25 February 2018
Visit www.avoka.com

Moody's KMV adds regulatory capital calculator to Portfolio Manager

11 October 2004  |  2644 views  |  0 Source: Moody's KMV

Moody's KMV and London-based TLC Consulting have established a strategic alliance under which they will offer banks and other entities the capability to calculate regulatory capital requirements under Basel II.

Moody's KMV, the leading provider of quantitative credit risk analysis tools to lenders, investors, and corporations, plans to offer a regulatory capital calculator developed by TLC as an add-on to its widely used Portfolio Manager application, which is used to assess portfolio credit risk and return. The enhancement will allow Portfolio Manager clients to calculate both economic and regulatory capital on a consistent basis, said Moody's KMV.

The alliance will leverage the expertise of TLC, an independent software house and business domain consultancy serving the banking sector. The firm has developed software called barracuda that calculates regulatory capital across an institution using the Standardised, IRB Foundation, and IRB Advanced approaches set forth by the Basel II guidelines. Under the Moody's KMV implementation, users will be able to view and report results by various categories such as country, currency, product, division/branch, counterparty and rating.

"This alliance offers a number of benefits for Moody's KMV, as we continue to develop a complete range of Basel II and corporate credit risk solutions for our client base," said Andrew Porter, Head of Business Development at Moody's KMV. "By working with TLC, we will be able to bring this capability to market in a timely fashion and add TLC's considerable Basel II expertise to our own domain acumen."

The partners said they may also offer barracuda for integration with third-party and in-house systems and are in discussions with major integration and technology partners to support this initiative.

"TLC is tremendously excited to be working with Moody's KMV on this project," said Adam Starr, Chief Operating Officer at TLC. "We are happy to help Moody's KMV extend their solution set to include best-of-breed regulatory capital reporting capabilities. At the same time we have been looking for a branded partner in the credit space that would provide significant credibility and distribution capabilities. Moody's KMV was the natural choice."

The partnership with TLC was pursued as part of the Moody's KMV global alliance program, through which the firm seeks to augment its development, integration and distribution capabilities.

Comments: (0)

Comment on this story (membership required)

Related company news


Related company information

Temenos – The Banking Software Company

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.nextgenbanking.co.ukVisit https://www.capgemini.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12523 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10744 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
9202 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8579 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
8392 views comments | 11 tweets | 14 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job