comprehensive liquidity solutions for you business

FRSGlobal offers regulatory reporting solutions throughout the globe for banks, insurance providers, funds and other financial establishments. By leveraging an international informations model (DataFoundation), a standardised integral development environment, totally integrated calculation abilities, as well as a global runtime engine for reporting, FRSGlobal can supply regional reporting effectively as well as regularly for any legal system.
Main advantages of the FRSGlobal regulatory reporting solution consist of among others:
Regulatory update service (RUS): FRSGlobal actively supervises regulatory changes as well as provides updates within the item membership
Full audit trail and drill-down to governing data, variance analysis, etc. as part of the runtime engine
Fully integrated solution for danger management & regulatory reporting, to accommodate the increasing convergence of these functions in regulatory platforms all over the entire world (Basel III, Solvency II etc.). This suggests:
Single source of informations and informations control to guarantee consistencyRisk calculation results relevant for regulatory reporting instantly taken into accountRegulatory reporting features report level validation guidelines and electronic shipment where relevant
Neighborhood domain proficiency, while sustaining international consistency
This type of proclaimming concerns balance piece info as well as P&L. Many countries offer a regulatory platform that includes a main balance piece as well as P&L record, either on IFRS basis or regional GAAP. In addition to that there are generally a number of analysis records which zoom in on certain products from the balance sheet or P&L.
Besides reporting as per regional needs, FRSGlobal answers also consist of IFRS appraisal as well as profit analysis capabilities. Depending on the country demands the reporting could even include netting and compensation rules.
The prudential framework of a regulator is centred around danger reporting. This features capital adequacy reporting (solvency danger), liquidity danger, market danger as well as rate of interest risk, in addition to concentration danger like huge exposure reporting.
FRSGlobal covers not just the proclaimming part of the prudential framework, however also capital requirements (basic method & IRB) as well as reserve calculations, cash flow calculations, strain testing capabilities, liquidity forecasting and complete ALM capabilities.
In each country the central bank or additional regulatory body is collecting information utilized for statistical reasons. This usually consists of balance sheet analysis each nation, financial sector, currencies, maturities, notice durations, etc.. It might even consist of proclaimming on certain themes like securitisation as well as rate of interest statistics. Depending on the nation requirements the reporting might even feature netting as well as compensation rules. In countless countries reporting demands exist on transactional degree. This normally involves balance of payments proclaimming, MIFID or other day-to-day transaction reporting. In April 2011, Wolters Kluwer Financial Services acquired Spring with its FRSGlobal company. Spring supplies complete reporting templates and high-level input as well as delivery tools to UK regulators. The acquisition makes it possible for the incorporated company to help more economic organizations better satisfy reinforcing liquidity as well as tension testing demands in the UK. The international financial situation illustrated merely how rapid liquidity dangers can easily crystallise and turn also the most trusted investment illiquid, evaporating funding sources. To meet the strict liquidity regulations companies should execute a robust liquidity danger management platform (i.e. strategy, plan as well as methods). This includes the routine maintenance of a cushion of unencumbered, high excellent liquid investments which can be strained to the level of becoming illiquid in order to endure tension events, featuring those involving the loss or impairment of both unsecured and secured financing sources.
AntonyDean is an expert when it comes to asset liability management. To find out everything about
liquidity risk, visit his website at http://www.frsglobal.com.