Single-Data & Reporting Infrastructure for an American Bank

Background

  • Present in India for over five decades
  • Products include working capital facilities, treasury management, trade finance & solutions, capital raising, risk management, forex and fixed income securities
  • Uses legacy mainframe systems
  • Regional Technology set-up in Hong Kong

Requirement

  • Single & scalable solution for all regulatory reporting requirements in the country
  • Ability to interface with legacy systems with capabilities of Gap Data Management, Adjustments, etc.
  •  Modular solution for phase-wise rollout
  • Monitoring and classifying NPAs

Highlights

  • Leveraging SEMI (Single Extraction Multiple Implementation) approach for multiple regulatory outputs
  • Data Gateway for various legacy systems – enabling bank to easily adapt future Regulatory needs
  • Single partner for all Regulatory & Compliance requirements in the country
  • Roadmap to align with bank’s strategic technology interests
  • Modular and scalable architecture helped reduce Asset Quality Tracking system implementation to 2 months

Implementation Approach

  • Data extraction from legacy systems, creation of a Data Gateway for legacy system(s) integration
  • Deployment of Argus Data Model and pre-built Regulatory Reports covering LCR, Exposures, NPA and Risk Based Supervision (RBS)