SAP launches new Basel II functions for mySAP Banking


WALLDORF, GERMANY -- German software services provider SAP said it is providing new functions for its mySAP Banking package to help banks meet the requirements of the risk-based Basel II capital accord and new international accounting standards in the European Union (EU).

SAP said the Basel II functions of mySAP Banking help banks calculate risk exposure and associated capital charges. They also support the supervisory review and disclosure pillars of the risk-based accord that global banking

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