SunGard bolsters iBank Basel II requirements

Philippines'' commercial bank signs up for BancWare Basel II Capital Manager solution.

The International Exchange Bank iBank of the Phillipines has become the latest Asian scalp for SunGard Asia Pacific, with the commercial bank signing up for its BancWare Basel II Capital Manager platform B2CM. Upon commencement, the services deal is slated to become something of a landmark for both institutions, representing SunGard’s first implementation of the platform in the Philippines.

For iBank, SunGard will provide a total solution for its risk management, Basel II compliance, and performance management information requirements. Aside from strengthening the Philippine lender’s risk management and Basel II compliance, the B2CM platform will also be used by iBank for credit risk portfolio management and...

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