White Papers for Basel II Capital Accord (Basel II)

Business System Documentation

QUIPOZ

It is generally accepted that software for which there is inadequate or inappropriate
documentation poses the very real opportunity to impact adversely on the risk profile of the
modern enterprise.
For those organisations needing Basel II Accord compliance, complete documentation across
the enterprise will be a pre-requisite for the development of operational risk management
capabilities. These developed capabilities necessitate the collection of information in a
systematic, uniform and useable format.
Maintaining and developing enterprise applications without maintaining a quality compliant
standard of documentation is like maintaining and developing a high-rise building without
the aid or use of plans and specifications – even at best, unacceptably risky and
commercially negligent.
The enterprise has a responsibility to its stakeholders to continually monitor operating risk,
and therefore, it is a fact that enterprises are failing to reduce that risk if they continue to
operate without adequate documentation of their systems.
There is now a path to quick, accurate, and comprehensive production of digital
documentation of the application regardless of the development language, operating
environment, or age. Quick, accurate, and comprehensive because the process is automated,
not a manual reverse engineering exercise. (Refer to the process diagram on page 7). The
process is the Quipoz Transformation Engine, Q-TE, with the add-on component, the Quipoz
Business System Documentation module, Q-BSD.

View the White Paper

Share or bookmarklet this web page at: