Date:15/06/2006 URL: http://www.thehindu.com/2006/06/15/stories/2006061506591801.htm

Business - Briefly

Wachovia selects i-flex's Reveleus solution

MUMBAI: The U.S.-based bank holding company, Wachovia Corporation, has selected iflex's Reveleus Basel- II solution. Reveleus will provide a pre-packaged solution to Wachovia for computing regulatory capital as per the advanced internal ratings based approach of the Basel II Accord.