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In the News

Bank Systems and Technology India, 10th May 2012: Basel III and ADF mandate business workflow and IT rejig

As the banking regulator begins to enforce Basel III and ADF guidelines, banks will have to make the structural reorganization and IT infrastructure a number one priority By Shawn Paul, Regional Director, Wolters Kluwer Financial Services’ FRSGlobal and Selwyn Blair-Ford, Head Of Global Regulatory Policy at Wolters Kluwer Financial Services’ FRSGlobal

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Financial Services Research, 1st April 2012: Solvency II: Implications for Europe’s Insurance Industry

There is a different approach to Solvency II from the insurance industry than say the banks to Basel II or Basel III, observes George Crooks, Business Analyst at Wolters Kluwer Financial Services’ FRSGlobal, which provides regulatory reporting and risk management solutions. Crooks says the insurance industry is much quicker to adopt regulations than banks due to the fact that insurance firms have a longer period to realise their return on investments and do not have to be as responsive to adverse financial shocks as banks do. He believes Solvency II will revolutionise the insurance industry significantly. “There will be great benefits and advantages as a result. It is not only about the figures within solvency capital requirements (SCR) and minimum capital requirements, it goes much further by looking into how organisations operate and at their long-term prospects.”

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Actuarial Post, 26th March 2012: Software - Finding the right solutions for Solvency II

Unlike the rules-based approach of its predecessor, Solvency II follows a vastly more complex set of requirements which rely heavily on firms employing sophisticated and robust software tools to analyse, collate and provide quality reconcilable clean meaningful data. George Crooks, Business Analyst at Wolters Kluwer Financial Services’ FRSGlobal, explores just how integral the right software is throughout the three pillars of Solvency II.

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The Banker, 26th March 2012: Basel risk weights leave banks with unequal burdens

Ioannis Akkizidis, a consultant at risk management specialist FRSGlobal comments on risk weighted assets in the latest issue of The Banker

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Funds Europe, 15th March 2012: RISK MANGEMENT SURVEY: It’s all about treading carefully

Ioannis Akkizidis, global product manager, Wolters Kluwer Financial Services’ FRSGlobal tells Funds Europe what the major risk-based challenges for fund manager are and how prepared they are to provide support

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