A provider of software for the financial industry has introduced a platform to help banks satisfy evolving capital requirements.
Calypso Technology, based in San Francisco, said Monday it has launched a system that enables institutions to manage cash flow, borrowing, risk and other activities that affect liquidity.
According to the company, the system can help banks calculate leverage and comply with capital requirements that are expected to take effect under the Basel III accord starting next year.
The system is said to offer banks the ability to collect and display information about cash flow company-wide and to simulate the effect of trading and other activities on capital. It also enables banks to assess their use of lines of credit, concentrations of fund, asset maturities and other factors that influence their assets and liabilities.
"As Basel III is implemented over the next few years, the mandate will continue to evolve with increased emphasis on firm-wide risk management and capital planning," David Little, Calypso's director of strategy and business development, said in a news release. "Treasurers and CTOs now have a comprehensive, cross-asset bank treasury system that can help manage all internal and external funding activities and provide real-time assessment of liquidity risks within balance sheets."
