The New Basel Accord introduces many new concepts concerning the estimation of Credit and Operational Risk. In order to calculate minimal capital requirements, Banks will have to implement significant changes in their internal Processes and Systems.

The iBasel Solution is a robust software framework designed to address the New Basel Accord requirements, allowing Financial Institutions to adapt with minimal changes in their existing systems

The iBasel Solution is divided into three main components. iBasel Credit, iBasel Operational and iBasel Analyzer.

iBasel Credit contains a series of libraries that address data transformation and calculation of parameters such as Probability of Default (PD), Exposure at Default (EAD) and Loss Given Default (LGD).

iBasel Operational provides all the functionality required to manage operational risk, including loss conciliation of general ledger events and estimation of loss indicators.

iBasel Analyzer contains a complete set of complex math features that will allow Banks to calculate minimal capital requirements, including Monte Carlo simulation, Bayesian Methods and Fast Fourier Transforms.

To obtain more information about iBasel Product line send an email to ibasel@activetools.biz or call 1-877-TRY-ACTIVETOOLS.