Basel II Accord risk management solutions.

With the rapid development of the financial market, and growing complexity of financial products, banks are faced with unprecedented business challenges and risks.

The purpose of Basel II, which was initially published in June 2004, is to create an international standard that will ensure that capital allocation is risk sensitive. It was also designed to separate operational risks from credit risks, and be able to measure both kinds of risks. Since its establishment, Basel II has been widely accepted by the banking industry worldwide.

Through years of work experience for banking clients and close partnership with internationally known consulting firms, iSoftStone offers a total risk management solution on Basel II, which is based on industry best practices and the combination of various risk analysis frameworks.

Main features of the solution:

• Functions on the Basel II Accord framework
• Separates risks into different levels and categories
• Supports the advanced approach for internal ratings based (IRB)
• Supports internal auditing
• Accepts varied data input
• Reports on business process and results
• Performs authorization management

Our risk management solutions support:

• Loan systems
• Guarantee systems
• Capital systems
• Asset management systems
• External systems