Reveleus launches Basel II package

Boston-based financial analytics company, Reveleus, has launched a Basel II software product suite for enterprise risk management and compliance with the forthcoming capital regulations as specified by the Bank for International Settlements (BIS).

Reveleus Basel II is a suite of interlinking modules that offers banks the tools to manage enterprise-wide risk, allocate capital, and avoid regulatory penalties associated with non-compliance with Basel II, which is scheduled to take effect in 2006.

The system will allow banks to comply with Basel regulations for market and credit risk under standardised, foundation & advanced internal ratings-based approaches. It also provides a framework to help banks measure capital requirements for

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