Quadrant To Help Danish Banking Industry Achieve Basel II Compliancy

Bankdata, outsourced services supplier to the Danish Banking Industry, is partnering with Quadrant Risk Management (International) to provide Basel II compliant solutions to their customers. Bankdata is enhancing Quadrant's operational banking solutions to comply with the Basel II regulatory framework.

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Bankdata, outsourced services supplier to the Danish Banking Industry, is partnering with Quadrant Risk Management (International) to provide Basel II compliant solutions to their customers.

Bankdata is enhancing Quadrant’s operational banking solutions to comply with the Basel II regulatory framework. Quadrant is supplying their 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.

“Bankdata policy is to develop solutions in-house,” says Boye Nielsen, development director of Bankdata. “However, in specialist areas such as Basel II we recognize the benefits of working with industry experts. Partnering with Quadrant enables us to provide our customers with a Basel II compliant solution quickly, with low risk and a rapid return on investment.”

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