Background
A leading provider of solution or the financial services industry was looking for a collaborative partner that would help it develop a prototype to algorithmically apply Basel related rules within their financial risk management and compliance systems.
Engagement
The underlying script that was developed required to apply requisite RWA and capital charge treatment for various underlying asset classes, assuming various use cases further to the detailed Basel and country specific regime rules.
Results
A successful prototype was developed for UK based clients within the private banking space. The prototype algorithm module was incorporated within Fintech firm’s enterprise risk and compliance software tool.