Ocker,
Here is a repost of an earlier question of mine.
........................
Recently you (I think it was you) said there was no relevance to ITE of Basel II. I know nothing about banking but a quick look at the ITE website show the following statement
"RAZOR’s Market Risk module is fully compliant with the Basel Market Risk regulatory requirements, enabling a Bank to implement an internal Value at Risk based risk model to achieve regulatory compliance. Razor also supports the Basel II Credit risk requirements including the July 2005 Basel II amendment for Trading activities."
and links to two "papers" on the subject under the technical link
http://www.ite.com.au/pdf/razortechnical/IT&e's_Basel_II_White_Paper.pdf
http://www.ite.com.au/pdf/razortechnical/Razor%20-%20Basel%20II%20Revised%20Framework.pdf
I would appreciate your comment on this.
One thing about recent anns is that they have been for a diverse group of institutions, banks, government agencies and now MAN group. This seems to me to add to the value of ITE as it broadens the client base.
Jim
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