Risk management methodologies of Basel II Accord applied for major European Bank

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A North American subsidiary of a major European Bank needed to explore ways to meet the recommendations of the Basel II Accord.

Prescio Consulting was requested to assist the bank in understanding the Basel II requirements as applicable to the Bank and Prescio was asked to develop and implement risk measurement and risk management methodologies in keeping with the recommendations of the accord.

The project requires thorough understanding of the clients business, including the client’s portfolio of products, current risk management methodologies, business processes, systems, data architecture and data flow. This intimate knowledge of the client is necessary in order to apply the Basel II Accord’s recommendations to the client’s unique conditions.