SAP launches new Basel II functions for mySAP Banking

SAP said the Basel II functions of mySAP 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 requlators want to apply to major banks from late 2006.

The EU international accounting standards functions of mySAP handle information at unit and group levels. The functions integrate financial statements and automated processes for inter-unit elimination, currency translation and consolidation of investments. The EU wants to apply the standards in 2005.

David Keefe

For similar articles please visit www.BaselAlert.com - an indispensable source of news, comment and analysis on the development of the Basel II accord and banking supervision. The site contains a searchable archive of news, articles and technical papers, and a free monthly e-mail summary. Click here for a free trial.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here