Fair Isaac and IBM Collaborate on Basel II Offering
Managing information requirements associated with Basel II is the aim behind a new IBM and Fair Isaac collaboration. The IBM Risk and Compliance – Basel II Information Management Offering is, says IBM, fully integrated with Fair Isaac’s Triad adaptive control system. The new product will allow businesses to make decisions regarding customer and account management, scoring, collections, credit line management and marketing communications with respect to Basel II. By teaming with business partner Fair Isaac, IBM says it can integrate high-end analytics for risk analysis and insight into the data that banking institutions need to comply with Basel II.