BANCO BOLIVARIANO acquired and is now implementing
the specialized credit risk module, FINANWARE™ Credit
Risk IRBa, in compliance with regulations 601 and
602 issued by the Banking and Insurance Superintendency
of Ecuador in December 2003 to regulate credit risk
control in the Ecuadorian financial system. With this
module, Banco Boliviariano -a customer since 2001-
has completed the FINANWARE™ product suite.