BACKGROUND:
- ALM Partners is a key partner to a long-term client, delivering an extensive portfolio of data solutions and continuous services in regulatory reporting and balance sheet management.
- Through ALM Partners’ projects and tailored consultations, they have engineered comprehensive and highly efficient data and reporting solutions for the Client Bank.
- The Client Bank considers ALM Partners a trusted partner with expertise in navigating complex and challenging areas. ALM Partners’ deep technical proficiency and holistic understanding of regulatory reporting have been acknowledged as key strengths.
- Client Bank has selected ALM Partners for the delivery of several critical data warehousing and regulatory reporting projects due to their capability to manage large-scale and complex projects.
ALM PARTNERS’ PROJECTS
- Development of a Regulatory Reporting data mart based on ALM Partners’ CRDM risk reporting platform.
- Implementation of the Internal Ratings-Based (IRB) approach for regulatory capital risk-weighted asset calculations.
- Establishment of transparent, automated data quality assurance procedures and tools for Regulatory Reporting.
ALM PARTNERS’ CONTINUOUS SERVICES AND CONSULTATION
- Regulatory Reporting service covering everything from extracting the data from the client’s own data warehouse to filing the reports to the regulator.
- Balance sheet management service, including the pricing of interest rate hedging products, hedge accounting, and derivatives consultation.
- Continuous development of regulatory reporting and balance sheet management solutions to ensure compliance with regulatory requirements.
The Story:
Client Bank has consistently relied on ALM Partners’ extensive portfolio of data solutions and continuous services in regulatory reporting and balance sheet management. Through various projects and tailored consultations, ALM Partners has engineered comprehensive and highly efficient data and reporting solutions for the bank.
Recognizing ALM Partners’ expertise in navigating complex and challenging areas, Client Bank regards them as a trusted partner. ALM Partners’ deep technical proficiency and holistic understanding of banking and regulatory reporting have been acknowledged as key strengths. This trust has led Client Bank to select ALM Partners for several critical projects, including the development of a Regulatory Reporting data mart based on the CRDM risk reporting platform, the implementation of the Internal Ratings-Based (IRB) approach for regulatory capital calculations, and the establishment of transparent, automated data quality assurance procedures and tools for regulatory reporting.
In addition to these projects, ALM Partners provides continuous services and consultation. Their Regulatory Reporting service covers everything from extracting data from the client’s data warehouse to filing reports with the regulator, freeing the client’s resources to focus on core tasks. They also offer balance sheet management services, including the pricing of interest rate hedging products, hedge accounting, and derivatives consultation. Furthermore, ALM Partners continuously develops regulatory reporting and balance sheet management solutions to ensure compliance with regulatory requirements.
The CRDM risk reporting platform ensures the accuracy and consistency of data and the efficiency of processes related to regulatory reporting. ALM Partners’ expertise in reporting and balance sheet management, combined with their technical capabilities, creates significant synergies and enhances the management of complex services and projects.
Client Bank receives support from ALM Partners for interpreting regulatory changes and implementing necessary adjustments in their reporting processes. Additionally, they benefit from advisory services in strategic business decision-making, such as hedging strategies. The entire process is hosted in the bank’s own cloud, allowing the client to retain full control of its data, the solution, and the process. With full data and solution transparency, clearly documented and structured processes, routines, controls, and code, there is no vendor lock-in.
