Whitepaper explores the impact Basel II will have on financial institutions of all sizes and provides a thesis on how to leverage Basel II, overcome key challenges, and develop a practical roadmap for implementation

ERisk, the leading provider of integrated software and consulting solutions that enable financial institutions to enhance their performance through better risk and capital management, today released a whitepaper entitled "The Ripple Effect: How Basel II Will Impact Institutions of All Sizes". The newly published whitepaper, written by ERisk's credit and capital risk management experts, describes how Basel II, aimed at only the largest banking institutions, is having a profound impact on financial institutions of all sizes. It also provides a set of observations and practical suggestions for organizations to apply in adopting some form of Basel II capability.

• The document addresses the following important topic areas:
• The ripple effect of the Basel II Capital Accord
• Background to Basel II
• The top five critical challenges of implementing Basel II
• A practical approach to implementing the "Spirit of Basel II"

The whitepaper also describes ERisk's Basel II-related offerings and provides an overview of how these solutions can help banks ease the burden of regulatory compliance.

"Increasingly we see financial organizations of all sizes, which are focused on competing effectively in their markets, incorporating the Basel II requirements into their credit and capital management practices as a way to drive improved growth and profitability. Whether you choose to opt-in or you must comply with Basel II, the real challenge of the new regulations is mapping a coherent program that yields the maximum number of business benefits", said David Samuels, Executive Vice President at ERisk.

"Basel II compliance programs offer a rare opportunity to rethink the way banks approach credit and capital management, and to look again at how risk measures can be integrated with each other and with management's approach to running the business," added Hans Helbekkmo, Managing Director at ERisk.

For more information on the whitepaper or to speak with any of the authors, please call 212-819-0170

About ERisk

ERisk is a full-service provider of strategic risk management solutions, including Economic Capital analytics, operational risk systems, consulting, and executive-level workshops and briefings. Our mission is to help financial services organizations, property & casualty insurers, and non-financial corporations transform their risk management processes to increase management effectiveness, reduce losses and increase shareholder value. For more information about ERisk and our market-leading risk management solutions, please visit the ERisk website at www.erisk.com or call 212-819-0170.

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