BOCHK takes Fermat for Basel II


The Hong Kong branch of Bank of China (BOCHK) has chosen Fermat, a provider of integrated risk and performance management solutions, for its Basel II project. The implementation will take place at BOCHK and its Hong Kong subsidiaries, Nanyang Commercial Bank and Chiyu Banking Corporation.

Fermat was selected for its capability to cover capital calculations and its powerful data storage and management. This is Fermat's first Basel II project with a leading Chinese bank, says Gilbert Gagnaire, co

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