For banks looking for a simple solution to enable Basel II compliance here are two possibilities.
First, a pre-built Basel II framework is being offered by Revelus. The integrated capital adequacy calculations and technology framework offers banks a complete and flexible set of analytics and metrics. This enables banks to manage enterprise-wide risk, accurately allocate capital, and avoid regulatory penalties associated with non-compliance.
Second, specifically for credit risk, Almonde is offering Almonde Credit. This service allows banks to achieve Basel II compliance quickly. It enables customers to establish an integrated credit exposure process, from credit scoring and exposure reporting, to stress testing and historical analysis of portfolios and counterparties.
