credit risk solutions for your business
Author: barefootedboy
FRSGlobal offers regulatory reporting answers throughout the globe for banks, insurance companies, funds and other economic institutions. By leveraging a world-wide informations design (DataFoundation), a standardised integral development environment, absolutely integrated calculation abilities, as well as an international runtime engine for reporting, FRSGlobal can easily provide neighborhood reporting effectively as well as continually for any jurisdiction.
Main benefits of the FRSGlobal regulatory reporting solution include among others:
Regulatory update service (RUS): FRSGlobal actively oversees regulatory changes and offers updates within the product membership
Full audit trail and drill-down to underlying informations, variance analysis, etc. as part of the runtime engine
Absolutely integrated answer for danger management & regulatory reporting, to support the increasing convergence of these functions in regulatory frameworks all over the entire world (Basel III, Solvency II etc.). This means:
Solitary source of informations and data control to guarantee consistencyRisk calculation outcomes pertinent for regulatory reporting immediately taken into accountRegulatory reporting features report level validation guidelines as well as digital delivery where relevant
Neighborhood domain expertise, while sustaining international consistency
This type of reporting concerns balance slab data in addition to P&L. Many nations supply a regulatory framework that includes a fundamental balance piece and P&L report, either on IFRS basis or regional GAAP. In addition to that there are normally a number of analysis records which zoom in on certain items from the balance piece or P&L.
Besides reporting as each local needs, FRSGlobal solutions also feature IFRS valuation as well as profit investigation abilities. Depending on the nation demands the reporting may additionally consist of netting as well as compensation rules.
The prudential platform of a regulator is centred around danger reporting. This consists of capital adequacy reporting (solvency risk), liquidity danger, market risk and rate of interest danger, in addition to concentration risk like large exposure reporting.
FRSGlobal covers not just the proclaimming part of the prudential platform, however even capital requirements (basic approach & IRB) as well as reserve calculations, money flow calculations, tension testing capabilities, liquidity forecasting as well as complete ALM abilities.
In each country the central bank or other regulatory body is collecting details utilized for statistical reasons. This usually includes balance sheet breakdown each country, financial market, currencies, maturities, notice periods, etc.. It could also include proclaimming on specific topics like securitisation as well as interest rate statistics. Depending on the nation demands the reporting might also consist of netting and compensation guidelines. In lots of nations proclaimming demands exist on transactional degree. This typically involves balance of payments reporting, MIFID or other everyday transaction reporting. In April 2011, Wolters Kluwer Financial Services obtained Spring with its FRSGlobal business. Spring supplies full reporting templates and high-level input as well as delivery mechanisms to UK regulators. The acquisition allows the blended business to aid more economic organizations better meet accentuating liquidity and tension testing demands in the UK. The international financial crisis showed simply exactly how rapid liquidity risks can crystallise as well as turn also the most trusted investment illiquid, evaporating financing sources. To fulfill the strict liquidity regulations firms have to carry out a strong liquidity risk management framework (i.e. strategy, plan as well as methods). This includes the repairs and maintenance of a cushion of unencumbered, high excellent liquid assets which can be strained to the level of coming to be illiquid in purchase to withstand strain events, including those involving the loss or impairment of both unsecured as well as secured financing sources.
JamesDean is an expert when it comes to credit risk analysis. To find out everything about
liability management, visit his website at http://www.frsglobal.com/.
Main benefits of the FRSGlobal regulatory reporting solution include among others:
Regulatory update service (RUS): FRSGlobal actively oversees regulatory changes and offers updates within the product membership
Full audit trail and drill-down to underlying informations, variance analysis, etc. as part of the runtime engine
Absolutely integrated answer for danger management & regulatory reporting, to support the increasing convergence of these functions in regulatory frameworks all over the entire world (Basel III, Solvency II etc.). This means:
Solitary source of informations and data control to guarantee consistencyRisk calculation outcomes pertinent for regulatory reporting immediately taken into accountRegulatory reporting features report level validation guidelines as well as digital delivery where relevant
Neighborhood domain expertise, while sustaining international consistency
This type of reporting concerns balance slab data in addition to P&L. Many nations supply a regulatory framework that includes a fundamental balance piece and P&L report, either on IFRS basis or regional GAAP. In addition to that there are normally a number of analysis records which zoom in on certain items from the balance piece or P&L.
Besides reporting as each local needs, FRSGlobal solutions also feature IFRS valuation as well as profit investigation abilities. Depending on the nation demands the reporting may additionally consist of netting as well as compensation rules.
The prudential platform of a regulator is centred around danger reporting. This consists of capital adequacy reporting (solvency risk), liquidity danger, market risk and rate of interest danger, in addition to concentration risk like large exposure reporting.
FRSGlobal covers not just the proclaimming part of the prudential platform, however even capital requirements (basic approach & IRB) as well as reserve calculations, money flow calculations, tension testing capabilities, liquidity forecasting as well as complete ALM abilities.
In each country the central bank or other regulatory body is collecting details utilized for statistical reasons. This usually includes balance sheet breakdown each country, financial market, currencies, maturities, notice periods, etc.. It could also include proclaimming on specific topics like securitisation as well as interest rate statistics. Depending on the nation demands the reporting might also consist of netting and compensation guidelines. In lots of nations proclaimming demands exist on transactional degree. This typically involves balance of payments reporting, MIFID or other everyday transaction reporting. In April 2011, Wolters Kluwer Financial Services obtained Spring with its FRSGlobal business. Spring supplies full reporting templates and high-level input as well as delivery mechanisms to UK regulators. The acquisition allows the blended business to aid more economic organizations better meet accentuating liquidity and tension testing demands in the UK. The international financial crisis showed simply exactly how rapid liquidity risks can crystallise as well as turn also the most trusted investment illiquid, evaporating financing sources. To fulfill the strict liquidity regulations firms have to carry out a strong liquidity risk management framework (i.e. strategy, plan as well as methods). This includes the repairs and maintenance of a cushion of unencumbered, high excellent liquid assets which can be strained to the level of coming to be illiquid in purchase to withstand strain events, including those involving the loss or impairment of both unsecured as well as secured financing sources.
JamesDean is an expert when it comes to credit risk analysis. To find out everything about
liability management, visit his website at http://www.frsglobal.com/.
Article Source: http://www.articlealley.com/http://barefootedboy.articlealley.com/credit-risk-solutions-for-your-business-2408723.html
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entire world,
insurance companies,
digital delivery,
audit trail,
regulatory framework,
regulatory changes,
domain expertise
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