Basel II
Streamline Basel II Compliance
The Basel II standard for international banking was created to guard against financial and operational risks. Compliance with Basel II requires rigorous change management—the ability to detect and remediate changes quickly and report them in routine audits—to safeguard the financial security of customers and avoid the consequences of non-compliance.
Most financial services firms have teams that spend the vast majority of their time manually aggregating and checking the data used to send regular reporting to regulators. Much of the report preparation is often done in spreadsheet software.
AUTOMATE BASEL II REPORTING
Tripwire helps you achieve Basel II compliance with a single integrated solution. The Tripwire® VIA™ suite combines the power of Tripwire® Log Center—log and SIEM—and the intelligence of Tripwire® Enterprise—FIM and configuration control. The Tripwire VIA suite delivers an automated solution designed to support monitoring, change detection, reporting and investigation in real time to mitigate risk, increase system availability, and protect your operations and economic stability.
Tripwire VIA solutions allow you to:
- Mitigate operational risk through automated change detection of unauthorised activities in internal processes and systems that stem from internal failure or inadequacy.
- Enforce compliance with disclosure policies for proprietary and confidential information.
- Automatically generate detailed audit trails to support the assessment process over the appropriateness of disclosures, including the examination of validation and frequency.
- Enable change control across your entire IT infrastructure.
- Automate the repair of configurations that intentionally or accidentally fall from secure and compliant states.
