Software will not be distributed in the USA except for commercial use. SBG XI is a very user friendly windows based program. No more archaic batch file commands, more print options etc. Many current SBG users felt that the current level of complexity should not be increased significantly. It seems that as we approach the complexities of the real world we begin to loose educational value.
Students spend too much time with details and loose sight of the more important issues.
Without making major changes to asset and liability features, and accounting details, the current regulatory environment cannot be duplicated exactly. It also appears likely that risk base capital standards will not treat all commercial loans equally in the near future. We stayed with a single approach to capital adequacy that will hopefully stay aligned with the international risk based guidelines. We still calculate required capital and then express capital adequacy as a percentage of the required amount. All securities in the game are marked to market each quarter.