Bank Hapoalim Opts for Wolters Kluwer's OneSumX Software for Measuring Counterparty Credit Risk
Bank Hapoalim specifically using the software for managing its credit risk profile. The bank will now utilize Wolters Kluwer’s OneSumX software for Measuring Counterparty Credit Risk (SA-CCR). This is a revised rule under Basel III Standardized Approach, applied to calculate the exposure at default of derivatives, meaning banks need to…
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Source: Wolters Kluwer