Kalypto Risk Technologies to implement Kalypto/Credit at Al Masraf – Abu Dhabi, UAE

Mumbai, India - 25 May 2010

Al Masraf, a leading bank and federal entity based in Abu Dhabi, United Arab Emirates, has opted to implement Kalypto/Credit, an advanced credit risk management solution developed by Kalypto Risk Technologies, Mumbai. The solution provides comprehensive coverage for Credit Risk Management, including Credit Rating and Credit Scoring for corporate and retail portfolios, Credit Appraisal, calculation of risk components and analytics including capital charge computation. The software is Basel II compliant and provides coverage for all the approaches prescribed under the accord.

Al Masraf is the 2nd bank in the UAE to implement Kalypto’s advanced solution for Credit Risk and the 3rd bank in UAE to partner with Kalypto in implementing its advanced risk management solutions.

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