Accelerate provides a complete and comprehensive solution to Basel II Operational Risk Management requirements as described in Pillar II of the Accord. It tracks, monitors and enables understanding and management of risks, controls, indicators & losses and facilitates the production of risk policies as well as board and senior management reporting.
Pillar I Operational Risk-derived capital requirements are also catered for using our Economic Capital Optimiser module, which enables calculation of regulatory charge incorporating scenario analysis and stress testing. Loss and risk data is maintained and external loss data may be amalgamated.
Accelerate also supports the requirements of Sarbanes-Oxley Section 404, the control management and monitoring requirements of the Act.
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