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Whistlebrook Ltd Head Office

Unit 6, The Forum, Icknield Way,
Tring
Hertfordshire
GB

Telephone

07793768508

Contact

Jon Sayer
[email protected]

Whistlebrook Budgeting and Planning

Whistlebrook’s Budgeting and Planning Application (B&P) is a general ledger budgeting and forecasting tool. It provides for the input of cost centre overheads, the accurate calculation of future employee costs and the separate planning of the fixed asset register.

 
Overhead Planning

The budgeting & planning application is essentially a cost centre overhead and balance sheet planning tool. The system has full workflow capabilities to allow cost centre managers to enter their budgets, submit them for approval and for those assumptions to be approved or rejected at a higher level.

 
Payroll Planning

Since payroll costs are normally a significant part of any financial institution’s running costs, there is a separate module for the forward planning of employee costs. Payroll planning includes salaries, NI, car costs, bonuses and pension costs.

 
Fixed Asset Planning

The fixed asset register can also be planned separately from the general overheads. The system will plan automatically the monthly depreciation and post this to the P+L

 
Regulatory Assumptions

One aspect of budgeting and planning is that at the completion of the plan, the system will automatically perform additional processing to ensure that regulatory requirements on the liquidity ratio and the value of cash deposits is met.

 
Multiple Scenarios

The application can plan forward for any time period from 1 month to 5 years. In addition, multiple plans for the same time period can be built in order to provide scenario comparisons.

 
Reviewing the Output
 

Once a budget has been processed a general view of the output is available from within the application. The main form of output however is via the Budgeting & Planning OLAP cube using Excel as the viewing tool.

View other products from Whistlebrook

Whistlebrook - Regulatory Reporting

Whistlebrook’s reg reporting system is scalable to meet the requirements of organisations of all sizes. The system is recognised by both the Financial Conduct Authority and The Bank of England as a means of direct electronically submitting regulatory returns. – COREP – FINREP – BoE – FCA/FSA

Whistlebrook Business Intelligence

Interactively monitor, analyse & plan operational & performance data. Data is pulled from IT systems into our central data warehouse to give a single view of your business. Using Microsoft’s Power BI tool, data can be used for corporate & self-service BI for localised queries & ad-hoc reporting.

Whistlebrook Funds Transfer Pricing (FTP)

Following the banking crisis it is now a regulatory requirement for financial institutions to accurately state the cost of funding.   Whistlebrook’s Funds Transfer Pricing application ( FTP) provides financial institutions with the ability to apply a cost of funding rate to their asset portfolio (typically loans and treasury liquidity) and an investment rate to …