REGULATORY REPORTING AND RISK MODELLING

Banks are subject to certain regulations and requirements that aim to uphold the integrity of the financial system. Financial institutions are regulated by governments to disclose and handle their capital in a certain way. The categorisation of assets and capital is highly standardised so that it can be risk weighted.
A number of high profile financial scandals have raised both the profile and importance of areas which control the reporting of information to external bodies. Financial services companies are legislated by a variety of bodies – MAS, HKMA, FINMA, PRA (UK), FED (US), BEA (US), TIC (US) etc.









How can we help?

  • Amlgo Team has both horizontal and vertical capabilities in the consulting and technology space across the spectrum to implement regulatory reporting solutions.

  • We have experience of working directly with Reg Reporting Solution Providers (WKFS) to implement the solutions quickly and efficiently.

  • We help clients in defining global enterprise level solutions which helps them move away from silo applications and its related challenges. Data quality and completeness are key challenges in such programs. Amlgo’s expertise in data management fills that gap and supports clients in defining solutions while ensuring data quality required for such solutions.

  • We help you meet regulatory reporting requirements at lowered cost while turning insights into a competitive advantage.

  • We have domain and product consultants, give us the ability to prepare and respond to the client’s needs in a highly dynamic regulatory environment. We leverage expertise across a variety of regulations in both risk management and regulatory compliance. Risk solution areas include credit risk -IFRS/CECL, LCR, NSFR, ALMM, credit decision-making, BASEL II&III, market risk, limit monitoring system, CVA, stress testing, CCAR, operational risk, liquidity risks, risk data warehouse, regulatory reporting.
  • Solution implementation

    We support clients in upgrading their legacy systems through both custom-built solutions as well as implementing third party package/products.
    In third party packages, Amlgo Labs brings extensive experience in implementation and upgrades of a range of products (AxiomSl, Moody’s Analytics, OneSumX from wkfs etc).


    IFRS9 and CECL

    Development experience for IFRS 9 and CECL compliance using technology experts with major vendors in this area – WKFS & AxiomSL.
    To foster stability in the global financial system, banking and financial institutions are gearing up to comply with the new International Financial Reporting Standards 9 (IFRS 9) and Current Expected Credit Loss (CECL in US) regulations. Global banks are in the midst of implementing large multi-year programs to achieve IFRS 9 / CECL compliance. Our team of techno-functional experts are well prepared to help banks accelerate implementation using our frameworks and accelerators and they bring live experience from the core of the development.
    Model validation framework to validate credit risk models such as PD, LGD, EAD
    IFRS9/CECL Analysis for certain customers willing to complaint for both
    Data Sourcing for data aggregation, calculation services and reporting
    Data aggregation and lineage framework to support audit and traceability requirements

    Platform Evaluation

    We help in choosing the best implementation options by doing build vs. buy analysis and vendor evaluation. It depends upon certain criterias like performance, volume and processing etc for the tool.




    Benefits

  • Improve compliance with immediate available resources
  • Reduce compliance costs
  • Risk mitigation
  • Enhance coordination between different systems
  • Quicker decisions while evaluating vendors
  • Steps we follow -

  • Step 1: Initial call to understand business problem and how we can help.
  • Step 2: Sign NDA.
  • Step 3: Requirement analysis to understand the kind of data you have for the project.
  • Step 4: Build a POC with the relevant tools – AxiomSl, OneSumX etc and get approvals.
  • Step 5: Implement the system in production.
  • Step 6: Ongoing maintenance as needed.