FRSGlobal

Statutory Reporting (US and Foreign Branch Reporting)

FRSGlobal offers a comprehensive automated regulatory reporting solution that satisfies requirements as set forth by the FFIEC, Federal Reserve, FDIC and U.S. Department of Treasury. For many reasons, it makes strategic business sense to have an automated, rapid and centralized regulatory reporting solution:

• Automating the reporting for periodic reports controlled from a central hub will bring down the cost for these processes in terms of staff and time required.
• Automate aggregation and reporting to a variety of international and local GAAP standards
• Automatically generate reports in standard XBRL format for the regulator
• Speed up the reporting and consolidation process, ending the traditional period-end scramble
• Centralize all relevant data for regulatory and business reporting processes in a consolidated platform

Basel II Reporting (Standardized and Advanced Approach)

FRSGlobal is prepared to solve and maintain the U.S. Basel II Reporting burden for both the standardized and advanced approaches, including all local requirements. The solution is a complete resolution for data storage, data assessment and reporting of regulatory capital requirements as directed under the US Basel II accord. We offer regulatory capital analytics (including local discretions), Ad-hoc Analysis & Reporting, and full utilization of LGD, EAD, CRM, RWA, and Capital Ratio calculations. The solution includes a centralized, standard data repository consisting of market, credit, operational and capital consolidated data. US Basel II reporting can be fully automated and will result in a significant reduction in cost, inaccuracy and man-hours associated with producing the reports.

IFRS

Banks and financial institutions are faced with a remarkable challenge as worldwide accounting standards evolve. However, with an appropriate reporting infrastructure to support an efficient transition to IFRS/FINREP, banks can and should consider new reporting standards as a strategic opportunity. Offering full cross-validation between FINREP and COREP, the FRSGlobal solution not only helps meet the full requirements of IFRS, but also to gain greater insight into organizational strengths and exposures.

Risk Platform

FRSGlobal provides to financial institutions in the U.S. a comprehensive risk platform that incorporates a calculation engine. Our RiskPro solution covers Asset Liability Management (ALM), liquidity risk management, market risk analysis, and credit risk analytics including exposure analysis, value at risk, funds transfer pricing, dynamic simulation, limits, historisation, Basel I and II, risk-adjusted performance analysis, credit exposure, credit loss and IAS 39.