Fernbach launches 'Basel II in a box' for SMEs

LUXEMBOURG – Software company Fernbach has today launched 'Basel II Ready to Go', directed at small to medium-sized enterprises (SMEs).

The software, which is tailored to each company, is ready to use within six weeks and includes templates for Basel II reports for 50 financial instruments.

Fernbach aims to lead the SME market for Basel II compliance by offering exceedingly inexpensive and simple Basel II solutions for any firm adopting the standardised approach. Firms are provided with machines, training and a guide to meet requirements. "Every country has small banks that are looking for something simple. They all want the best

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