Three Danish Data Centres Go Live With VP Financial's Basel Accord and EU CAD 3 Engine for Global Data
COPENHAGEN-Danish data centres Bankernes EDB Central (BEC), Skandinavisk Data Center (SDC) and Bankdata, feeding data to more than 270 Scandinavian banks, have moved into production with the new risk measurement BASEL2ENGINE from VP Financial, designed to help users meet Basel II and EU CAD 3 requirements, officials tell Inside Reference Data.
The product, developed with the data centres and based on adding data and functionality to VP's sector data, will allow banks to report credit risk on
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