- Basel Regulations
- IFRS 9 Accounting Standards
-
Principles for effective risk data aggregation and risk reporting BCBS 239
Areas of excellence
The best in-depth expertise in the financial sector from key areas supporting business, including regulation and reporting, risk management, and data management. Nothing more, nothing less.
Banking and Finance
Simply put – we are passionate and highly focused on the financial sector. Our expertise covers a wide range of areas related to the financial industry, with a unique combination of business knowledge and IT capabilities. We understand bank products, their risks and dependencies, from the products offered to customers to maintaining internal banking operations. We grasp the broader impact of business decisions stemming from customer needs, as we have been key players in investigating and reporting on these guiding decisions. This is why our offering includes both functional core solutions that broadly serve banks, as well as customer-specific, tailored solutions.
Banking and Finance
Simply put – we are passionate and highly focused on the financial sector. Our expertise covers a wide range of areas related to the financial industry, with a unique combination of business knowledge and IT capabilities. We understand bank products, their risks and dependencies, from the products offered to customers to maintaining internal banking operations. We grasp the broader impact of business decisions stemming from customer needs, as we have been key players in investigating and reporting on these guiding decisions. This is why our offering includes both functional core solutions that broadly serve banks, as well as customer-specific, tailored solutions.
Regulation and Regulatory Reporting
Since we are familiar with the risks of the banking sector, we can smoothly interpret the regulations that bind banks to operate in a controlled and long-term manner at the European level. The ever-growing and evolving regulatory framework in the financial industry places significant pressure on market players, and individual banking regulatory reporting functions may become disproportionately large compared to the business itself. At ALM Partners, we make regulatory monitoring, interpretation, and regulatory reporting our profession, not just a side task.
We are able to meet the requirements of several European and national authorities – such as the European Central Bank (ECB), the European Banking Authority (EBA), local FSA’s, and even the European Insurance and Occupational Pensions Authority (EIOPA) – for timely and thorough data collection on the revenues and risks of credit institutions, insurance companies, and investment and fund service providers. In addition to regulatory authorities, investors, the media, and political decision-makers also expect visibility into the deep business profiles and risk preparedness of financial institutions.
- Capital Requirements Regulation (CRD)
- Capital Requirements Directive (CRR)
- Markets in Financial Instruments Directive (MiFID)
- Insurance Regulation Solvency II
- Guidance on risk data aggregation and risk reporting RDARR
- Reporting related to all of the above, largely focused on EBA and EIOPA’s DPM models
- Local central bank reporting
- Local financial supervisory authority reporting, in addition to EBA’s reporting
- Requirements from financial stability authorities
Regulation
Our Regulatory Reporting Framework
Did you find your report on the list? In addition to genuinely offering solutions, we are also happy to discuss the current state, future, and challenges of your reporting.
Risk Management
As our name – ALM Partners – suggests, our expertise is based on risk management for banks, particularly the risks visible on the balance sheet. The balance sheet of a financial institution and its products, along with associated interest rate, liquidity, credit, and currency risks, form a comprehensive picture of the bank’s business. Understanding these risks, measuring them accurately, and acting according to appropriate indicators so that the bank can effectively serve its customers’ needs has long been at the core of our expertise. Identifying and reporting risks to support business decision-making is vital in the regulated financial sector, and we support decision-making by improving the accuracy, reliability, and predictability of risk measurement and reporting.
- Interest rate risk modeling and reporting (covering the European Banking Authority (EBA) IRRBB regulation), including hedging measures and the assessment of their impacts
- Liquidity and financial position management, starting from modeling credit and deposit portfolios to optimizing liquidity reserves and internal liquidity management strategies and processes (ILAAP)
- Stress testing of interest rate risk and liquidity positions and capital adequacy, including EBA and national supervisory bank stress tests
- Credit risk and capital management interpreting European regulatory frameworks, covering, for example, standard (SA) and internal models (IRB) under the CRR/CRD regulatory framework, as well as the capital management process (ICAAP)
- Stress testing of capital adequacy, including EBA and national supervisory bank stress tests
- Calculation of Expected Credit Losses (ECL) in accordance with accounting standards (IFRS 9)
- Hedge accounting effectiveness testing solutions
- Ensuring data availability and quality to identify risks and produce reliable reporting (e.g., BCBS 239 regulation)
ALM Partners
Data and Analytics
Essential information increases predictability, supports strategy execution, and enhances cost efficiency. Successful data management can deepen customer insights, improve company performance, clarify operational guidelines, and provide valuable insights into operational efficiency.
We are an innovative expert in Microsoft data analytics and data warehousing, helping our customers’ harness information as a resource for business development. Data management and migration projects are often critical initiatives that deliver significant strategic advantages within an organization. Whether it’s improving the quality or accessibility of existing data for company management or implementing an entirely new system, our experience in various data management tasks and deep expertise drive our customers toward better data management and utilization.
Information Security
We are fully committed to meeting the security requirements that our customers in the highly regulated financial sector face every day. We continuously monitor and develop our security measures. The Digital Operational Resilience Act (DORA) also applies to us as a financial sector operator.
We are building a security management system to support our existing technical security expertise. These measures can support banks’ security requirements in line with the Digital Operational Resilience Act. We continuously collaborate with our clients to achieve DORA compliance. Our solutions – services and products – meet the regulatory requirements set by our customers. In addition to complying with the regulations ourselves, we monitor and implement regulatory data collection for our customers in the financial sector. We are a stable, reliable partner for our customers and are working hard to achieve ISO/IEC 27001:2022 certification.
Information Security
We are fully committed to meeting the security requirements that our customers in the highly regulated financial sector face every day. We continuously monitor and develop our security measures. The Digital Operational Resilience Act (DORA) also applies to us as a financial sector operator.
We are building a security management system to support our existing technical security expertise. These measures can support banks’ security requirements in line with the Digital Operational Resilience Act. We continuously collaborate with our clients to achieve DORA compliance. Our solutions – services and products – meet the regulatory requirements set by our customers. In addition to complying with the regulations ourselves, we monitor and implement regulatory data collection for our customers in the financial sector. We are a stable, reliable partner for our customers and are working hard to achieve ISO/IEC 27001:2022 certification.