About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

IBM Builds on Reference Data Initiative with Basel II Suite

Subscribe to our newsletter

Hot on the heels of its reference data deal with Dresdner Bank (Reference Data Review, January 2004), IBM this month launched a suite of data management solutions designed to cater for institutions seeking to comply with the Basel II operational risk regulations. The new suite – with the snappy name of Risk & Compliance-Basel II Information Management – is a combination of IBM hardware and software, including the IBM Banking Data Warehouse and the DB2 Universal Database. The suite also reportedly includes middleware from Ascential and is priced at $350,000 at entry level. The system aims to allow financial institutions to draw on data from multiple repositories in multiple formats in order to meet the requirements of the Basel II framework. IBM reckons the platform has other applications as well: the system “provides banks with a multipurpose framework to subsequently adopt other specific solutions for a variety of regulations, such as Sarbanes-Oxley, anti-money laundering regulations, and international accounting and financial reporting standards,” which would appear to give it appeal beyond the European banking community, the group most affected by Basel II.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Twelve Leading Data Lineage Solutions for Capital Markets

The ability to trace the journey of data from its origin to its final report is no longer a luxury but a regulatory and operational necessity. As firms grapple with the intensifying requirements of regulations such as BCBS 239, GDPR and the shifting landscape of MiFID II, the “black box” approach to data management has...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...