Monthly Archives: February 2016

Fintellix Experience

One the leading international banks of French origin has leveraged the Fintellix regulatory reporting platform and data model to automate regulatory reporting for multiple geographies. India, Korea, HongKong, Australia, Vietnam are some of the regions where automation work has been … Continue reading

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Global Watch – Connected Regulators

Increasingly, multiple platforms are available for global regulators to stay connected and track each other. This has led to a scenario where successful compliance practices once adopted in a geography rapidly spread to others. There are multiple examples – like … Continue reading

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Adaptability – Manage change both internally and externally initiated

Change – This is probably the most dreaded word for Chief Compliance and Risk officers in banks today. A change in a guideline, almost always have wider ramifications, which spills over into the domain of the COO, CFO and CIO … Continue reading

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Comprehensiveness – One platform, multiple uses

How do I buy for the future? Probably this is one of the most poignant questions, as Compliance and Risk Officers work together with technology teams to make investments to meet regulatory needs. One way to do this, is to … Continue reading

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Accuracy and Integrity – - Getting it right first time and every time

Ensuring accuracy and integrity of data is a moving target and therefore the process of getting there can be frustrating. Let’s say, that significant investments are made in a data cleansing exercise and accuracy has improved significantly as suggested by … Continue reading

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Data Architecture – What lies beneath the surface matters

When it comes to Data Architecture, design choices are diverse and difficult to make. Also, given the nature of regulatory reporting, data architecture choices are often driven by external factors like deadlines, frequency and format . In addition, internal constraints, … Continue reading

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10 principles for Banks resulting in effective Data Aggregation and Reporting – By the Basel Committee – (BCBS239)

In January 2013, the Basel committee published 14 principles covering Overarching Data Governance and IT Infrastructure in banks, Risk Data Aggregation, Risk Reporting and Supervisory tools, Review and Cooperation.  11 of the principles covering Data Governance and IT architecture, Risk … Continue reading

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