Algo Capital packs in new functionality to support regulatory capital management and Basel II obligations across three risk layers – business lines, assets, and approaches. The system is built up of several modules that adhere to pre-defined calculation, consolidation and reporting parameters.
Algo differentiates its solution through a phased approach that decouples a bank’s Basel II project, allowing it to respond to changes independently of other financial systems.
Regulatory issues are supported via single customer view handling, a consistent aggregation framework, and workflow capabilities. The software also works closely with Algorithmics’ recently released Algo OpRisk module as well.
