Experian-Scorex, the decision support business of Experian, will deliver its Strategy Management business rules engine technology enabling HSBC to deploy a series of Basel II models within its global operations.
HSBC says that Basel II will help strengthen its risk management procedures and improve consistency across global operations. The Strategy Management system will enable the bank to deploy its suite of 11 Basel II scorecards.
Roger Aubrook, president of Experian-Scorex, said, Strategy Management is already used by over 600 major financial organizations worldwide and is a tried and tested business rules engine that will fully support the implementation of HSBC’s Basel II models. As a global organization ourselves, with clients in over 60 countries and more than 30 offices worldwide, we are well placed to assist HSBC with its challenges now and in the future.
