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August 19, 2019
WebWire
Bank Hapoalim, one of Israel's largest banks has selected Wolters Kluwer's OneSumX solution for Risk Management, 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 consider how to integrate the standard into their overa...
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