Transforming Risk to Thrive in a Basel II-Compliant World: Steps to Take to Align Your C-Suite Agenda

Topics:
Commercial Banking
Tags:
Bank,
Basel II,
Basel II Compliance,
Electronic Data Systems Corp.,
Financial Services,
Risk Management
Source:
Electronic Data Systems

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Overview: With finalization of the New Basel Accord slated for 2003 and implementation to be complete by January 2007, banks have much to do to ensure compliance. Basel II compliance requires banks to upgrade their risk management processes, technology and corporate governance. Instead of merely complying with Basel II, imagine the possibilities for banks that use this opportunity to align their C-suite agenda on the issue, and transform their approach to risk management for more efficient and profitable operations. EDS believes such a response to Basel II can help banks develop competitive advantages despite the tough business conditions they face today.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 352KB | Date: Oct 2004 | Pages: 8

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