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asset liability management for your business


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By : James Dean   29 or more times read
Submitted 2011-12-21 14:40:55

FRSGlobal provides regulatory reporting solutions throughout the globe for banks, insurance businesses, funds as well as other financial establishments. By leveraging a world-wide informations design (DataFoundation), a standardised integral development environment, completely incorporated calculation abilities, and an international runtime engine for reporting, FRSGlobal can provide local reporting efficiently and regularly for any jurisdiction.
Main benefits of the FRSGlobal regulatory reporting solution consist of among others:
Regulatory update service (RUS): FRSGlobal actively oversees regulatory changes as well as offers updates within the product subscription
Full audit trail and drill-down to governing informations, variance analysis, etc. as part of the runtime engine
Absolutely incorporated answer for risk management & regulatory reporting, to accommodate the increasing convergence of these operations in regulatory frameworks all over the globe (Basel III, Solvency II etc.). This indicates:
Single source of data as well as data control to ensure consistencyRisk calculation outcomes pertinent for regulatory reporting immediately taken into accountRegulatory reporting includes report level validation guidelines as well as digital delivery where relevant
Local domain proficiency, while maintaining global consistency
This type of reporting concerns balance piece data in addition to P&L. Most countries offer a regulatory framework that consists of a main balance sheet as well as P&L record, either on IFRS basis or regional GAAP. In addition to that there are generally a number of breakdown records which zoom in on specific products from the balance piece or P&L.
Besides reporting as each local requirements, FRSGlobal answers additionally feature IFRS appraisal as well as revenue investigation capabilities. Depending on the country needs the reporting could even feature netting and compensation guidelines.
The prudential platform of a regulator is centred around risk reporting. This features capital adequacy reporting (solvency risk), liquidity danger, market danger as well as rate of interest risk, and also concentration danger like large exposure reporting.
FRSGlobal covers not only the reporting part of the prudential platform, however even capital requirements (standard technique & IRB) and reserve calculations, money flow calculations, worry testing abilities, liquidity forecasting as well as full ALM abilities.
In each nation the central bank or other regulatory body is gathering information used for statistical purposes. This generally includes balance slab analysis per country, economic sector, currencies, maturities, notice periods, etc.. It may additionally consist of proclaimming on specific subjects like securitisation and passion rate statistics. Depending on the country demands the reporting may even feature netting as well as compensation guidelines. In many countries proclaimming requirements exist on transactional level. This commonly involves balance of payments proclaimming, MIFID or additional everyday transaction reporting. In April 2011, Wolters Kluwer Financial Services obtained Spring with its FRSGlobal business. Spring provides full reporting templates as well as high-level input and delivery mechanisms to UK regulators. The acquisition allows the blended business to assist more economic organizations better meet reinforcing liquidity as well as stress testing requirements in the UK. The global financial crisis illustrated simply how fast liquidity dangers can easily crystallise as well as turn even the most trusted investment illiquid, escaping financing sources. To fulfill the stringent liquidity regulations firms have to implement a powerful liquidity risk control platform (i.e. technique, policy and methods). This consists of the repairs and maintenance of a cushion of unencumbered, high excellent liquid assets which can easily be stressed to the degree of coming to be illiquid in purchase to endure strain events, including those involving the loss or impairment of both unsecured as well as secured financing sources.


Author Resource:- AntonyPeterson is an expert when it comes to credit risk analysis. To find out everything about
risk management
, visit his website at http://www.frsglobal.com.


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