Not only must you be prepared for the compliance requirements of Basel III, Corporate treasury must understand the implications of regulations and how they will impact liquidity management and investment decisions.
Modeling & Optimization
Being able to model the impact of changes to compliance requirements and how to best optimize cash and asset allocation while meeting the requirements is essential.
- the sourcing of data from multiple systems
- data checks and validation to ensure accuracy of source data
- calculation of Liquidity Coverage Ratio (LCR), LCR Runoff, Off-balance Sheet Instruments and other ratios
- full audit trail and transparency from source to submission
- stress testing
Basel III KEY CAPABILITIES INCLUDE
Risk Assessment Scoring & Mitigation
Identify, map, and assess risks - from group to functional levels, then prioritize these risks and focus on mitigating their impact. Using CCH Tagetik for risk management allows you to quickly assess, score and mitigate risks while flexible to respond quickly to changing regulations.
With full traceability of data and transactions from start to finish, you can see who did what, when, exactly where and why. Set controls, thresholds, validations and sign-offs to manage operational risks that could impact financial performance.
Budgeting Planning & Forecasting
CCH Tagetik allows you to collect and aggregate data; model market rate, volume, spreads, prepayments and more; and run complex calculations using banking-specific intelligence for detailed planning. Easily calculate credit, market, concentration, operational, impairment and liquidity risk with confidence.
Profitability & Cost Management
Monitor, measure and model profitability, based on more direct and indirect cost allocations, down to the instrument level and build Basel III assumptions into your planning process to see the full risk-adjusted impact of Basel III.
St. Galler Kantonalbank
Thomas Bünger, Deputy Head of Accounting
“CCH Tagetik’s software is targeted to the future. Unlike other vendors, it makes a huge commitment with a roadmap for the next five years. You can tell that the company stands behind its software and makes a considerable investment in it. In addition, the software’s built-in intelligence reflects the real needs of customers.”
Meghan Maze, Chief Accounting Officer
“CCH Tagetik delivered a single source of truth for Rabobank - consolidating over 24 sources of data into a cohesive and controlled scalable reporting and budgeting solution for four regulatory viewpoints, US GAAP and IFRS...”
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