In the wake of the recent credit crunch, the FSA and EU advisory bodies are imposing ever greater requirements on financial institutions around capital adequacy and transparency. The imminent requirement is for âLiquidity Reportingâ â more accurately Group Consolidated Reporting of Liquidity Risk under normal and âstressedâ conditions.
Achieving the standard is as much a question of understanding Information Management issues, as it is purchasing a computational tool set. With over 30 years experience of managing information systems in complex environments, IPL understands that to be effective the tool set needs access to the right data â consistently, with minimal latency. A robust and re-usable, proven architecture needs to be in place to achieve this. It is not possible to âplug and playâ with liquidity reporting tools. The adage of âgarbage in, garbage outâ is highly relevant. IPL's approach will ensure that this need can be met with the minimum of pain within the exacting timescales required.
Combining our Information Management expertise, with Asymptotix's proven solutions architecture for Risk Management, and FRSGlobal's market leading RiskPro and RegPro computational engines, provides a rare one-stop solution to achieving not just the impending liquidity reporting requirements, but also the wider issue of âtransparencyâ.