Basel II Balance Sheet Certification Process-Workflow

This solution operates in conjunction with a certification scheme for software application vendors, solution providers, banks and financial institutions.
This framework will considerably help these entities with their Basel II compliance, governance and risk management challenges and avoid costly penalties.

Peach links its unique compliance maps and audit checklist templates with the above process framework in order to integrate specific workflows into any Basel II rulebook and compliance systems – regardless of type and vendor.

Basel II is an international Accord that requires banks and financial firms to have a more rigorous risk sensitive framework for the assessment of risks and capital requirements, to ensure that insurers can meet their obligations.
Accordingly, Basel II process workflows are affected by and affect Sarbanes-Oxley Act, MiFID (Markets in Financial Instruments Directive), Solvency II Accord, Asset & Liability Management (ALM), Anti-Money Laundering (AML), and other related frameworks.
Instead of working in a silo, Peach solutions help auditors, compliance officers, banks, financial institutions and solution providers to cross reference Basel II to the other relevant frameworks for overlaps.
Peach enables such corporate entities integration of Basel II with other self-attestation audit questionnaire checklists and processes, to avoid costly duplication or triplication of information and implementation costs.

This solution and other solution of Peach are based on Dr Abe Abrahami’s 34 year-experience and know-how that have helped blue chip companies and government agencies to save or increase revenue by an estimated $300 million US dollars.
Peach solutions also incorporate essentials from Dr Abrahami’s book on Compliance & Change Management.

The Institute of Management Specialists and Ansted University accredit and validate Peach’s best-practice, proven and successful techniques and training courses.