Baseline's Basel II solution completes development stage

The company, launched in 2003, develops Basel II solutions for the UK financial services industry. It provides the only pooled end-to-end credit risk solution, which supplies practical compliance for mortgage lenders. Baseline also offers data exchange, benchmarking, management information and key performance indicator data.

Tim Fletcher, sales and marketing director at Baseline, said: “This is a key milestone for the business allowing us to demonstrate a complete end-to-end solution. We expect additional take up in the short term to add to the existing six clients now that the solution has been delivered. Demand is heavy for the demonstrations of the end-to-end solution now underway at our Cambridge data centre.”

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