Central Banks
The complexity and variety of the operations in Central Banks very often require a usage of several small, specially focused systems. This is a high potential risk from point of infrastructure, integration and data integrity between the systems.
In several cases we were able to cover a functionality of more than 20 systems in a single, flexible system, reducing all risks coming from the usage of small special purpose systems.
Read more about the coverage and benefits: Central Banking
Covered fields:
- Reserve Management with full Risk and Performance Management Control and Monitoring
- cover reserves management operations
- manage and compare portfolio risk figures to selected benchmark
- market rate and deal impact analysis
- performance and attribution measurement
- support settlement operations and reconciliation with full SWIFT integration
- cover collateral management
- Monetary Policy Execution with full domestic
- cover monetary policy operations including full domestic and cross boarder collateral management via SWIFT
- cover required reserves management
- asset assessment
- Auctions
- Specific reporting requirement
Benefits:
- Achieve compliance with Eurozone standards
- Full STP processing from Front Office through Back Office to Accounting
- Full system integration
- Standardizes internal/external procedures