For more than 25 years, we have been offering reliable reporting software for financial institutions with our Abacus solutions. More than 1,000 reporting entities of well-known financial institutions, among them a major part of the most important European banks under supervision of the SSM (Single Supervisory Mechanism), special institutions, insurers, and financial providers, use our reporting solutions for their regulatory reporting.

Our new software generation Abacus360 Banking is a standard solution for national and international regulatory reporting, for statistical reporting, for granular reporting (AnaCredit), and for ad-hoc reporting. Furthermore, the functional scope of Abacus360 Banking is supplemented by numerous additional components that enable banks to individually optimize reporting processes, regulatory analytics and regulatory management. Individual requirements can be met by flexibly combining the additional functional components in line with the modularity principle.

Why decide on Abacus360 Banking

A comprehensive standard software for regulatory reporting

Abacus360 Banking covers the reporting requirements of EBA, ECB, SRB and national supervisory authorities. Through its innovative technology, Abacus360 Banking facilitates the implementation of new regulations and enables a timely response even to short-term enquiries, such as, ad hoc reporting and fire drills. The solution automates the reporting process from data delivery, data analysis, audit and reporting, including calculations and validation, through to transmission to the supervisory authorities. Customers in Andorra, Belgium, Finland, France, Germany, Ireland, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Romania, Spain, Sweden and the United Kingdom use Abacus360 Banking for their reporting.

Abacus360 Banking covers numerous modules for regulatory, statistical, granular and ad-hoc reporting:

  • Prudential Reporting
    • Common Reporting (CoRep):
      • Own Funds
      • IP Losses
      • LCR
      • NSFR
      • Additional Liquidity Monitoring Metrics (ALMM)
      • Leverage Ratio
      • Portfolio Benchmarking Report
    • Financial Reporting (FinRep):
      • Non Performing Exposures
      • Forbearance
    • Asset Encumbrance
    • Funding Plans
  • Granular Reporting
    • Analytical Credit Dataset (AnaCredit)
    • Large Exposure
    • Balance of Payments
    • Securities Holdings Statistics (SHS)
  • Public Disclosure - Basel III (Pillar 3)
    • Market Disclosure
    • Asset Encumbrance
    • Leverage Ratio Disclosure
    • LCR Disclosure
    • Disclosure FPE & NPE
  • Statistical Reporting
    • ECB Statistics
    • Balance Sheet Statistics (BSI)
    • Securities Holdings Statistics (SHS G)
    • Interest Rates Statistics (MFI)
    • further national statistic reports
  • Additional reporting requirements
    • SRB Reporting
    • Reporting for residential real estate (Germany)
    • Reporting for investment firms according to IFR
  • Local reporting requirements for different countries

    In addition to Germany, Austria and Switzerland, local reporting requirements of the following countries are fulfilled:

    • Belgium:
      • Statistical Reporting (Schema A - Livre 1, z.B. 00.10-2.11, 2.13-3.10, 3.41, 3.49, 3.96, 3.98-43.) to the National Bank of Belgium (NBB)
    • Frankreich:
      • Statistical Reporting (Surfi, z.B. CAPITAUXP, SITUATION, BLANCHIMT, M_CESSCRE, INTRA_GPE)
    • Irland:
      • Statistical Reporting for submission to the Central Bank of Ireland (CBI, z.B. RS2, MR1, MTS)
      • AnaCredit local specifics
    • Luxemburg:
      • Statistical Reporting for submission to the Banque Centrale de Luxembourg (BCL, z.B. S1.1, S1.5, S2.5, TPT, BOP)
      • local reporting requirements for submission to the Commsission de Surveillancde du Secteur Financier (CSSF, z.B. B2.4, B2.5, B4.4 – B4.6)
      • AnaCredit local specifics
    • Netherlands:
      • Statistical Reporting for submission to the De Nederlandsche Bank (DNB) (SE Reporting, z.B. 9001, 9004, 9005, 9008, 9013, 7001, 8023)
      • SE Reporting, Deposit Gurantee Scheme, TLTRO, MFI Diensten
      • AnaCredit local specifics
    • Singapore:
      • MAS610 Reporting
    • Spain (in development)
    • United Kingdom:
      • Statistical Reporting for submission to the Bank of England (BoE, z.B. BT, ELS, PL)
      • PRA reports for submission to the Prudential Regulation Authority (z.B. PRA101, PRA104, PRA110)
      • Financial Conduct Authority reports (FCA) (z.B. CCR001, FSA001, FSA045, FSA076, FSA038, MLA)

Abacus360 Banking is an established standard software solution for regulatory reporting in various jurisdictions with a broad customer base in Europe. Numerous modules for regulatory and statistical reporting, granular and ad-hoc reporting are available. Due to the use of one single data model that is used by all reporting, risk, and finance applications, Abacus360 Banking enables data consistency across departments required by BCBS 239. Flexible deployment scenarios allow for on-site installation, Software-as-a-Service (SaaS) or complete business process outsourcing (BPO). The sustainable and modern IT architecture based on latest technologies facilitates cost-effectively meeting of future requirements in terms of data volume and change frequency. Extensive services such as consulting, training, comprehensive support and regular user groups complete the overall package.

 

Meeting regulatory requirements is more than just reporting. With Abacus360 Banking, financial institutions can combine the functions for reporting, risk calculation and controlling of regulatory KPIs on one powerful platform. In addition to the extensive functionalities for reporting, the platform can be extended with risk modules (Abacus360 Banking Risk) and Advanced Tools.

By integrating these different functional areas on one platform with a single data model, Abacus360 Banking can increase the efficiency of regulatory processes, the transparency and quality of the data, and the agility in terms of a faster implementation of new regulatory requirements.

More than mere reporting - 360° solution for reporting, risk management and analytics

Abacus360 Banking is a further development of BearingPoint RegTech‘s tried-and-tested Abacus platform. The Abacus360 platform offers a new and innovative calculation engine, which leverages technologies such as in-memory processing and distributed computing, and therefore allows for a significant improvement in operational performance and flexibility.

Abacus360 Banking features an optimized and standardized data model that minimizes redundant data storage through the consolidation of results data across all modules. The software is available in many languages and different versions and offers multi GAAP processing. The Abacus360 data model allows for long-term data maintenance even in light of the ever-changing conditions.

Due to the single data model, the engine functionalities, and the Advanced Tools, Abacus360 is “ready” for BCBS 239. A key BCBS 239 requirement, namely interdivisional data consistency, is fulfilled.

Integrated data management with Abacus360 Banking

BCBS 239 ready

Several software features enable banks to integrate Abacus360 in a BCBS 239 compliant IT architecture. The solution can be adapted quickly to new data requirements.

Reconciliation

Framework for defining stable reconciliation processes and data-quality checks based on input and result data. It also supports fully automated workflows from the detection to the correction of data quality issues.

Data Dictionary

Provision of an integrated Data Dictionary that is directly linked to the logical data model and thus, by definition, up to date. It is also open for individual extensions.

Data Processing

Functional calculation cores and an enhanced toolset for efficient and mainly automated data preparation to enable internal and external reporting without media breaks.

Data Integration

Integrated ETL framework and support of the flexible adaptation of external data sources (e.g. for ad-hoc reporting).

Information Security

Enhanced authorization concept to protect the confidentiality, integrity, and availability of data. can be adapted quickly to new data requirements.

Distributed computing with Apache Spark

Abacus360 Banking Regulatory is based on a three-tier architecture with a clear separation of the GUI, application logic and data management based on the distributed processing of Apache Spark. Apache Spark is a cluster computing framework with high market acceptance for big data projects.

Apache Spark allows for the processing of very high data volumes (several 100 million data records) and has strong vertical and horizontal scaling possibilities. It also shows good scalability for independent processing in parallel processes. Apache Spark therefore allows for the stable processing of large data volumes within short time windows and parallel processing of multiple modules and/or institutions.

Reporting at the push of a button / Outsourcing of reporting processes

RegTech Factory

RegTech Factory

With its international RegTech Factory, BearingPoint RegTech offers a digital, fully integrated and automated "reporting factory" that helps to achieve significant economies of scale for participating banks and financial service providers.

Learn more about the RegTech Factory
Business Process Outsourcing with IBM

Business Process Outsourcing with IBM

The joint solution of BearingPoint RegTech and IBM enables financial institutions to outsource their regulatory reporting processes, including both outsourcing specialized processes and technical operations as well as software maintenance and further development.

Learn more about our BPO offering

We hope that Abacus360 Banking will enable us to handle the enormous amount of data in the context of AnaCredit very well and to make the necessary notification on time and automatically.

Frederic Kerschbaum, Team lead IT Application Management & Organization, abcbank / July 2018, Press release

For the complex European AnaCredit reporting, calling for the gradual establishment of the harmonized collection of granular credit and credit risk data, we were looking for a new vendor and screened the market for providers. Abacus doesn’t just meet the needs of our bank’s organization today it pushes further to anticipate future trends in regulation by integrating comprehensive functionality for reporting, risk calculations and controlling regulatory KPIs onto one single, scalable platform that can be tailored according to our local attributes.

Justė Karaliūtė, Head of Regulatory Reporting from Citadele Bank Lithuania / May 2018, Press release

As one of the leading providers of FinTech solutions our aim is to also improve and accelerate regulatory automatization and standardization. The RiskTech/RegTech solution ABACUS/DaVinci meets our standards and can be implemented flexibly in different areas. We use the solution ourselves, within the FinTech Group, and also include it in our B2B product portfolio for bank clients.

Frank Niehage, CEO, FinTech Group AG / August 2017, Press release

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