iCreate Software preps solution to Central Bank of Egypt requirements [CPI Financial]
(CPI Financial Via Acquire Media NewsEdge) Banglalore-based iCreate has announced it is ready with a pre-built Basel solution, called Biz$core DRisk that caters to Central Bank of Egypt (CBE) reporting requirements under the Basel guidelines to help reduce complexity and non-compliance risk for banks.
The software firm's statement comes against a background of new regulations, guidelines and reporting requirements from the CBE to enable Egyptian banks to meet core components of the Basel II capital adequacy framework.
Designed to provide an integrated risk & compliance management solution, Biz$core DRisk has a pre-built Basel data mart, in-built data models, pre-packaged content and integrated ETL infrastructure.
Pre-packaged worksheets provide exposure, CRM / RWA-related details for different Basel asset classes in a single location, thus enabling quicker analyses. Biz$core DRisk also features pre-built regulatory reports compliant with CBE guidelines. An easily configurable object framework lays the foundation for on-going changes in Basel II, as well as for upcoming Basel III related requirements. With an intuitive user interface and easy to use controls, Biz$core DRisk is built on a J2EE platform.
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