Basel II Template
BWise can assist organizations with meeting the recommendations and risk requirements of Basel II. The accord notes that the greater the risk to which the bank is exposed, the greater the amount of capital the bank needs to hold to safeguard its solvency and overall economic stability. Based on best practices and our years of experience, BWise has developed a specific approach to meeting the financial and operational demands of the Basel II accords. This approach enables banks to assess and analyze its risks, and build a framework with the appropriate measures to manage its risks on a day to day basis, not only providing compliance with Basel II, but also laying the foundation for improvements to the enterprise.
Meet all reporting requirements
With the best practice, process based approach from BWise for Basel II compliance, banks can not only manage their risks, but they are also enabled to prove to regulators, credit agencies and accountants that risks are managed, and how those risks are managed. Reports and insights into those risks can be easily compiled and presented. The BWise solution can also be used to grant limited access to an enterprise’s external accountants or auditors, so that they too can monitor risks at anytime. In addition, a process-based approach to Basel II, has proven to be a very effective way to bring risk management to an operational level, and give management insights in how to optimize the required capital reserve.
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