Investec has selected the Reveleus Basel II solution to compute regulatory capital that conforms to the Advanced Internal Ratings Based Approach of the Basel II Accord. 

Reveleus is a business of i-flex solutions and a global provider of analytical applications for the financial services industry, today announced that Investec, an international banking group that provides a diverse range of financial products and services to a select client base.
Investec will implement the Reveleus Solution at its South African Headquarters and extend it to other countries in which it operates, including the UK and Australia.
Rayanne Jacobson, Basel II Programme Leader at Investec, comments: “Investec is committed to being at the forefront of risk management practices such as Basel II. The implementation is really about adopting an enterprise-wide approach that comprehensively monitors and measures our risk across geographies, diverse investment strategies and product groups.
“We are looking forward to our partnership with Reveleus to help ensure that we meet our compliance deadlines.”
This engagement is the first in South Africa after an agreement between Oracle and i-flex solutions that allows Oracle to resell the Reveleus Basel II solution.
Nicky Sheridan, MD of Oracle SA, adds: “There are clear opportunities for Oracle and Reveleus to work together in the South African and wider African markets.
“The premise of the Basel II requirement means that all financial institutions, regardless of size or geography, stand to gain from robust risk management practices. We are excited to be partnering with Reveleus to address this critical business requirement.”