DataPoint Model changes

DataPoint Model changes

For a Major EU Clearing House

About the client

The client is a major clearing house in Belgium and is involved in settling securities transactions and safekeeping.

The challenge

In order to provide a uniform implementation of the ITS on Supervisory Reporting, the data items included in the ITS were translated into a DPM. The DPM is a structured representation of the data, identifying all the business concepts and their relationships, as well as validation rules. It contains all the relevant technical specifications necessary for developing an IT reporting solution. Over time, changes to the DPM needed to be applied to the reporting processes at banks.

How b.fine helped

b.fine managed (and is still managing) the full impact of each DPM upgrade for various clients. Starting from the EBA documentation, a first, high level gap analysis was done in terms of data and processes. Once the gaps were identified, b.fine worked with the various stakeholders, to identify and implement the best solution to close these gaps. For instance, in the context of DPM 2.8 (applicable since December 31, 2018), b.fine managed the integration of the new concept PVA within the regulatory risk engines and the COREP reports. b.fine also managed the most recent DPM changes (3.0, 3.1 and 3.1 Phase 2) for some of its clients.

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