BMO Financial selects i-flex's Reveleus Basel II solution

By agencies   |   Monday, 25 April 2005, 07:00 Hrs
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BANGALORE: BMO Financial Group, a leading financial service provider in North America, has selected i-flex's Reveleus Basel II solution to accelerate its Basel II compliance efforts.

"The solution will provide BMO with a complete set of rules, computation engines, business definitions and underlying data structures to help the bank accelerate compliance with the risk management requirements of the Basel II Accord," a company release said.

BMO will implement Reveleus in Canada as well as internationally, it added.

Reveleus is a business arm of i-flex solutions and provides analytical applications for global financial service industry.

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