Quadrant aids Basel II compliancy in Denmark
Danish banking industry gets to grips with Basel II
Bankdata, outsourced services supplier to the Danish Banking Industry, is partnering with Quadrant Risk Management (International) to provide Basel II-compliant solutions to its customers.
Quadrant has announced that Bankdata, IT Services Supplier to the Danish Banking Industry, is enhancing its operational banking solutions to comply with the Basel II regulatory framework. Quadrant is supplying its SAB2 data model for the Basel II Standardised Approach, to maintain risk event history results from Bankdata’s standardised calculator, which is part of their operational system.
Quadrant is also supplying Bankdata with its advanced retail credit risk B2 data model for use at Danish bank, Almbrand. For Almbrand, the B2 data model will be used as the basis for its results, and will be integrated with its data warehouse to complete a working system with its existing credit risk application and analytics engine for Basel II.
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