Category Archives: Compliance

APRA EFS Modernisation – Overview of the changes proposed

APRA EFS modernisation comprises of two broad reporting standards, ARS 701.0 focusses on new classifications, granular data and new forms while ARS 702.0 focusses on data quality and assurance requirements   In addition to the data quality thresholds proposed to … Continue reading

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APRA EFS Modernisation

APRA EFS Modernisation : An overhaul of Australian financial services industry’s regulatory reporting landscape APRA released its EFS form reviews for public consultation,earlier this year. The reviews represent major changes in the existing reporting forms   The changes are driven … Continue reading

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Fintellix Experience

A leading multinational bank has leveraged the Fintellix regulatory reporting platform and data model to automate multiple regulatory reporting outcomes include LCR reporting. The solution architecture illustrated below, involves sourcing and storing common data in a “compliance data hub” while … Continue reading

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Global Watch – Connected Regulators

Liquidity Management is one of the most avidly monitored areas within the bank given its impact on critical areas such as market operations undertaken by the bank, product pricing strategy, etc. to name a few. Historically, central banks have had … Continue reading

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Adaptability – Manage change both internally triggered and externally initiated

If we take the example of FR2052a reporting, $700 bn plus banks have already commenced daily reporting on inflows and outflows. For smaller banks, the reporting is expected to be monthly and will kick in from 2017. Essentially, if we … Continue reading

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Comprehensiveness – The key to making data reusability a reality

How can one ensure that data investments are reusable? In order to answer this question, one has to dig a little deeper and think the “data paradigm”. Can data be extracted once and reused multiple times? The benefits of this … Continue reading

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Accuracy and Integrity – Ensuring accuracy to the last mile

Probably the only way to ensure accuracy in Liquidity reporting is to have a powerful reporting platform that intermediates between the sources of data and the final return. Accuracy is a pursuit that begins with the generation of data and … Continue reading

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Data Architecture – Simplifying data management

Drawing upon the first edition of this newsletter which entailed key design principles to achieve an optimal data architecture, “keeping data unbiased” and enabling “malleability” become particularly relevant in the context of liquidity reporting. Liquidity is one area that demands … Continue reading

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Liquidity Reporting

Liquidity has become one of the key metrics getting tracked by banks globally, especially post the 2008 financial crisis. Consequently, one of the new requirements in Basel III (as compared to Basel II) is that of tracking and reporting on … Continue reading

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Fintellix Experience – Insights gleaned from the Fintellix client repertoire

One of the leading multinational banks headquartered in North America, has leveraged the Fintellix regulatory reporting platform and data model to automate its asset quality reporting (in India). The Fintellix solution entails end to end Data Processing starting from to … Continue reading

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