The frameworks for the Basel capital accord and the markets in financial instruments directive (MiFID) are incorporated into Methodware’s enterprise risk assessor software solution, and are pre-populated with the full text of the legislation, broken down to the paragraph/subparagraph level and classified according to applicability. Compliance managers will have comprehensive details of their regulatory requirements without the need for time-consuming and tedious analytical work.
Chris Moxon, CEO of Methodware, said: Methodware is widely acknowledged as a market leader in the GRC software market space for Financial Services companies. Responding to increasing market demand, we regard the development of pre-configured frameworks to suit compliance requirements as a natural progression towards the provision of more solutions-oriented products.
