Risk & compliance
Asseco Risk Management
The system provides all the necessary tools to assist financial institutions in estimating their risk exposures by standard methods as required under the Basel II and Basel III regulations. The system enables the calculation of business results in order to accomplish all the prudential reporting tasks. Reporting data are obtained from one source, ensuring full consistency and compliance with the validation rules. The system meets the requirements imposed by IAS 37 and IAS 39 for calculating impairment charges and provisions, as well as for keeping analytical records of such calculated values.
Implementation of the system increases the efficiency of risk management and helps fulfill all the regulatory requirements.