DePfa implement complete Basel II compliant risk manager

DePfa Bank has completed the implementation of the Kamakura Risk Manager suite having purchased the license in late 2001. The system is the first to completely integrate credit risk, market risk, asset and liability risks and meets the needs of Basel II.

The second major bank in Europe to license the software will now be able to use the suite of products on a portfolio of more than 65,000 transactions, including complex derivatives. Systems integration for the project was completed by IPS-Sendero, a distribution partner of KRM, including an XML interface to the Summit Systems front and back office system and an interface to the non-derivative assets and liabilities system from SAP R/3.

Alejandra de Gaustad, head of market risk control for

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