Regulatory reporting with service option
Through our data warehouse EFDIS.FINREG, we offer an open solution for supplying regulatory reporting and risk management systems.
Constantly rising quality risks and costs in the area of statutory reporting are increasing the pressure on banks to act. At the same time, a shortage of qualified resources is noticeable. That is why we have created EFDIS.FINREG, a solution that can be used to connect any core banking system via standardized interfaces.
Scope of functions
Structured data supply through EFDIS.FINREG
Normalization
When data is stored in the EFDIS.FINREG data warehouse, it is standardized for later use and converted into a uniform data model.
Structuring
Structured storage of data with the ability to differentiate between business types and data sources ensures the traceability of data standardizations and data derivations.
Extensibility
Financial data can be fed in from different data sources and additional supplying systems can be integrated at any time.
Safe operation
The applications are operated in the BAIT-compliant, audit-proof data center of EFDIS.
Standardized interfaces
Efficient integration
Our extensive experience and technical expertise are reflected in the incoming and outgoing standard interfaces for reporting and risk management. We ensure the smooth transfer of data from leading and secondary systems and normalize deviating structures of different companies or branches.
- Flexible connection of new companies and products
- Ensuring uniform encodings
- Fast corrections of derivation logics
- Easy recognition and assignment of transactions within the reporting systems
- Uniform and fast execution of release change adjustments
Standardized data basis
Customized financial reports
The EFDIS.FINREG data warehouse provides the basis for modern, open data management and, in addition to supplying regulatory reporting systems, enables the creation and management of individual reports.
- Always up-to-date, synchronous database with the reporting systems
- Evaluations for quality assurance
- Financial reports
- Balance sheet
- Totals and balances list
- Various other
Software & Service
Flexible composition of the modules
- Mandatory components when using EFDIS.FINREG
- Optional components of the full-service offer
The modular offer of EFDIS and RUBIQ enables the flexible combination of professional and technical support for demand-oriented services.
Hotline service
Our dedicated team is ready to assist you in word and deed.
- Provision of qualified contact persons for 1st and 2nd level support
- Answering technical questions from the daily business
Report generation with BAIS/Abacus
If required, we will provide you with comprehensive support in the daily processing of your reporting tasks.
- Data import from transfer point
- Plausibility check and post-processing of the data
- Processing and documentation
- Submission of reports to the supervisory authorities in the appropriate format
- Support in answering queries from the Bundesbank and EBA
- Analysis, design and implementation of new reporting requirements
Integration
We help you during the implementation and in the daily operation with the bank-side integration as well as with the design of individual reports.
- Consulting for interface setup
- Institute-specific analysis of data requirements
- Identification of data sources in the upstream systems
- Technical implementation of the standard interfaces
Customized reports
We help you during the implementation and in the daily operation with the bank-side integration as well as with the design of individual reports.
- Implementation of institution-specific reports
- Analysis of data requirements
- Implementation of the reports in EFDIS.FINREG
Professional advice
In addition to providing the audit-proof infrastructure, the SaaS service package also includes the technical implementation.
- Technical advice on changes and innovations
- Preparation and implementation of workshops on specific topics
- Employee training
- Processing of ad-hoc requests
- Short-term support services
Technical implementation
As part of the technical implementation, we ensure the availability and operability of the systems and interfaces.
- Technical integration of the data warehouse
- Implementation of the standardized interfaces to the banking system
- Implementation of the standardized interfaces to the reporting and/or risk management system
Professional implementation
In addition to providing the audit-proof infrastructure, the SaaS service package also includes the technical implementation.
- In addition to providing the audit-proof infrastructure, the SaaS service package also includes the technical implementation.
- Design and implementation of customer care processes
Software transfer
We take care that EFDIS.FINREG is always up to date.
- Maintenance and development of EFDIS.FINREG
- Maintenance and development of standard interfaces from and to EFDIS.FINREG
- Implementation of new releases of the reporting and risk management systems in EFDIS.FINREG
Hosting
- BAIT-compliant hosting EFDIS.FINREG
- Hosting BAIS, ABACUS and other third party systems if necessary
Your advantages
Reliability and quality
- Comprehensive expertise of partners EFDIS and RUBIQ
- Always up to date in reporting
- Standardized processes for all clients
- Flexible selection of service modules
- Lean solution for supplying risk management systems
- Wide range of options for data evaluation and the creation of financial reports
- Fast implementation
- Audit-proof operation, 100% compliant with BAIT and MaRisk
