Solutions for Basel II from Infogix
The Basel II creates a number of new risk management challenges for banks like yours. To comply, you need to track and report exposure to credit, operational, and market risks. This requires you to capture all required information at the source, provide a sufficient level of detail, and assure the quality and consistency of your information. To calculate the capital required, you will also need to gather and process a vast amount of historical loss and other credit and market risk information and make it available to all of your subsidiaries in all locations.
Meeting challenges like these will require internal controls that can rapidly analyze information across all of your applications and processes. However, like many other banks, you may have a "point" solution that addresses only one application, and can only work on a specific computing platform and may require input data to follow a fixed format. Errors can go undetected as you process and transfer large volumes of information between disparate applications and systems.
Proven Basel II Solutions
To succeed, you need an enterprise-wide approach. Infogix offers proven software that has helped leading banks assure the integrity of their internal controls and processes for more than 25 years. Our automated solutions also provide the framework that you need to centrally manage operational risk.
- View information and controls across your enterprise. Monitor key controls. View the integrity of information across your company with our web-based control visibility software.
- Improve risk management. Reconcile information between your finance and risk-management systems. Assess risk as you validate information across files, reports, and databases. Get the real-time visibility that you need to trend information and monitor your processes.
- Detect and contain errors before they spread and contaminate.
- Reduce operational risks. Validate your historical market loss and other information, detect errors, duplicates, and missed process steps automatically. Our solution also makes it possible to document exceptions and audit trails.
- Enhance information management. Scale and deploy controls that reconcile and balance information at any level of detail, across all lines of business. Track each transaction step to gather path, content, and latency information. Decrease errors that occur with frequent transfers of large volumes of complex information within a dynamic business environment. Extract information from a variety of formats to automate manual audits and identify opportunities for improvement. automatically. Our solution also makes it possible to document exceptions and audit trails.
- Track Processes. Gain visibility into your processes. Set limits to stop processing when a process is outside control specifications. Or send an automatic alert when there are information errors or abnormalities to enable timely investigation and correction.
We help assure information accuracy to give you confidence in your Basel II program. More accurate information will also improve your risk management processes and compliance with Basel II.
Assure the Accuracy of Your Data, Processes, and Calculations
Infogix can help assure that the information you use in your Basel II calculations and analysis is accurate, timely, and reliable. We can also help you meet the requirements of all three Basel II pillars.
Learn More about How Infogix Can Help You Reach Basel II and Beyond
We can also help you meet the requirements of all three Basel II pillars. Infogix serves some of the world’s largest banks with proven independent and automated control solutions. In fact, eight of the top ten financial services companies worldwide use our solutions Contact us today to discover what Infogix Controls can do for you.
