IIB Bank selects SAS for Basel II credit risk compliance

Ireland-based IIB Bank, a fully owned subsidiary of KBC Bank, has licensed risk management software from North Carolina-based data management software vendor SAS to meet Basel II credit risk compliance.

SAS Risk Management for Banking will be used in the IIB’s home loans division to generate consistent risk measures for mortgages.

Tony Barnes, head of the programme office at IIB Bank, says the flexibility and depth of the SAS product combined with the speed of implementation of the product provided a compelling case for selection.RiskNews.net

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