Basel II
Date Published: 10/04/2008
>> Basel II - Feel The Figures.
- The client has designed its Basel II framework, but some sourcing still has to be implemented.
- Change management is an important issue. The client could not internally create the momentum to succeed in having Basel II used on an ongoing mode and now considers external assistance in this regard.
- The objective of the client is to ensure US stakeholders will be able to understand and analyze the Basel II data.
- Through better understanding of the Basel II figures, there will be higher quality and completeness of Basel II calculation parameters. This will prevent using defaulted Basel II parameters and result in savings of several billion dollars on capital allocation.