Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


10:39 AM
Connect Directly

Markit Launches Basel III Compliance Solution

The Basel III regulations are set to begin being enforced in January of next year.

Financial information services company Markit today announced the launch of a Basel III compliance platform for financial institutions.

Markit Analytics CVA & Capital helps financial institutions integrate the management of credit valuation adjustment (CVA) and internal model capital, said Markit, which is based in London.

According to the company, by using the solution as a unified simulation engine to calculate CVA, funding valuation adjustment (FVA) and internal model capital for CVA, counterparty credit risk (CCR) and market risk, banks are able to meet regulatory requirements and enhance their active portfolio risk management capabilities while saving costs.

Basel III, a set of global regulations on bank capital and risk management set by The Basel Committee of global regulators, will be formally phased in starting January 2013.

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.