American multinational investment bank and financial services company leverages Adenza’s global solution, local knowledge, and regional support for risk and regulatory compliance in
Compelling Event And Decision Drivers
The recent increased regulatory scrutiny on, and complexity and granularity of, banks’ capital and liquidity calculations has accelerated their efforts to completely forgo spreadsheets, multiple third parties, and siloed systems for an integrated and scalable solution that protects them against the next inevitable rounds of change.
Adenza’s strategic and automated solution already in place addresses this global client’s scope of requirements. Its breadth of solutions for capital and liquidity calculations and financial and statistical reporting not only solves historical issues like manual or siloed processes and data strategies, but also stands up to scrutiny, addresses current requirements such as FRTB and IFRS 9, and prepares clients for upcoming Basel IV changes as well as new initiatives, like ESG. Going with Adenza also enabled the client to leverage resources that maintain ControllerView throughout Latin America for its Brazil regulatory requirements.
This high-performing solution also enables the clients to scale performance and leverage a common, single-source data strategy, eliminating ongoing concerns about a dispersed technology stack as their businesses expand outside current jurisdictions. The solution matched this G-SIB’s global strategy.
Adenza’s Capital and Credit, Liquidity, and Regulatory Reporting Solution
- ControllerView ingests original data from disparate sources without transformation for faster processing, seamless integration, ease of management, data lineage, analytic dashboards, and reporting
- Local support with eight offices in Latin America
- Scalability for TCO optimization