How can you manage Basel III?

Banks will be more concerned with Basel III from 2012. Your organization will need to react immediately and that requires the necessary adjustments, as much in the area of Process as in IT. Because your organization does not automatically have the required knowledge and experience at its disposal, Brunel has set up the Basel III Taskforce. You are assured of the correct expertise in one package thanks to a special combination of strengths.

The essence of Basel III is that banks will have to hold more capital against their outstanding loans than they do now. The regulations will be gradually phased in from 2012 and be fully in force in 2019, when banks should be completely ‘over’. But what does implementing Basel III mean exactly? Your organization will have to ensure larger financial buffers and will therefore have to make substantial savings over the coming years. It is about another method of funding, but also about different operational management, different risk models, different reports and different IT architecture.

Basel III Taskforce: interesting alternative
Managing and implementing all the changes demands specific expertise, as much in the areas of Basel III and the banking world in general as in the field of IT systems. New systems are needed in any case to meet the changing report and analysis demands. Banks generally engage IT consultants and Finance experts to make the organization Basel III-proof. However, Brunel can offer an interesting alternative. In order to assist you with these combined aspects, Brunel has created the Basel III Taskforce. The Taskforce relieves you of a great deal of work and guarantees the procedures set down in the rules. And that on financially interesting terms.

Optimal benefit from training
The Basel III Taskforce is a joint Brunel Finance and Brunel IT initiative and is thereby unique. Specialists from both disciplines complete a special training programme to prepare them for the strategic supervision and implementation of Basel III in banks. While we impart IT knowledge to financial experts, more specifically the influence of Basel III on IT systems, we also improve IT specialists’ knowledge in the field of Finance and the new rules. The training is suitable for everyone, though each views the required changes from his/her own speciality. As an employer you profit optimally in real terms from these broad-based specialists.

Always up-to-date
The Taskforce specialists will continue to receive extra training over the coming years so that they will always have correct, up-to-date knowledge and information at their fingertips. We create bridge-builders who understand every aspect; bridge-builders who are in fact the link between Business and IT. They do not only operate strategically, but also tactically. If your organization has formulated the strategic objective, Brunel has a concrete solution.

Optimal support from experienced specialists
Specialists who make up the Taskforce have already gained experience on similar projects, such as the introduction of Basel II. However, it is the particular combination of IT and Finance specialists that make the Basel III Taskforce so interesting for you. Whether your organization has to deal with Process, IT or Finance changes, Brunel offers you optimal support.

If you would you also like to benefit from the total solution Basel III Taskforce offers, please contact Joost Pellis (06 – 206 00 605, j.pellis@brunel.net) or Machteld Hoogenboom (06 – 109 04 448, m.hoogenboom@brunel.net).