Since the inception of Finperform, we have completed many projects for our Financial Services clients. We are proud to have repeat clients due to the successful delivery of projects. Our sample projects listed below:
Project 1 – Implement tailor made Data Analytics engine:
Client : Tier 1 Investment Bank
Mandate: This bank has thousands of employees in EMEA. The bank ad to re-organise their variable pay structure to meet the CRDIV requirements as imposed by PRA. Our job was to build a sophisticated model to build scenario analysis to cater for more than 100 scenarios on restructuring variable pay terms. We worked closely with an in house developer to develop the arithmetical model and create an operating model for implementing the variable pay structure.
Project 2- Project manage a number of key deliverables arising out of a regulatory visit
Client : Tier 1 Investment Bank
Mandate: The regulators have requested the bank to improve their processes and to automate a number of manual activities. These requests centered around the product control function of the bank. The improvements were focused on a range of areas including sales credits, evidence on signing off of Day 1 P&L, automation of FX P&L to name a few. This project was delivered on time and on cost with the full satisfaction from the regulators.
Project 3: Establish a Data Management (Chief Data Officer) office
Client: Tier 1 Investment Bank
Mandate: Create a Data Governance and Data Management framework for this global bank to meet BCBS239 regulations. The project encompasses creating Policies & Data Management Standards, implementing and monitoring data quality rules, creation of Service Level Agreements, establishing a Governance and a Management Operating Model, documentation of Data Lineage and identification of Critical Data Elements.
Project 4: Implementation of COREP Reporting
Client : Tier 1 Custody Bank
Mandate: The bank was producing their COREP submission on a manual mode. Our project was to implement a tool that will automate the COREP reporting. We were involved in the entire program on various activities, including documenting the business requirements, interpretation of the reporting requirements, integration testing, user acceptance testing, user training and go live.
Project 5: Implementation of Anacredit Reporting
Client : Tier 1 Custody Bank
Mandate: European Central Bank has implemented Anacredit regulations, which requires credit institutions to report granular data on certain credit exposures such as loans, overdrafts, reverse repos, trade finance and other loans. There are more than 90 data items to be reported as part of the regulation to a number of European regulators such as Central Bank of Luxembourg, Bundebank and National Bank of Belgium. Our scope in the program includes documentation of business requirements, establishing data governance requirements and data quality rules, design and implementation of operating model and user training.