Glossary
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Bank Compliance Software
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Software that helps companies comply with the regulations & statutes regarding banking.
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Basel Accord(s)
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Banking supervision Accords held at the Bank of International Settlements in Basel, Switzerland. Rigorous risk & capital management requirements are designed to ensure that a bank holds capital reserves appropriate to the risks the bank exposes itself. Such an international standard is set up to help protect the international financial system from problems that may arise if a major bank or a series of banks collapse.
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Basel 1
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The second of Basel Accord.
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Basel 2
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Observance of regulations created at the second Basel Accord.
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Basel 2 Compliance
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A method of solving inconsistencies in companies & organizations compliance with regulations created at the second Basel Accord.
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Basel 2 Software
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See Basel 2.
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Basel ii
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See Basel 2 Compliance.
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Basel ii Compliance
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See Basel 2 Software.
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Basel Solution
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See Basel 2 Software.
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Benchmarking
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A process in which a company/organization compares the cost, time or quality against what another company/organization does. The result is often a business case for making changes in order to make improvements.
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Best practice
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Considered to be the best method or practice of carrying out a business process to improve organizational performance.
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BS8800
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British Standards created a framework to help companies/organizations manage occupational, health and safety practices. BS8800 outlines strategies for minimizing risk of workplace incidents and improving business performance.
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