Basel III imposes stricter standards as compared to existing Basel II capital adequacy requirements in order to create greater resilience at individual bank level and reduce systemic risk. For banks, this implies a new method of calculation of capital in a timely and effective manner.
Surya offers Capital Adequacy and Risk Evaluation (CARE), a regulatory risk management solution that provides banks with a flexible framework that can be used to progressively adopt to capital adequacy regulations (Basel II and Basel III) as banks progresses and systems evolve and mature. CARE uses a rule engine framework to ensure that changes have localized impact on one type of claims class rather than the entire system, hence reducing computational risks. Stress test module helps to calculate RWA and capital requirements at various stress levels.
features at a glance
Includes capital adequacy, minimum and required equity and capital with conservation buffers
provides concentration risk and large exposure analysis
Incremental Maturity Model (IMM) framework
Uses an IMM framework to analyze and measure risk at three levels of maturity
CARE HELPS BANKS TO
Fully comply with Basel II and Basel III standards across multiple jurisdictions
Understand current operational systems relative to risk and regulatory requirements
Meet reporting needs specific to the bank’s changing business and regulatory needs, using adaptable rules engines
Implement rule engines that calculate economic capital and regulatory capital
Reduce implementation time and total cost of ownership