Barclays Capital has licensed risk management software from Raft International, the UK-based financial IT provider, to comply with tighter market regulations such as Basel II and Sarbanes-Oxley.

Barclays Capital is to install a system called Raft Radar, which covers incident management, control self-assessment, management indicators and processes, risks and controls. It will initially go live globally in April this year and be fully implemented within six months.