Methodware releases Basel & MifID compliance frameworks

19 November 2007

Methodware, a leading developer of GRC software, is pleased to announce the release of the Methodware Basel and MiFID compliance frameworks.

The frameworks for the Basel Capital Accord and the Markets in Financial Instruments Directive are incorporated into Methodware’s Enterprise Risk Assessor software solution, and are pre-populated with the full text of the legislation, broken down to the paragraph/subparagraph level and classified according to applicability. Compliance managers will have comprehensive details of their regulatory requirements without the need for time-consuming and tedious analytical work.

Methodware’s CEO, Dr. Chris Moxon, said, “Methodware is widely acknowledged as a market leader in the GRC software market space for Financial Services companies. Responding to increasing market demand, we regard the development of pre-configured frameworks to suit compliance requirements as a natural progression towards the provision of more solutions-oriented products.”

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