International scandals and breakdowns highlighted the need for stronger compliance regulations for publicly listed companies, specifically financial services organizations such as banks and insurance companies. Ness-Gilon has gained significant experience in implementing risk management solutions such as: Credit risk, Basel II, PD, LGD and solvency II.

Many organizations face the necessity to deal with risk management issues. The variety of solutions to this subject is wide and incorporates applications for risk evaluation and management which are based on different analytical models such as Collection Model in the communication field or Probability of Customer Default in the financial sector.  Basically risk management deals with three main risks; operational risks, market risks and credit risks. In the banking sector Ness-Gilon assists customers in preparing for Basel II compliance, incorporating risk management applications of FERMAT and KAMAKURA as well as other risk management applications. In these projects Ness-Gilon leads the process from evaluation and analysis of Basel II accord’s definitions of the respective local regulator and up to the customer’s internal financial issues for capital adequacy definition, counter party entities definitions etc.