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iCo-op™ Basel II Risk Manager addresses the challenges of banks and financial institutions to comply with the regulatory requirements of Basel II and best practices in risk management. It allows senior management to control risks in a timely manner while ensuring the independence of the risk management function.

iCo-op™ Basel II Risk Manager adopts step-by-step approach to implementation of the three pillars of Basel II framework. It adopts best practices based on statistical and financial models for determining the Capital Adequacy Requirement (CAR). iCo-op Basel II Risk Manager adopts step-by-step approach to implementation of Basel II CAR requirements:

  • Basic Indicator Approach
  • Standardised Approach
  • Advanced Measurement Approach
  • iCo-op™ Basel II Risk Manager provides a web-based embedded workflow for a disciplined and systematic risk management process. Each task is assigned an owner so that the monitoring and reviewing processes are built into the workflow. Incidents (lost and near lost events) are captured as historical data. Email alerts are auto-triggered by critical activities like assigning of tasks, reviews, incidence reports, changes made and due dates.


    Basel II Risk Manager

    1)    Key Features:

    • Web-based Enterprise Solution
      • Web-based integrated solution that supports enterprise wide Basel II risk management
      • Real-time visibility and accountability
      • Intuitive and user friendly interfaces
    • Basel II Features

      • Step-by-step Approach to Basel II Framework’s 3 Pillars Implementation
        • Minimum Capital Requirements:
          • Basic Indicator Approach
          • Standardised Approach
          • Advanced Measurement Approach
        • Supervisory Review Process
        • Market Discipline Requirements
    • Basel II Framework

      • Policies
      • Organisation Structure
      • Methodologies
        • Measurement of risks (credit, market and operational risks)
        • Process to control risk
        • Reporting and disclosure requirements
      • Data and technological infrastructure
    • Capital Adequacy Requirements (CAR) Implementation:
      • Basic Indicator Approach
      • Standardised Approach
      • Advanced Measurement Approach
    • Configurable Templates and Surveys
      • Configurable templates that allow organizations to build their frameworks for identification, assessment, control, treatment and management of risks.
      • Supports both quantitative and qualitative assessment of risks
      • Allows organisations to define their risk appetite, both quantitatively and qualitatively
    • Web-based Embedded Workflow System
      • Provides work flow for disciplined and systematic management of risks
      • Provides assignment of owners to risk mitigation tasks
      • Allows prioritization of tasks
      • Provides surveys for determination of risk levels
    • Incidents (Lost or Near Lost Events) Captured as Historical Data
    • Risk Dashboard Views and Reports
      • Risk Dashboard
        • Allows selection and filtering of dashboard view by end-user or business units.
        • Each risk is downward drillable for more details, to as granular as control/treatment plans and reports.
      • Reports
        • Provides intuitive tabular, statistical and graphical risk reports which can be saved in MS Word or PDF format
        • Allows attachment of document for incidence reports
    • Organisation Structure
      • Supports clearly defined organisation structure from risk management perspective
      • Allows configuration of organisation chart structure (hierarchical and/or matrix) to define the work flow, authority level, access rights and security
    • Administration and Security
      • Provides Group ID and User ID access control
      • Provides audit trail of all risk management activities
    • Scalable Data and Technological Infrastructure
      • Designed and developed based on robust, modular and scalable J2EE framework for ease of integration and implementation
      • LDAP compliance to allow easy integration to the existing IT infrastructure
      • STRUTS II (SPRING) software framework for scalability and extensibility
      • Double-byte coded for multi-lingual support



    • Server Requirements:
      • J2EE Platform
      • OS: Windows 2003 Server, Sun Solaris or IBM AIX
      • App Server: BEA WebLogic or IBM WebSphere
      • Database: MS SQL, Oracle or IBM DB2
    • Workstation Requirements:
      • Browser: IE5.5 or higher