To provide advanced insight and analysis of HSBC risk management data
IBM has signed a contract with HSBC Insurance UK to prepare the company for the upcoming European Solvency II legislation, which aims to strengthen protection for all insurance policyholders.
Under the agreement, IBM will assist HSBC in developing and implementing a business analytics offering powered by its Cognos 8 Business Intelligence, which will provide advanced insight and analysis of the company's risk management data so that capital can be efficiently allocated to cover business risks.
Article sourced from www.cbronline.com, click here to read full story.
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