin of Funding:

EU Phare

Name of Client/ Beneficiary:

Ministry of Finance of the Slovak Republic

CFCU

Description of Project:

The major part of the project consists of the assistance to the Financial Market Authority (FMA) in Slovakia to build an efficient information system for supervising capital market and insurance industry and develop SW for Early Warning System for capital market and insurance industry. The assignment consists of the assessment of current IS, information system design, and development of SW application for the FMA Early Warning System.

The minor part of the project consists of the expert advice to the Bank Supervision Section of the National Bank of Slovakia to upgrade their on-site IS and extend the risk rating system for banks.

Services Provided:

• Technical assistance to the FMA
• Design and development of Information System
• Development of software application
• Software installations and training
• On site upgrade of the Information System

Name of Partners:

• ASYK S.A. (leaders)