Calypso is releasing a packaged solution to address the Basel Committee on Banking Supervision's new requirement for Counterparty Credit Risk. The solution follows the Basel directive BCBS 279, or "The Standardized Approach for Measuring Counterparty Credit Risk Exposures," otherwise known as SA-CCR.
The new regulation mandates that all banks globally are required to calculate the standardized approach, even if they also use the advanced approach. The implementation deadline is January 2017.















