Getting ready
Standard Bank selects SunGard for Global Basel II compliance and capital management.
The group selected SunGard's Basel II Capital Manager for Basel II compliance and capital management. A customer of SunGard's since 1996, Standard Bank will use the Basel II Capital Manager for its retail and wholesale portfolios across 23 locations.
The bank will also use the Basel II Data Manager, a component of SunGard's Basel II solution, to seamlessly aggregate data across the bank's technology platforms and help streamline its capital management process.
The bank selected the SunGard Basel II solution because of its ability to provide risk capita calculations across its retail and wholesale portfolios, with the transparency and auditability that Basel II demands.
The bank also liked the Data Manager's ability to facilitate data reconciliation with the general ledger and to help ensure confidence in the quality of the underlying data.
