Basel II Reporting

The Banking and Financial Services industry has undergone significant transformation in various critical business processes like risk management practices, supervisory approaches, and capital requirement assessments. Since the introduction of Basel II Accord, Consolidation, Advanced Risk Management techniques, Data Management and Reporting models have evolved as a major concern.

Pillar III of Basel II Accord complements the minimum capital requirements (Pillar I) and the supervisory review process (Pillar II). It features Market Discipline that requires banks to disclose essential information regarding their capital allocation and the risks they take beyond current financial reporting guidelines. .

Services

Pillar III encourages banks to develop urbane proficiencies in analyzing risk, aligning regulatory requirements more closely with internal methodologies and improving operations in general. This involves developing a set of disclosure requirements allowing market participants to assess key information on the scope of applications, capital, risk exposures, risk assessment processes, and capital adequacy of the institution.

Hexaware Basel II Reporting Solution

Hexaware offers an integrated solution that encompasses a single technology framework, a common middle layer and a common presentation layer. Our Pillar III solution addresses disclosure requirements that meet regulatory expectations based on qualitative and quantitative approaches. We aggregate the risk system with well-informed and integrated data management and reporting models. We offer Technology Consulting, Development and implementation and Support for Basel II.
 

Hexaware Value Proposition

Vast knowledge and experience in designing solutions to address credit, market and operational risk, securitization and record keeping.

Rich experience in building solutions that are in compliance with accounting principles and use advanced IRB assessment approaches.

 

• Robust technology expertise: Our combined use of integrated and scalable architecture, use of customized proprietary analytics addresses the support of local regulations and the future needs of the customer
  
   
• Market Discipline: Our practice meets disclosure requirements in an auditable and robust process by means of extensive data collection and consolidation as well as system integration and report capabilities within a global risk infrastructure
  
   
• Low Cost: Our integrated risk system developed with a Web-based front-end provides significant savings in terms of user training, installations, software support and upgrades
  
   
• Pre-packaged reports: These are prepared in line with compliance requirements