Case Study: Multi-system Integration and Regulatory Reporting - CAD / Basle I
The Client
A global trading bank operating in Europe, Asia and the US.
The Challenge
The bank was expanding rapidly and had a constantly evolving systems infrastructure supporting an aggressive trading business in FX, money markets, bonds, equities, emerging market securities and commodities.
The launch of significant new regulatory reporting requirements was imminent and the bank needed to be able to report on its market and credit risk exposures across all its trading and banking businesses.
The Solution
We undertook a six-month data analysis and integration project covering:
- Understanding the new reporting requirements and applying it to the bank's trading and banking businesses and the systems and data supporting them.
- Designing the data architecture required to extract, format and report on this data.
- Implementing the CMG rFRAME regulatory reporting engine to produce the required statutory returns.
- Implementing a middleware-based integration architecture to extract, format and store the required data.
The Outcome
The project culminated in the implementation of the CMG rFRAME system and the design of an integration architecture to extract global data (US, UK and Far East) from FX, money market, bond, equities and base and precious metals systems.
The design also created a risk warehouse which the bank was then able to use for both its regulatory and internal market and credit risk reporting.