BlackIce Enterprise Risk Management Inc. (BlackIce) (CSE:BIS) announces today
the release of the Enterprise Risk Data Aggregation solution for banking.
BlackIce ERA(TM) is the first and only complete "out-of-the-box" solution that
delivers to boards and senior banking executives an integrated view of risk for
combined banking and trading books. "Bank executives, risk management committees
and Boards will be able to better understand their risk and effectively comply
with the BCBS Risk Data Aggregation guidance in the most cost effective and
timely manner", said Mac Kalyan, CEO Managing Director of BlackIce.


The foundation of BlackIce ERA(TM) was developed from a combination of years of
practitioner and consulting experience based on credit, market and operational
risk processes at financial institutions across the globe. The ERA(TM) solution
delivers an open, integrated and single source of data for all risk types across
the bank, enabling regulatory and management reporting from a single risk data
repository. 


"This is a unique and timely product," said Kalyan. "Financial institutions
worldwide are scrambling for assistance in dealing with their mounting data
management and reporting challenges as new international rules are implemented
and deadlines approach in 2016". 


BlackIce is co-marketing BlackIce ERA(TM) with IBM's PureData System for
Analytics to address new and evolving financial regulations and best practices.
This relationship results in an end-to-end ERA(TM) solution that provides a
rapid implementation path and a solution that will facilitate financial
institutions getting the most out of their data with confidence. 


BlackIce ERA(TM) comes packaged with hundreds of predefined risk reports with
defined business rules, and enterprise-level credit and market risk analytics.
In keeping with our company's philosophy of an open-solution, financial
institutions are able to use their existing applications and tools without
compromising any of the unique benefits of ERA(TM). The BlackIce approach and
strategic direction integrates the 'best of breed' market leaders in risk
analytics and business intelligence tools with the ERA(TM) in order to meet the
most sophisticated banking needs in a timely fashion. This not only ensures
regulatory compliance, but also the scalability necessary to meet the future
strategic needs of institutions.  


BlackIce ERA(TM) comes as a complete, out-of-the-box data and analytical
solution. ERA(TM) is an authoritative and comprehensive risk data environment
enabling dynamic reporting and risk analytics on demand for key tasks like
ad-hoc regulatory stress testing and real-time risk based pricing. As stated by
the Enterprise Data Management Council, "Risk Data Aggregation is not a
deliverable; it is an objective...firms must enable their technology
infrastructures, their business processes, and their data so they can
sufficiently respond to a systemic event, crisis and/or contagion". While
BlackIce ERA(TM) accelerates complex risk data aggregation projects, the
long-term value lies in establishing a single risk data platform for confident
risk decision-making. 


What sets ERA(TM) apart from the competition is its open architecture. Rather
than taking a "Black Box" approach, ERA(TM) is completely extensible and can be
adapted to any existing risk environment. Furthermore, having been built from
the ground up in financial institutions the solution is practical and proven,
not theoretical.


"Financial institutions face extraordinary challenges related to profitability,
complexity and new regulations in an uncertain economic environment. Many
institutions have historically siloed systems and data architectures, and
because of more exacting auditing, risk management and regulatory requirements,
underlying analytics it can take weeks to review pertinent account data. With
the BlackIce ERA(TM) the necessary data is only a key-stroke away", said Mr.
Kalyan. "The BlackIce ERA(TM) is a solution institutions would build for
themselves if time and money was not a constraint". 


While BlackIce ERA(TM) accelerates complex risk data aggregation compliance
projects, the long-term value lies in establishing a single risk data platform
for confident risk decision-making. There is currently no end-to-end solution
except for BlackIce ERA(TM).


BlackIce Enterprise Risk Management Inc. 

Mac Kalyan, CEO, Director

Supporting Information

For more information on the BlackIce Inc., and the ERA(TM) visit
www.blackiceinc.com. The BlackIce / IBM PureData System for Analytics brochure
is available at:
http://blackiceinc.com/wp-content/uploads/2014/04/IBM-PureData-Solutions-and-BLACKICE-ERA.pdf.


More information on Basel Committee on Banking Supervision (239) can be found
here: http://www.bis.org/publ/bcbs239.pdf


Forward-Looking Information

This press release may include forward-looking information within the meaning of
Canadian securities legislation, concerning the business and trading in the
common stock of BlackIce Enterprise Risk Management Inc. The forward-looking
information is based on certain key expectations and assumptions made by the
company's management. Although the company believes that the expectations and
assumptions on which such forward-looking information is based are reasonable,
undue reliance should not be placed on the forward-looking information because
the company can give no assurance that they will prove to be correct. These
forward-looking statements are made as of the date of this press release and the
company disclaims any intent or obligation to update publicly any
forward-looking information, whether as a result of new information, future
events or results or otherwise, other than as required by applicable securities
laws. 


The CSE has not reviewed, approved or disapproved the content of this press release.

FOR FURTHER INFORMATION PLEASE CONTACT: 
BlackIce Enterprise Risk Management Inc.
(604) 336-0107
www.blackiceinc.com

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