View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 10, 2005

IBM and Fair Isaac pair up for Basel II

IBM has joined forces with Fair Isaac to deliver an "end-to-end" solution that promises to end Basel II Accord compliance worries for international banking institutions.

By CBR Staff Writer

The solution offering marries IBM’s Basel II Risk and Compliance-Information Management Offering with Fair Isaac’s Triad adaptive control system. The net result is an integrated system that lets banks drive strategic decisions around customer/account management, scoring, collections, credit-line management and marketing.

The Basel II solution is built on several key IBM business intelligence (BI) infrastructure components, including, DB2 Data Warehouse Edition (which has been upgraded with new advanced web-based analytics and reporting functions), WebSphere Information Integrator (a data federation product), and IBM Alphablox (an analytics tool vendor acquired last year). IBM says the solution is currently being deployed at 35 banks worldwide.

For its part, Fair Isaac, whose high-end analytic software provides the brains behind most credit scores and risk evaluations in the US, adds sophisticated account and customer portfolio management capabilities delivered from its Triad system.

This is not the first time the two companies have worked together. In May last year IBM integrated Triad into its Banking Data Warehouse (BDW) solution aimed at retail banks.

Basel II is a complex new standard for measuring risk. Part of the Accord mandates that banks accurately and efficiently manage and report on information.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU