Reveleus Selected by Lloyds TSB to Meet Basel II Compliance
Lloyds TSB has selected the Reveleus Basel II solution to meet the capital adequacy requirements as prescribed in the Basel II Accord. The solution’s implementation will bring policies and methodologies into accordance with the standards outlined by the Financial Services Authority. Reveleus Basel II Solution’s calculation engine is designed to ease the complexity of adopting the internal ratings based approach for credit risk. The solution will integrate multi-jurisdictional data from the securitisation team and apply capital adequacy calculations which will roll into Lloyds TSB’s corporate Basel II framework.