Basel II

As Jaime Caruana, Chairman of the Basel Committee and Governor of the Bank of Spain, said, “Basel II introduces a far more comprehensive framework for regulatory capital and risk management than we have ever known ” .

Basel II represents a major revision of the international standard on bank capital adequacy that was introduced in 1988. It aligns the capital measurement framework with sound contemporary practices in banking, promotes improvements in risk management, and is intended to enhance financial stability.

“Effective and efficient decision making is enhanced with relevant and timely information supported by more quantitative analysis. This can be achieved through having a more robust data architecture and information system, integrated processes and enhanced information flow and reporting” (Dr. Zeti Akhtar Aziz, Governor of the Central Bank of Malaysia)

The technology arsenal of risk managers  will include data warehousing, multidimensional analysis, data mining and reporting , which will need to be applied in unique ways.

DaisyLabs team, integrating Business Intelligence and Risk Management skills, is committed to provide top products and services to Financial Institutions, in order to help them complying with Basel II.