The new offering, The IBM Risk and Compliance - Basel II Information Management Offering, is fully integrated with Fair Isaac's (NYSE:FIC) TRIAD™ adaptive control system, allowing businesses to make strategic decisions regarding customer and account management, scoring, collections, credit line management and marketing communications.

Basel II is a complex new standard for measuring risk published by the Bank of International Settlements that mandates risk management reporting for international active financial institutions. Currently employed worldwide in more than 35 banks, the IBM Basel II solution is designed to help customers address the challenges of meeting the new standard and enhances their ability to proactively utilize data they currently collect.

"IBM's new Basel II solution builds upon a proven business intelligence solution that has already been successfully deployed by numerous customers world-wide," said Karen Parrish, VP IBM Business Intelligence Solutions. "The addition of Fair Isaac's established TRIAD portfolio management capabilities extends the key benefits of this new solution by enabling customers to manage information requirements associated with Basel II today, and at the same time helping to create an infrastructure to support requirements of future regulatory mandates."

Complying with the Basel II accord is a critical issue for banking institutions. By teaming with business partner Fair Isaac, IBM now integrates high-end analytics for comprehensive risk analysis and greater insight into the data that banking institutions need to comply with Basel II.

"Integrating TRIAD adaptive control system with IBM's Basel II infrastructure enables banks to greatly accelerate implementation of the world's leading account management solution," said Gresh Brebach, Fair Isaac Corporation’s VP of Corporate Development and Strategic Partners. "Combining IBM's world-class information management capabilities with TRIAD helps banks invest beyond compliance to enable more precise risk management and smarter customer decisions."

IBM's Basel II solution provides a pre-tested, integrated solution that helps banks address compliance issues quickly and easily. In addition to helping banks comply with Basel II, the new offering provides an information management infrastructure – complete with a central data warehouse based on transactional data—that can be used for purposes that go well beyond Basel II compliance.

"This solution brings together the power of best-in-class technology from Fair Isaac and IBM, both banking industry leaders," said June Felix, General Manager Global Banking Solutions. "The Basel II solution blends the insights of IBM’s business consultants and world-class business intelligence technology with IBM’s best-practices data management framework and business process models. Clients can use this data not only for compliance but also for customer insight and competitive advantage."

The solution leverages IBM’s world-class Information Management Software, including IBM DB2 Data Warehouse Edition, WebSphere Information Integrator, IBM Alphablox and leading edge business partner tools – implemented by industry experts from the IBM Business Consulting Services and Systems and Technologies Groups.